Some 65 peer-to-peer lending platforms have received a letter from the Financial Conduct Authority (FCA) warning them to “act now” to clean up poor practice or face a “strong and rapid” crackdown, The Times reports. For clarity, Money&Co. had a routine and welcome two-day visit from the FCA in early summer. We have not changed our business […]
We continue our theme of lending in difficult times with a warning shot from a couple of key players in the FinTech sector. There could be an upside to Brexit, but it may, as one of its prominent supporters said, be fifty years before we see the benefit of it. Below, we run an excerpt […]
Smaller companies are looking more to alternative-finance sources for funding, according to research reported by our friends at P2P Finance News. This is the latest in a series of apparently contradictory (and possibly just attention-seeking) reports on the topic. As we have reported here earlier: “The signals on funding for small and medium-sized enterprises (SMEs) […]
AltFi has taken the lead in research of the peer-to-peer (P2P) market across Europe. Below, we reprise a couple of salient points from AltFi’s own analysis of the data it garnered. The full article, well worth a read, can be found here. Fat margins get thinner for investors Investors in a diversified peer-to-peer lending portfolio […]
Steady as she goes… The peer-to-peer (P2P) sub-sector of alternative finance has suffered some reverses recently. We offer an excerpt from the latest news report from our friends at AltFi, involving a UK fund investing in a troubled French venture, below. Our take on all this is simple: improperly managed risky ventures will fail (and […]
It’s now almost exactly five years since the first peer-to-peer (P2P) loans were made available for lenders’ perusal on the Money&Co. site. Back then, of course, this young industry was even younger – in the world of alternative finance, five years is a long time. The industry has settled down a little since 2014. Once […]
Mainstream banking has long been playing a game of “if you can’t beat them, join them” with the alternative finance industry. Our own sub-sector of alternative finance, the peer-to-peer (P2P) credit sector, is among the most popular and sought-after. The government-backed British Business Bank is positively eager to help with credit funds for properly sourced […]
Do you want to commit capital to the small companies who find funding from the alternative finance sector – or would you prefer to invest in the alternative finance sector itself? Regular visitors to this site will be aware that Money&Co. lenders have achieved an average return of over 8 per cent (before we deduct […]
The London School of Business and Finance reports on an Institute of Directors survey that shows small-business confidence levels are high, but awareness of alternative sources of business funding is low. This report is an example of one arm of two recurring themes, the ying and yang of alternative finance (almost a double message). On […]
There’s a Christmas rush on just about everywhere – and the online business lending world is no exception. There are only three days to go on the latest, B+ rated loan offer. More loans are waiting in the wings. To learn more about lending, visit this page and watch the short informational video. Elsewhere in […]