Today we bring news of expansion of our FinTech sector across Europe – all of this ahead of new loan offerings landing shortly on site, as previously highlighted here. Our friends at Altfi report: SMEs across Europe hungry for cash have a new digital bank to turn to in the form of Fibr, which launches […]
We await the imminent arrival of several new loan offers on site. Ahead of these offers, we have reviewed the cash positions of many lender – and see that many have simply parked cash in their accounts without allocating it to a loan. That capital only produces income for lenders when it is put to […]
It’s now or never. Our current loan offer, Fleetwood Legal Ltd 2, is closing today. The offer is currently 50 per cent subscribed. If you wish to make a bid, then please do so soon. Money&Co. lenders have been funding legal claims since May 2019. Over that period, and despite the issues that affected the […]
Our current loan offer, Fleetwood Legal Ltd 2, is closing tomorrow. The offer is currently 43 per cent subscribed, but the auction finishes tomorrow, whatever level of funding is achieved. If you wish to make a bid, then please do so soon. Money&Co. lenders have been funding legal claims since May 2019. Over that period, and […]
Digital banks, challenger banks (not quite the same thing) and the open banking initiative are individually and collectively ringing changes in the alternative-finance sector. Our friends at Altfi report the latest: UK Open Banking is undergoing its biggest shakeup in years. The body established by the CMA’s Retail Banking Market Investigation Order in 2017 to deliver open […]
The FinTech sector is undoubtedly booming. With buoyant funding levels, new product launches and acquisitions aplenty, our friends at Finextra report the latest. With VC investment in the UK’s financial technology sector soaring, Tech Nation has unveiled the 30 scaleups selected to participate in the fourth cohort of its fintech programme. The six-month government-backed programme […]
With several new loans in the pipeline, our popular managed portfolio service is likely to become more prominent. Here’s a brief reminder of its attractions. Clients of the Money&Co Portfolio Service have access to loans with a typical fixed return of 7%, without the need to manage a portfolio of loans. You will receive a […]
With the latest loan offer on site still at 21 per cent of full funding, this is a good time to remind visitors and registered lenders that lending to our carefully vetted borrowing companies is not a one-stage process. Investors who buy a fund or make a cash deposit into a building society account have […]
The UK’s progress in developing open banking comes in for some implicit criticism in this piece by our friends at Altfi, who look abroad for comparisons. Action is required to avoid the UK falling behind other open banking regimes like Australia and South Korea, according to policy group Coadec. The UK’s open banking industry, which […]
Today, we bring more news from the febrile, fast-changing world of financial technology. Our friends at Finextra carry the latest tale. A coalition of UK fintechs has signed an open letter calling on the government to fast track a ‘smart data right’ that enables consumers to control their data, opening up the potential of open […]