The alternative-finance industry is trying hard to make headway, but there’s still plenty of work to do. As we bring individuals seeking a good return on capital together with carefully vetted small business looking for the funds to grow, Money&Co. has moved smoothly past the £10 million mark in loans facilitated since 2014. The average […]
Many commentators argue that one of the benefits of investing in debt raised by private companies is the lack of correlation between the performance of a loan and the oscillations of the stockmarkets. Whether or not shares are currently overpriced, our portfolio has certainly performed well – with no loan defaults in over three and […]
Banking is a tricky and complicated business involving lots of paper and bureaucracy. Banks might try to pretend otherwise, but we all know this is so. So it’s a relief that there’s no chance of the registered lenders on this platform turning into bankers by default. Money&Co. brings lenders seeking good return on capital together […]
There’s a lot to say about the volatile cryptocurrency market. Our friends at Orca Money, a P2P commentator and analyst, share our curiosity. They profess themselves “fascinated by the dramatic rise of cryptocurrencies in the past year. It’s taken Nutmeg, the UK’s leading robo-adviser 5 years and substantial marketing spend to reach 50,000 users. At […]
Cryptocurrencies, with Bitcoin to the fore, are inescapable these days. As we reported yesterday, many of our colleagues in the peer-to-peer (P2P) alternative lending market are beginning to offer credit using their own tokens via an initial coin offering (ICO). We think it’s an interesting idea, but we do have some concerns. The markets in […]
Cryptocurrency is very much in vogue at the moment. It’s becoming the token of choice for creating liquidity on some platforms. As things stand, cryptocurrencies are all translated back into “fiat” or mainstream currencies such as the dollar or pound. This is very much an area to watch. We can however reveal that neither of […]
Our friends at P2P Finance News run a piece arguing that the peer-to-peer lending sector of alterative finance is ready for consolidation next year. We agree, and see, apart from the reasons set out below, a major expansion in the sector as savers and investors transfer their Cash Individual Savings Accounts (ISAs) into Innovative Finance […]
Peer-to-peer (P2P) lending is about bringing individuals seeking a good return on capital together with businesses seeking funds to grow. The average gross return achieved by lenders is 8.6 per cent (7.6 per cent net). This compares with 1.3 per cent, which is the best return currently available on cash deposit with a bank or […]
The Christmas rush is about to descend upon us, and we shall shortly be offering lenders a new offering to unwrap. The current offering is an A-rated, three-year loan with a fixed gross yield of 8 per cent. Meanwhile, we reprise one of the best pieces of coverage of the recent report from the Cambridge […]
The savings market has remained stubbornly impervious to the recent rise in base rates, but there are signs that the banking credit market is proving slightly more sensitive. The loser in all this? You guessed it – the consumer. Here’s what we wrote in a recent blog about intractable savings rates in the immediate aftermath […]