Well, we did say that loan offerings tended to come along like buses. You wait a while, and then suddenly there’s a glut of them… The latest offering on site, an A-rated three-year loan of over £121,000 to an independent financial adviser that is acquiring a competitor, is in effect the second instalment of the […]
Governance is crucial to the future of the P2P sector, says the commentary sector of iii.co.uk, a long-established dealing platform. “While the P2P industry has some growing pains, which need to be addressed, Turner’s sweeping statement fails to take into account the huge variety of providers and their diverse approaches to security and transparency and, […]
What we do is simple. We bring individual lenders seeking good returns on capital together with carefully vetted small companies looking for funds to expand. It’s known as peer-to-peer (P2P) business lending, and it’s becoming more and more popular. The industry is young (for example, we’re reasonably well established and yet we’ve been trading for […]
David Prosser, formerly of The Independent, blogs in Forbes on the Financial Current Authority’s (FCA) current review of peer-to-peer lending. David’s views are always worth listening to, and this article is no exception: “Does Britain’s booming crowdfunding industry really have a problem with investor protection? The unveiling by the Financial Conduct Authority (FCA) of a […]
Today, we run a guest piece from the crowdfunding intelligence platform, Another Crowd, on the future of crowdfunding platforms in our own peer-to-peer (P2P) business lending sector. What makes an alternative lending platform sustainable? Borrowers, lenders, liquidity and reputation all matter. Today we look at the suggestion that two survival strategies are to scale up […]
Our latest loan offering is nearly 100 per cent bid-for. When the quota is filled, the cheaper offers of credit will drive out the more expensive ones as the auction continues. Sound like algebra? We hope not. To help you understand what crowdfunding is all about, here’s an extract from our Knowledge Hub. Crowdfunding is […]
Our simple explanation of how to borrow and how to lend is mercifully free of re-hashed Shakespeare. Here’s the introduction to our guide to borrowing. Lenders looking for good returns on capital via our platform should visit the Lend page, or see News, where we will be dealing with this topic tomorrow. “Only after your […]
Here is our Knowledge Hub, revisited. Money&Co.’s lenders achieved an average gross yield of just over 8.8. per cent in the first year of trading. That figure is now over 9.1 per cent. See our Knowledge hub, where we offer rough guide to the value of capital if it is rolled back into a loan […]
We are pleased to announce the launch of a new loan offering. The borrower soliciting funds is an independent financial planning and advisory firm based in Cardiff with, in its own words, “a core focus on wealth planning and family businesses. The company’s focus on customer service and long-term financial planning as opposed to one-off […]
Ahead of the imminent launch of a new, major loan offering from a financial-services firm (due today or tomorrow), we offer an excerpt of a news story that underscores the way crowdfunding and mainstream financial services are intertwined. With our thanks to CityA.M. (you can see the full story by clicking this link): “A new […]