By popular demand, we publish a tweaked news story, featuring an earlier Money&Co. blog. This isn’t re-hashing leftovers – merely giving timely content a proper showcase… If ever there were a time to remind ourselves of the importance of a conservative approach, now [9/10 May 2016] is the moment, we wrote. Over in the US, […]
Our friends at FinExtra are among many reporting on a consumer-research report published by equity platform, SyndicateRoom. This survey, of 3,100 people is called Bridging the Equity Divide, and SyndicateRoom concludes that the results show a strong appetite for wealth creation amongst UK investors. Some 53 per cent of respondents believe that equity investment would […]
The alternative finance sector is growing rapidly. The same goes for crowdfunding – one of the sector’s most important elements. We have reported that growth story many times in this News section. But rapid growth is one thing, genuine scale and mainstream understanding and acceptance quite another. Money&Co. operates in a sub-sector of crowdfunding known as […]
Crowdfunding works. The auction closing of the B+ rated loan offering from cafe operator, JFG Limited, which closed last night, clearly demonstrates a worthwhile outcome for borrower and lender. The offer received bids via the Money&Co. platform for 100 per cent of the £307,000 sought by the borrower a day and a half before close. […]
News reaches us via our friends at Crowdfundinsider of a new step in the implementation of Goldman Sachs’ previously announced plan to start a peer-to-peer (P2P) lending operation. The giant US investment bank’s move speaks to two recurring themes in P2P. Is P2P going mainstream? And how do we keep the crowd – ie, individuals, […]
Harriet Green in CityA.M. takes a look at the possible evolution of peer-to-peer (P2P) lending. Will P2P stay as the simple idea of bringing individuals seeking good returns on their loans together with small businesses seeking funds (which is our model)? Or will it evolve into a form of banking or fund management? Below we […]
Here’s some good news. There’s been much scaremongering about the fact that peer-to-peer (P2P) lending is not covered by the Financial Services Compensation Scheme (FSCS), which guarantees the return of the first £75,000 of an investment. Ryan Weeks at AltFi reports on a possible extension of the much-criticised FSCS to cover investment advice leading to a […]
UK banks and mainstream finance in general have been much criticised – and often rightly so – for failing to lend to small businesses. Standard criticisms include a lack of agility, laborious process, and an inability to innovate and assess a business risk on the merits presented by the borrower. The banks have certainly expressed […]
If funding for small companies had its own weather report, it would probably be something like: “Sunny, with occasional showers.” Although some media reports indicate that small businesses don’t seem to be aware of alternative funding sources, such as the loans facilitated between individuals and borrowing companies by Money&Co., others cite evidence that funding is […]
How will P2P lending fare in a downturn? Can the industry improve securitisation practices? Why did growth slow last year? Is China really the most exciting market? What will consolidation mean for the industry? These are just some of the questions posed by Harriet Green of CityAM, who writes an extended column on nine trends […]