Goncalo de Vasconcelos, founder of the equity platform, SyndicateRoom, is very much a friend of Money&Co. He spoke eleoquently at the Money&Co.-sponsored conference, Discovering The Power of the Crowd, in May (see him here in debate with the excellent Chris Siers). Goncalo has always been up front about the fact that there is no profit […]
David Prosser in Forbes is the latest to report the good news for borrowers, lenders and (unarguably, after the July Budget) savers. “Britain’s peer-to-peer lending sector has just enjoyed yet another record quarter, lending more than £500m to consumers and businesses for the first time in its history. In total, the eight largest platforms in […]
Today, we contemplate the closing of the latest loan auction tonight, and allow ourselves a moment of congratulation. Congratulations to our lenders, who are currently achieving a gross rate of return of just over 9 per cent. Congratulations also to our borrower, Real Engineering (Yorkshire) Ltd (pictured)., which is getting funds for growth. As this […]
With the rapid growth of the peer-to-peer (P2P) business lending industry, it is interesting to read the opinion of market journalists on the different sectors within P2P business lending that are developing. In a recent article in Forbes, David Prosser provides a balanced view on Money&Co.’s history and the niche that it inhabits in the P2P […]