Today, we highlight an insightful piece on the investor excitement – perhaps dangerous excitement – surrounding the FinTech industry. Money&Co. operates in the peer-to-peer (P2P) lending sub-sector of FinTech, the same sector as its much bigger cousin, Funding Circle, which is soon to float its shares on the stock market by way of an initial […]
The long-expected stock-market flotation of Funding Circle is finally getting underway. Here’s how our friends at P2P Finance news report the news. FUNDING Circle is readying to hire advisers to prepare for a £1bn-plus float later this year. The peer-to-peer business lender has reportedly told investment banks that it will hold a beauty parade before […]
Our friends (and friendly competitors) at Funding Circle have made an interesting move. Instead of inviting lenders to bid to lend money to borrowers, our fellow peer-to-peer business lenders have decided to fix the yield of a loan themselves. So the marketplace moves from an auction to becoming a shop – no haggle, no gaming, […]