It’s a cliche, but, like many cliches, is contains truth: there’s no profit without risk. Two recent stores from the equity side of the crowdfunding fence illustrate the point well. Our friends at CityA.M. report on an equity return report – a reprise of investment performance – released by Seedrs during the week: “The platform […]
Today we focus on the lending side of the crowdfunding equation. At Money&Co., we bring together lenders looking for a good return on capital together with careful vetted borrowing businesses seeking funds to expand. Lenders who have funded the small and medium-sized enterprises (SMEs) seeking credit on the Money&Co. platform, which has facilitated loans of […]
Our latest loan offering is an A-rated loan of over £455,000. The borrower is an independent adviser looking to use the funds to expand. The loan auction closes in 15 days’ time. The offering has attracted bids of over £36,000 today, at the time of writing, and is 56 per cent funded. The way the […]
We offer a reprise of a recent BBC report: “New lenders may struggle to prise customers from traditional banks even though their borrowing and lending rates can often be much better, research from the BBC suggests. “Borrowing money from a peer-to-peer lender or changing currency with an online firm can be cheaper. But the lure […]
The Financial Times offers food for thought today. It reports on a large failure, following an equity raise on Crowdcube. “A claims management group that targeted investors who had been mis-sold financial products has gone into administration, in the biggest failure to date of a UK crowdfunded company. “Rebus Group raised £816,790 via crowdfunding platform Crowdcube last […]
FT Alphaville carries an interesting blog that delves into the complexities that can lurk beneath the surface of making a loan to a small business. It affords an opportunity to explain what peer-to-peer lending with Money&Co. is all about. First, we offer an extended excerpt from the thought-provoking Alphaville piece. “Here’s a fairly simple problem to […]
Liberum AltFi Returns Index Today’s news is an exercise in comparison and contrast in the retail savings space. When considering cash savings accounts and peer-to-peer (P2P) business loans (after this month’s Budget, and the advent of the Innovative Finance ISA, such comparisons are inevitable) the key criteria to examine are access, yield and security. At […]
The rise and rise of crowdfunding in general, and the peer-to-peer (P2P) business-lending sector in particular, continues. New figures from AltFi Data show that UK P2P lenders’ cumulative business now stands at more than £4 billion. Britain is way ahead of the rest of Europe, which together amounts to just over £1 billion. “As we often […]