We regularly cover the slowly increasing (and increasingly pleasing) awareness of alternative finance, which includes crowdfunding and our own sub-sector of crowdfunding, peer-to-peer (P2P) business lending. P2P is set to come to prominence this year as the Innovative Finance Individual Savings Account (IFISA) comes into the savings market with a vengeance. We have expressed our […]
We are enthusiastic about equity funding – be it from private-equity firms, or from our cousins on the equity side of the crowdfunding fence. That’s partly because it’s not competitive with what we do. Buying a stake in a young or even a start-up company is a very different type of investment from lending to […]
Heads of a number of peer-to-peer lending platforms have hit back at scathing comments made against the industry by a former regulator, writes Catherine Denham in FT Adviser. We believe Ms Denham reprises comments made at a recent P2PFA breakfast. Money&Co. has contacted the producers of the BBC Radio 4 Today programme, to register our […]
The prospects for the Innovative Finance ISA (IFISA), set to launch in April, look good. Soon, investors and lenders will be able to hold £15,240 in peer-to-peer (P2P) loans and enjoy the income tax-free. City AM cites research that predicts a take-up of some 400,000. But not everything in the IFISA garden is rosy. The […]
Here is the second instalment of a two-part blog from Steve Lawrence, a Money&Co. lender. Steve is an English architect and co-founder of a small London property company, which, post-credit crunch, is metamorphosing into a football data analytics and spatial development consultancy with clients including AFC Ajax, Amsterdam and Cruyff Football, Barcelona. Following his Twitter […]
Our friends at leading media outlet, AltFi, look at the sustained growth in the peer-to-peer (P2P) sub-sector of crowdfunding. They break P2P down into consumer, business and property-backed streams. They are all showing healthy growth – but P2P business lending (which is what we do at Money&Co.) and property-backed lending lead the way in a […]
Today we’re delighted to publish the first part of a two-part blog from a Money&Co. lender. Steve Lawrence is an English architect and co-founder of a small London property company, which, post-credit crunch, is metamorphosing into a football data analytics and spatial development consultancy with clients including AFC Ajax, Amsterdam and Cruyff Football, Barcelona. Following […]
Lord Turner’s remarks about the credit-analysis process in peer-to-peer (P2P) lending – which is what we do – on BBC Radio yesterday are getting plenty of feedback. Very little of it is positive. The excerpt below is from an article by Emma Dunkley in the Financial Times: “P2P industry hits back at Lord Turner’s warning […]
Business Insider is one of the first to report on interviews given by Lord Turner (ex-FSA, as was, chairman) to the BBC. We didn’t hear the Radio 5 interview cited below (although it may have been recycled from the interview on Radio 4’s Today programme, which we did hear) this morning. See the 6.45 interview […]
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 […]