Our friends at CityAM reports on a boom in our sector of crowdfunding: “Peer-to-peer finance firms lent more than £2.2bn last year as the sector doubled in size, according to new figures. “The number of lenders jumped 22 per cent to 128,000 while the number of borrowers surged 96 per cent to 273,000, industry body […]
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 […]
Congratulations to Syndicate Room, and founder Goncalo de Vasconcelos. Our friends on the equity side of the crowdfunding fence have done a deal to expand their business to the United States. Syndicate Room does equity raises, and we at Money&Co. do loans. Equity crowdfunding sees money committed to a stake in a young company (i.e., […]
The UK’s chief financial regulator, the Financial Conduct Authority (FCA), has just published a consultation paper on how peer-to-peer (P2P) lenders in the crowdfunding space should handle lenders’ money. We’re particularly interested in this, as Money&Co. is a P2P business lending crowdfunding platform with a commitment to bring individuals seeking a good return on capital […]
Today we carry a piece that will not bring regular readers new news. But we are pleased that our friends at Compliancy Services have written what they have written. The article is a sign of the times – ie, that alternative finance, including crowdfunding and the peer-to-peer (P2P) business lending (a sub-sector of crowdfunding) that we do […]
Adapt or face irrelevance… or extinction. Not our words, but those of the international media outlet, World Finance, quoting a report from accountants and consultants, EY. The report continues: “Many paradigms that governed investor behaviour have long since been discredited. Firms that fail to adjust will face severe challenges for continued profitability and growth. Whether relying upon […]
The new year holds much promise for lenders and small businesses borrowing through the medium of crowdfunding. We welcome this enlightened article in the Daily Telegraph, which focuses largely on our friends on the other side of the crowdfunding fence, in equity raises. “Whatever 2016 brings, one thing will remain true: the biggest challenge for […]
While the UK is easily the biggest and most dynamic market for crowdfunding in Europe, it is by no means the biggest market in the world. There’s little doubt that China can claim that prize. Today, we run a short extract from a Ryan Weeks’ article in AltFi. Ryan’s piece puts the UK scene in […]
The Economic Voice latches on to research into the prospects for the Innovative Finance Individual Savings Accounts and the likely take-up of P2P. “One in four investors aged over 55 will consider moving money onto peer-to-peer (P2P) lending platforms once the new innovative finance ISA launches in April,” writes The Economic Voice. It quotes research […]
Our very own peer-to-peer (P2P) sector of crowdfunding attracted easily the most money in £2 billion-plus worth of venture capital for SME and start-up raises in 2015, reports Bloomberg. “Growing peer-to-peer lending and online money transfer services helped raise a record $3.6 billion in venture capital funding for the U.K.’s technology sector last year, according […]