There’s gold in them there hills – just not for bank deposit account customers Would it make any difference if bankers were made to swear an oath when they entered the profession like doctors? ResPublica, an independent, non-partisan think tank, thinks it would. In a paper published this week, the authors argue that virtue needs […]
Either a borrower or a lender be – a new financial infrastructure is in the making The Financial Times (subscription required) continues to discuss the news we reported yesterday that peer-to-peer (P2P) lending is set to hit the £1bilion mark. In the first six months of 2014, new peer-to-peer lending to businesses (which we prefer […]
There’s growth in the UK economy – but no thanks to the banks Crowdfunding industry body, the Peer 2 Peer Finance Association (P2PFA) has released figures that show the robust health of crowdfunding as an alternative source of finance for business. The P2PFA figures show that “peer-to-peer lenders lent over £500 million of new money […]
Crowdfundinsider, a leading crowdfund intelligence platform, interviewed Money&Co. CEO Nicola Horlick recently. The result was a wide-ranging feature about Nicola’s business interests in the crowdfunding sector. Here Nicola speaks about Money&Co. Her views on the impact of EU regulation on business funding for small and medium-sized companies are particularly trenchant: “Crowdfunding is the future […]
Toby Furnivall, a senior credit analyst, opines – and Nicola wonders who the photographer is! This week saw the first of a series of breakfasts hosted by Money&Co. for lenders and potential lenders. Held in our Mayfair offices, Nicola Horlick and the Money&Co. team were able to meet the force that makes the crowdfunding business […]
Drop by drop, alternative finance is set to take a bigger market share of SME loans Money&Co. CEO Nicola Horlick issues a rallying cry to the alternative finance sector in her latest blog. Money&Co. facilitated the first crowdfunded non-property-backed loan of £1 million in the UK in its first weeks of trading, but the Money&Co. […]
Nicola speaking at a drinks reception for investors in Glentham Capital It’s always interesting to compare the UK to other markets, especially America. It gives us a better idea of how we’re doing now, and, often, where we might go next. The United States is the land of the free, a land where anyone can […]
Lush and plush, Business First will reach an elite readership Congratulations to the brand-new Business First magazine. Its launch issue features an exclusive interview with Sir Martin Sorrel and an extensive, exclusive feature on crowdfunding, penned by Money&Co. chief executive, Nicola Horlick. Here are some highlights from Nicola’s article: “What we’re doing is addressing a […]
Banking competition inquiry is coming The debate continues, following the recent announcement by the Competition and Markets Authority (CMA) to recommend a full competition inquiry into banks. The CMA undertook its preliminary report in collaboration with the Financial Conduct Authority (FCA). The two agencies said the barriers to entry and expansion for newer and smaller […]
CMA is set to inquire into banks’ SME services The lack of lending to small and medium-sized businesses (SMEs) is partly a problem of the SMEs’ own making, says The Independent. Reporting on the Competition and Markets’ Authority’s decision to refer the banking sector for a full competition enquiry, the newspaper accuses SMEs of being […]