We’ve shamelessly grabbed today’s headline straight from The Wall Street Journal (WSJ). What we’re noticing from our marketplace lending (otherwise known as peer-to-peer [P2P] business lending) perspective is the mainstream media repeatedly stumbling over the fact that crowdfunded P2P loans are an increasingly important source of finance for business. We offer the tail end of […]
Ahead of a large new loan coming to the Money&Co. site this week, we thought that we’d focus on the risks of peer-to-peer (P2P) business lending (also known as marketplace lending). Our philosophy is all about bringing people and businesses together, to provide potentially excellent returns for lenders, and to facilitate capital that quality companies […]
Symbid, a crowdfunding and analysis platform based in Holland, is set to revamp its take on crowdfunding. The platform originally focused on helping entrepreneurs find equity investors for their start-ups. But it seems the editorial remit is changing, to include more than just equity, but also debt funding. “When it comes to funding, one size […]
International news agency Reuters reports on the fast growth and increasing awareness of peer-to-peer (P2P) business lending. The article examines the likelihood of P2P loans being included in NISA savings plans, and cites Money&Co.’s CEO, Nicola Horlick, who emphasizes the importance of working closely with regulators in this burgeoning young market. “Britain’s peer-to-peer lenders provided 1.24 […]
It seems that everyone wants to join our sector of crowdfunding. Two of the world’s leading investment banks are looking at a move into the fast expanding peer-to-peer (P2P) lending sector, also known as marketplace lending, and the space inhabited by Money&Co. Societe Generale and Goldman Sachs, prominent financial institutions both, are racing to embrace […]
The Financial Times (subscription required) reports that the Green Party believes that the “the existing banking system has failed and is no longer fit for purpose”. It would retain the UK government stake in Royal Bank of Scotland and Lloyds Banking Group, which were part-nationalised during the financial crisis, and use them to create a […]
Where next for marketplace lending – or peer-to-peer (P2P) business lending? Trade media outlet crowdfundinsider reports on an impending regulatory clampdown, as covered on this site yesterday. “The peer-to-peer lending industry has widely benefited from a regulatory approach that has been deemed quite progressive. Lending firms must register and be approved by the FCA but […]
Our mantra for savers is simple: security, access, yield. Today we take an in-depth look at one element of this troika. First, let’s deal with the easy bits. If hard-pressed savers and deposit accountholders are looking for a good return on their capital, the yield issue is easily settled. Banks are slashing their deposit rates […]
The onward march of crowdfunding continues. At Money&Co. we are pleased – and not a little surprised – to see crowdfunding highlighted in New Scientist magazine. The magazine’s recent headline, reproduced above, is already earmarked as one of 2015’s stand-out pieces of reporting on our sector. “The rise of a new kind of crowdfunding website […]
Yesterday, we carried grim news for savers with money in bank deposit accounts. Today, a bad situation for income-dependent savers and investors just got worse. The BBC carries a report that the European Central Bank “is expected to announce it will inject up to 1 trillion euros into the ailing eurozone economy. “The ECB could […]