The coming week promises great things – notably the launch of Money&Co.’s Innovative Finance Individual Savings Account (IFISA). We’re launching late in the tax year – but not as late as some. Ahead of the announcement, here’s an excerpt from a scene-setter from our friends at the Financial Times. “Peer-to-peer lending was always meant to […]
Today we revisit a news piece from our friends at Orca, a news aggregation site focused on crowdfunding and alternative finance. Given the imminent launch of our Innovative Finance Individual Savings Account (IFISA), the site’s interview with Money&Co.’s CEO, Nicola Horlick, is worth a second look. Orca spoke to Nicola late last year. Little has […]
Our friends at Growth Business UK remark on the state of the alternative financial industry’s challenge to mainstream banking. “Banks no longer hold a monopoly on finance, with new products such as crowdfunding and tax-efficient investment schemes allowing businesses to access vital growth capital without the added burden of time-consuming regulatory red tape. For Britain’s […]
BQ runs a sponsored piece from a specialist lender, which we thought we’d bring to your attention. Alternative funding sources for business, be it via the Alternative Business Funding hub, or via the British Business Bank, is a subject close to our hearts here at Money&Co. See this story on the ABF hub, and this […]
The latest A+ property-backed loan offering from webuyanyhome.com closed this week. It did so amid a flurry of bids. The borrower, naturally, accepted the cheaper offers of credit, which knocked out many of the more highly priced offers made at the beginning of the process. In the early stages of the auction, the gross indicative […]
The advent of the new Innovative Finance Individual Savings Account (IFISA) is bringing the peer-to-peer (P2P) lending sector a considerable amount of media attention with, it seems, lots of investors’ money to follow. We’ll be rolling out our own IFISA soon. But it’s not as simple as just launching a new product. The IFISA and the […]
The Innovative Finance ISA launched just under a year ago, but most lending platforms are still unable to offer it as they require full FCA approval in order to do so. As the larger lending platforms receive their FCA approval, investors will begin to hear more about this interesting option in the ISA market. Investors […]
We’re very busy behind the scenes here, looking to launch a property-backed Innovative Finance Individual Savings Account (IFISA). Regular visitors to our site will be aware of this, and the anticipated influx of cash that IFISA launches will precipitate. Meanwhile, the really big beasts in crowdfunded peer-to-peer (P2P) lending are vying for the title of […]
Our friends at AltFi carry an opinion piece from an industry player claiming that Cash Individual Savings Accounts (ISAs) should be retired. We’re not quite sure we’d go that far, but the points raised are interesting to us. Not least as we are looking at preparing an IFISA (see below) with property backing and a […]
Following the grant of full Financial Conduct Authority approval, we’ve been pretty busy prepping the detail of our soon-to-be launched Innovative Finance Individual Savings Account (IFISA). A recent report by BT Finance asks where the long-promised IFISAs actually are. It seems as though Money&Co. will be one of the first in the market. “We spoke […]