John Longworth, director general of the British Chambers of Commerce, laments the lack of funding available to SMEs on the This Is Money personal finance platform. He has a point: “All too often, we see our fastest growing, most dynamic companies – those with the potential to become global champions – reaching a plateau or […]
Crowdfundinsider, one of our favourite reads for peer-to-peer (P2P) and equity crowdfunding raises, offers a reprise of the history of crowdfunding. The Statue of Liberty, no less, was an early example of crowdfunding – with subscribers expressing their interest via the newspaper. Now, of course, the prime medium is online, and, as Crowdfundinsider puts it, […]
Liberum AltFi Returns Index Today’s news is an exercise in comparison and contrast in the retail savings space. When considering cash savings accounts and peer-to-peer (P2P) business loans (after this month’s Budget, and the advent of the Innovative Finance ISA, such comparisons are inevitable) the key criteria to examine are access, yield and security. At […]
David Prosser in Forbes is the latest to report the good news for borrowers, lenders and (unarguably, after the July Budget) savers. “Britain’s peer-to-peer lending sector has just enjoyed yet another record quarter, lending more than £500m to consumers and businesses for the first time in its history. In total, the eight largest platforms in […]
CityA.M. today looks at our sector of the crowdfunding market. Harriet Green sets the context: “Alternative finance grew by 168 per cent in the UK last year, according to a report by Cambridge’s Judge Business School. While the oft-vaunted equity crowdfunding saw volumes totalling £83m in 2014, debt-based lending, via crowdfunding and peer-to-peer (P2P) platforms, […]
There’s movement ahead as peer-to-peer (P2P) loans become accepted as mainstream assets capable of being held in an Indiovidual Savings Account (ISA) wth all the tax-benefits. Our friends at Citywire report: “HM Revenue & Customs (HMRC) has provided a boost to investment trusts focused on peer-to-peer lending by allowing savers to hold them in their […]