The markets greeted David Cameron’s unexpected victory in the General Election with great enthusiasm. The prospect of an SNP/Labour coalition, which would have been likely if England hadn’t turned blue, was an appalling thought for the City. Now we are faced with another dose of austerity and George Osborne will do well to meet the […]
Peer-to-peer (P2P) or marketplace lender – or boutique bank? This is more than an issue of names. It’s all about who provides the capital that borrowing businesses need to grow. If the lenders lending via platforms like Money&co.’s are exclusively big institutions, then P2P seems a strange name (even though an insurance company is a […]
Excitement is mounting at Money&Co. headquarters as the latest loan offering nears deadline and the cash floods in. Check out the Globavista offering on site. It is getting close to the stage where, as and when the target is hit, the credit gets cheaper for the borrower. We thought this imminent closing provided an opportunity […]
Scaremongering or far-sighted commentary? In the latest Money Matters blog, we take a look at the reporting of what’s going on in the US peer-to-peer (P2P) crowdfunding sub-sector. In addition, we believe “there’s a lot to be written about the similarities and differences between the older (yet in many ways less mature) US P2P crowdfunding […]
If a thing is worth saying once… well, it’s probably worth saying again. The Bloomberg media empire has run two stories in a fortnight on the peer-to-peer (P2P) sub-sector of crowdfunding in the United States. It’s not so much commenting on the business of US P2P crowdfunding as its valuation, and specifically the machinations of […]
Our misson at Money&Co. is to bring people together with businesses. The idea is to provide borrowing businesses with the capital they need to grow, and to obtain an excellent return for our lenders. The average return for Money&Co. lenders so far is 8.8 per cent. Our vetting process for borrowers is conservative: we require […]
Leading financial media organisation, City A.M., crowdfunding data benchmarker, CrowdneticUK, and alternative finance intelligence platform, Another Crowd, are pleased to announce the line-up for a ground-breaking conference on crowdfunding to be held at London’s Royal Automobile Club on 28 May. The conference (you can book here – with a £40 CityAM reader discount) will feature Money&Co.’s […]
Troubling news for our cousins in the rewards-based sub-sector of crowdfunding. The Financial Times reports that “the European Commission is seeking to impose value added tax on rewards from crowdfunding – prompting warnings that the levy could prevent start-ups from using this accessible form of alternative finance. “Proposals to levy the purchase tax on crowdfunding […]
The business publication Business Quarter features a piece by North-East lawyer Richard Butts of Ward Hadaway. The article is clearly written, and offers a tour of the crowdfunding world, and the opportunities it represents for small businesses. Its primary focus is on bringing people and businesses together via peer-to-peer business lending – in other words, […]
Was last week’s surprise General Election result really all about the voters’ wallets? All we can say with any certainty is that the pollsters got it wrong, and the Conservatives have what looks to be a workable majority in government. As far as Money&Co. lenders and borrowers are concerned the new Conservative government looks to […]