The long-expected stock-market flotation of Funding Circle is finally getting underway. Here’s how our friends at P2P Finance news report the news. FUNDING Circle is readying to hire advisers to prepare for a £1bn-plus float later this year. The peer-to-peer business lender has reportedly told investment banks that it will hold a beauty parade before […]
Question: When is saving not really saving? Answer: When it’s an investment. We have long been mindful of the need to highlight the difference between savings and investments. The differentiation of the two is something that the Financial Conduct Authority has stressed in various guidance notes. Our care to highlight the risks inherent in peer-to-peer […]
Our friends at P2P Finance News run a piece arguing that the peer-to-peer lending sector of alterative finance is ready for consolidation next year. We agree, and see, apart from the reasons set out below, a major expansion in the sector as savers and investors transfer their Cash Individual Savings Accounts (ISAs) into Innovative Finance […]
Small business bosses and individual lenders alike need to wake up, smell the coffee – and drink it. That’s the message coming from the Money&Co. headquarters, as more news breaks of a lack of awareness alternative sources of funding among small businesses. Alternative finance providers such as Money&Co. need to do their bit, of course, […]
THREE quarters of independent financial advisers (IFAs) would recommend peer-to-peer lending to their clients if there were greater client demand, or more independent due diligence tools at their disposal, according to a recent report from our friends at P2P Finance News. We’ll shortly be conducting our own survey and awareness-raising campaign. Meanwhile, see this page […]
Tomorrow and tomorrow and tomorrow… the next loan is set creep in (and apologies for the petty pace)…you guessed it – tomorrow! We’ll divulge full detail and offer commentary then. In the interim, our friends at P2P Finance News report welcome regulatory developments in our space. We run a short excerpt from the article here. […]
The savings market has remained stubbornly impervious to the recent rise in base rates, but there are signs that the banking credit market is proving slightly more sensitive. The loser in all this? You guessed it – the consumer. Here’s what we wrote in a recent blog about intractable savings rates in the immediate aftermath […]
As we publish this article, the Chancellor is delivering his Budget speech. Our friends at P2P Finance News report some of the hopes and wishes of market place business lenders, such as Money&Co. We run an excerpt below. PEER-TO-PEER lenders have outlined some of their hopes for Wednesday’s Budget, including calls to improve small- and […]
Word from the risk-analysis team is that several new loan offers are due on site soon. Meanwhile, the current A-rated, three-year, 8 per cent fixed-rate offer is still available. The borrowing small businesses will be getting funding to grow, while the lenders will get good return on capital (subject to risks – remember to read […]
Today’s income-hungry investors and savers are drastically short of options if they look to the mainstream market. Some £1.4 trillion is currently wasting away on cash deposit earning an average of less than 0.4 per cent, according to Building Society Association figures. Our friends at P2P Finance News bring us a report, excerpted below, that […]