At Money&Co., we’re very young players in a crowdfunding industry that isn’t exactly a veteran itself. We’ve been operating for under two years as a business, and actively facilitating loans for fourteen months. The business of putting our lenders together with businesses that need capital for growth is very satisfying. Our latest loans have several […]
We live in a fast-expanding financial universe. At Money&Co. we bring people (the crowd) together with business. We facilitate loans so that our lenders can get an excellent return on their money – in our first year of active loan facilitation, our lenders have attained an average of more than 8.8 per cent gross yield […]
Nicola Horlick, Money&Co.’s CEO, will make a keynote speech at the lunchtime session of a high-powered crowdfunding conference in London on 28th May. Organised by the leading financial media group, City A.M., in conjunction with crowdfunding intelligence platform, Another Crowd, and pioneering data benchmark company, CrowdneticUK, the all-day conference will deal with the latest developments […]
Money&Co. has had an excellent 2015 so far, with around £2 million in loans facilitated from six successfully completed loan auctions. The last of the completed auctions closed this week. Olsen Doors & Windows raised £250,000 for its B-rated loan at a gross rate of 10.4 per cent. Two loans are currently open on site, […]
What a difference a day makes. The successful close of the Olsen Doors & Windows £250,000 loan yesterday fell from 11.4 per cent when the bid target was reached, dropping overnight to 11 per cent. The cost of the B-rated credit stream fell steadily during the day leading up to last night’s close. The Money&Co. […]
David Prosser, regular blogger and columnist in The Independent and Forbes (where recently he profiled Money&Co.’s CEO, Nicola Horlick, after attending a lenders’ breakfast at Bruton Place) writes with his customary vigour and accuracy about UK crowdfunding and its increasingly mainstream status. The piece, in today’s Independent, is especially good – without delving into detail […]
The crowdfunding word spreads faster and faster. Leading financial media organisation, City AM, is teaming up with the crowdfunding intelligence platform, Another Crowd, to launch an all-day seminar on 28th May at the RAC in London. Martin Baker, head of communications at Money&Co., and editorial director of Another Crowd, will be co-hosting the event with […]
The run-up to the summer break is always a busy time – and never more so than this year. Tomorrow, we have drinks at our Bruton Place offices. Lenders and borrowers can mingle with investors, as members of the Money&Co. team and some of the users of our services talk about their experiences. It’s now […]
The role played by the Enterprise Investment Scheme (EIS) in funding small businesses appears to be greater than ever, with official figures from HMRC, otherwise known as the taxman, revealing that investment through the scheme soared to £1.4 billion last year, writes enterprise-ip.com. For the full story, click here. We like to think we’re […]
Yesterday we wrote about the debate surrounding peer-to-peer (P2P) loans as an asset class. We’re a young industry, producing new things – although really, we’re just like an old-fashioned credit union with a fancy 21st-Century internet platform instead of a big leather-bound ledger. The UK’s chief regulator, the Financial Conduct Authority (FCA) is considering how […]