Yesterday, we carried grim news for savers with money in bank deposit accounts. Today, a bad situation for income-dependent savers and investors just got worse. The BBC carries a report that the European Central Bank “is expected to announce it will inject up to 1 trillion euros into the ailing eurozone economy. “The ECB could […]
Yesterday saw another highly successful and stimulating breakfast debate at Money&Co.’s London offices, as would-be lenders discovered more about the exciting yields on offer for those wanting to lend to business borrowers. The debate ranged over credit analysis, borrower selection, payment methods, safeguards, and regulation. The average return for Money&Co. lenders, after yesterday’s successful close […]
There really can be too much of a good thing – even if the thing in question isn’t particularly good. Today, we look at a new, government-backed savings product, and examine its merits compared to the risks and rewards of investing in the crowdfunded peer-to-peer (P2P) business loans offered by Money&Co. The National Savings & […]
The week ahead starts today. Here’s a quick checklist of things you may want to consider over your Sunday-morning coffee and sticky buns, and in the days ahead. Getting An Excellent Return On Capital This is the last chance to lend to Yorkshire-based credit control company ARP. This loan has reached its funding target, but […]
We’re delighted to announce the completion of another loan on the Money&Co. platform. Benefiting from the second loan to complete this week, London-based S.M. Devine Contractors Ltd had a C+ credit rating. The loan produced a gross yield of over 14 per cent for Money&Co. lenders, and the borrower benefited from an efficient capital-raising process. […]
If you want the bigger picture, an idea of the prime mover behind the Money&Co. business, check out this interview with Money&Co. CEO, Nicola Horlick, on the London Live television station. Only at the end does the interview touch on the mechanics of Money&Co.’s peer-to-peer business lending (see Home and Lend pages for the latest […]
Happy New Year! The first quarter of each calendar year is usually the busiest for financial services businesses. The approach of the end of the tax year tends to focus investors’ minds on their investments and the returns that they have received over the previous year. One thing is for certain: no-one will have been […]
The Mail on Sunday highlights Money&Co. in a recent report on the peer-to-peer lending sector of crowdfunding. The newspaper recently interviewed our CEO, Nicola Horlick, and says that she “recently entered the fray with her own platform, Money&Co, offering lenders from 6 to 10 per cent depending on a borrowing company’s risk rating. Her platform […]
The Mail on Sunday takes a close look at the peer-to-peer (P2P) lending sector today. The reporter quizzed one of our lenders (student, Naomi, who features on site). We set out her findings below: “Typical P2P investors are in their 40s or older, but 19-year-old student Naomi Pyburn says it makes perfect sense for young […]
The rip-roaring start to 2015 just got even better. And we have to say – cliche notwithstanding – that we’re over the moon about it. Money&Co. has seen a surge of interest from lenders – and we’re delighted to say that we have some truly exciting borrowing companies to match the liquidity. The pipeline of […]