This year in alternative finance is set to see the sustained dash for growth we’ve long predicted here in our News pages. One way platform lending operations like Money&Co. might do this is to seek a banking licence (but the process is long and demanding). Another way is to collaborate (thought this can be fraught […]
German news resource Research and Markets has published a research report that predicts “the global P2P lending market to grow at [an annual rate] of 53.06% during the period 2016-2020. “The report covers the present scenario and the growth prospects of the global P2P lending market for 2016-2020. To calculate the market size, the analyst […]
The Bank of England has published its Statistical Release for Money and Credit for December 2015. During the month, loans to non-financial businesses decreased by £3.7 billion compared to an average monthly decrease of £0.3 billion over the previous six month period. As a result of the sharp decline in December, the twelve-month growth rate […]
It has been a good year, with even brighter prospects ahead, according to Money&Co. CEO, Nicola Horlick. “Our sector of crowdfunding – which is all about bringing people and businesses together – is gaining in popularity and acceptance. That trend will continue in 2016 as individual lenders, with more and more backing from institutions, find […]
The latest US employment data has just been published. It shows that 215,000 new jobs were created during July, which fell short of the consensus forecast of 223,000. Despite the shortfall, economists believe that US interest rates are likely to rise for the first time since 2006 when the Federal Reserve meets in September. One […]
The going’s been tough, but now, at last, the tough get growing… Today’s Gross Domestic Product (GDP) figures for the second quarter of 2015 have brought some happier news. There was some concern when the economy only delivered 0.4 per cent growth in the first quarter and this was partly attributed to the impending election. The […]