The starting bell for the new tax year has hardly sounded, and the comparison sites are getting to grips with the crowdfunders offering peer-to-peer (P2P) loans in Innovative Finance Individual Savings Accounts (Innovative Finance ISAs, or IFISAs). Some of the comparison sites have Money&Co. incorrectly described as offering only business loans. Well, we all make […]
We’re settling in to the new tax year, with its enhanced Individual Savings Account (ISA) allowance (see below), and enjoying what looks like the start of a new era. “It’s fair to say we’ve seen a step change in the demand for peer-to-peer (P2P) lending,” says Money&Co.’s CEO, Nicola Horlick. “The figures aren’t announced yet, […]
There’s just a week to go to the deadline for those looking to use their full £15,240 allowance of tax-free investment under the auspices of the Innovative Finance Individual Savings Account (IFISA). Our friends at Moneywise, however, ask whether, given the low number of authorisations from the FCA, the IFISA is “a damp squib”. […]
The team is back from a lunchtime symposium on Innovative Finance ISAs (IFISAs) and all things financial at Verulam Golf Club in St Albans. Money&Co. CEO, Nicola Horlick, led a wide-ranging discussion during which the bid levels on our latest IFISA-ready loan offering – A-rated, with a fixed 8 per cent yield, ticked up steadily. […]
Money&Co. is hitting the road. We’re hosting a sandwich lunch in St Albans tomorrow to raise awareness of the Innovative Finance Individual Savings Account (IFISA – up to £15,240 this tax year – and investment income is tax-free). St Albans, specifically Verulam Golf Club, is the first port of call. Other venues include Birmingham and Manchester. Money&Co. CEO […]
Congratulations to our friends at AltFi for one of the most thoughtful and perceptive pieces we’ve seen on the fast-growing peer-to-peer (P2P) lending sector. As a player in this sub-sector of the crowdfunding space, Money&Co. welcomes well-informed analysis and comment of the kind just published by AltFi co-founder, Rupert Taylor. Mr Taylor starts with the […]
The alternative finance industry still retains its status as a well-kept secret. Some commentators in the mainstream media choose to describe peer-to-peer (P2P) lending in reductive and negative terms. Below, Money&Co. CEO, Nicola Horlick, writes about the strengths of P2P as an asset class – especially when the borrower is a carefully vetted small business […]
We’re pleased to report strong interest in the new Innovative Finance Individual Savings Account (IFISA), following the award of full permissions by the financial services industry regulator, The Financial Conduct Authority. IFISAs typically contain peer-to-peer (P2P) loans of the kind offered on Money&Co.’s site. ~But these are early days for P2P crowdfunding. Our friends at […]
Between now and the start of the new tax year on 6th April, a lot of money will go into Individual Savings Accounts (ISAs) and the Innovative Finance ISAs (IFISAs) that are allowed to hold the peer-to-peer (P2P) business loans facilitated on Money&Co.’s crowdfunding platform. You can start the application process by clicking here. Below […]
Let’s hope we’re not heading for a financial car crash. But it’s always prudent to plan for one… As the Hungarians say, an optimist is merely a badly informed pessimist. So it’s with great interest that we note that our friends at P2P Finance News report research from 4thWay indicating that IFISA investors will do […]