It’s a long-running story. The latest development in the general theme of peer-to-peer (P2P) lenders joining the mainstream of financial services comes courtesy of LendInvest. SKY News reports that “the online property finance hub Lendinvest is plotting a £500m stock market flotation that will provide a fresh test of investors’ faith in a fast-growing but […]
Our friends at AltFi report on moves at Funding Circle, after a “third significant fall” in the share price of the UK’s biggest peer-to-peer (p2P) lender since its recent IPO. We have nothing to add to our comments on the IPO made before the offering became public. “Peer-to-peer lender Funding Circle has announced the appointment of Goldman […]
If the jury has decided to book itself onto a coach trip, is it still out? We recommended suspension of judgment on the pricing of Funding Circle’s shares before it hit the public markets a month ago. The shares are now trading around 370p, after a 440 float a month ago. Analysts certainly seemed to […]
Today, we highlight an insightful piece on the investor excitement – perhaps dangerous excitement – surrounding the FinTech industry. Money&Co. operates in the peer-to-peer (P2P) lending sub-sector of FinTech, the same sector as its much bigger cousin, Funding Circle, which is soon to float its shares on the stock market by way of an initial […]
Exciting times in the world of financial technology (FinTech). Our private executive news briefing, which powers the later-arriving, publicly available offering from the FinTech intelligence platform, Another Crowd, is full of exciting tales of planned stock-market flotations and other deals. We run with one of those stories today, published by our friends at P2P Finance […]
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 […]
We’re pleased to report that a new loan offering will very soon be going up on site. Money&Co. lenders have been understandably eager for new loans. Some have been disappointed that the flow of offers hasn’t been faster. But that is because we take no prisoners in our credit-analysis process. At Money&Co., we pride ourselves […]
The new year begins with signs of the convergence of old and new in finance. The first crowdfunded real-estate venture has floated successfully on AIM, the UK’s secondary equity market. Real-estate backed crowdfunders are our distant cousins. At Money&Co. we bring people together with business. Individuals can get excellent returns on their capital, and borrowing […]
All eyes in crowdfunding, and especially in our own P2P business lending sub-sector of crowdfunding, are set firmly to the west today. Shares in Lending Club, the biggest player in the US P2P business lending market, were floated on the stock market yesterday. As CityAM reports, “its valuation soared to more than $8 billion as […]
This Money Matters blog is a personal view from Money&Co.’s head of content and communications, Martin Baker. Martin’s views do not necessarily represent the views of Money&Co. Lending Club is a US-based peer-to-peer (P2P) lender. It acts as a conduit for the passage of money from individuals and institutions to businesses. Some call that […]