With several new loans in the pipeline, our popular managed portfolio service is likely to become more prominent. Here’s a brief reminder of its attractions. Clients of the Money&Co Portfolio Service have access to loans with a typical fixed return of 7%, without the need to manage a portfolio of loans. You will receive a […]
As we write today’s News story, the latest, B+ rated five-year loan is drawing to a close. The price of the credit offered is falling, as registered lenders compete for a piece of the action. Several new loans are due on site shortly – so we thought it might be helpful for casual visitors to […]
As our latest loan offerings wait for the final green light – our credit committee promises the first of several new offerings tomorrow – we thought we’d reprise where we are in what promises to be a very exciting investment season (the current A-rated, 8 per cent, fixed-rate offer is going fast, by the way. […]
The successful completion, yesterday, of the latest £300,00 A-rated loan offering on site, offers an opportunity for reflection on where we are as a company and as industry players, ahead of the imminent launch of new offerings. We’ll be announcing the new loans on site, and emailing our registered lenders. We’ve found an interesting and […]
As promised yesterday, here is the remainder of the coverage of the FCA response to MP Andrew Tyrie’s queries regarding peer-to-peer (P2P) lending. The FCA has its own concerns about consumer understanding of risk. There is some evidence that FCA and Tyrie are right to be concerned —37% of UK consumers who are aware of P2P […]
Sometimes it’s good to revisit the simple verities of what we do as crowdfunders. Below, we reprise some of the materials to be found on our Knowledge Hub. We start off by answering the question of what crowdfunding is. “Crowdfunding is a general term for the process of raising money. Back in the early days […]
As our latest loan offering moves to close, we offer some tips – things lenders would do well to consider. This is not advice, merely commentary, and a counsel of caution. While we are passionate about bringing individuals looking to lend for a good return together with carefully vetted businesses seeking funds to expand, it’s very […]
Today, we offer a tale from crowdfunding intelligence platform, Another Crowd, with which Money&Co., has a close association, including the co-sponsorship of two alternative finance conferences (with another one coming up in November). “The results are in from the first survey of UK startup’s attitudes to Brexit. We could cherry-pick some statistics and tell you […]
Well, we did say that loan offerings tended to come along like buses. You wait a while, and then suddenly there’s a glut of them… The latest offering on site, an A-rated three-year loan of over £121,000 to an independent financial adviser that is acquiring a competitor, is in effect the second instalment of the […]
Governance is crucial to the future of the P2P sector, says the commentary sector of iii.co.uk, a long-established dealing platform. “While the P2P industry has some growing pains, which need to be addressed, Turner’s sweeping statement fails to take into account the huge variety of providers and their diverse approaches to security and transparency and, […]