Peer-to-peer (P2P) lending can be a lucrative activity. The average yield achieved by our registered lenders over more than five years of loan facilitation on this platform is more than 8 per cent, before we deduct our one per cent charge. That return has handsomely outperformed retail price inflation, which has averaged around two per […]
We continue our theme of lending in difficult times with a warning shot from a couple of key players in the FinTech sector. There could be an upside to Brexit, but it may, as one of its prominent supporters said, be fifty years before we see the benefit of it. Below, we run an excerpt […]
The banks are going to cut back on lending amid Brexit-generated uncertainty. At least, that’s a widely held and loudly ventilated belief coming from some players in the peer-to-peer (P2P0 lending sector. Of course, those P2P players may be talking their own books – seeking to create a vacuum they hope to fill. However, it […]
We’re always happy to bring good news about our industry. Here’s some from a US perspective, via Tech Bullion: “Fintech Week 2016 ranked the UK first amongst the world’s leading Fintech hubs. Last year, professional services firm EY listed the UK as the most fintech-friendly country, with the industry employing over 61,000 people and generating […]
How will peer-to-peer (P2P) lenders fare when interest rates fluctuate? That question is frequently posed in the mainstream media, which is beginning to show increased awareness and understanding of the P2P lending sector – one of the fastest-expanding sub-sectors of alternative finance. The Bank of England’s lowering of base rates earlier this year has so […]
Our friends at Crowdfundinsider report on a recently published study, commissioned by the UK Peer to Peer Finance Association (P2PFA). The research looks at the economics of the peer-to-peer (P2P) lending market in the UK. “The independent assessment, provided by the economic consulting firm of Oxera, analysed the risks, costs and benefits of peer-to-peer lending and […]
Tech UK reports the outcome of a seminar on alternative funding sources for small and medium-sized businesses, post-Brexit. Regular readers will be aware that this is a topic close to our hearts here at Money&Co. “With negotiations underway to extricate the UK from the European Union, techUK’s Financial Services & Payments Programme convened to explore what Brexit […]
Ahead of the latest offering due on site, it’s a good time to reprise some of the issues potential lenders should look at before committing capital. Here’s an excerpt from our long list of things to look at (NB this is commentary – not advice): Examine the borrowers’ proposals in detail. We use our […]
Lending amongst crowdfunding’s biggest (peer-to-peer) P2P operators fell in the second quarter. There’s one clear reason why: it is, paradoxically, uncertainty. Uncertainty is one way of describing the UK’s economic and financial climate, post-Brexit vote. Our friends at Bridging & Commercial report events this way: “A £57m drop in new peer-to-peer lending between Q1 and […]
Money&Co.’s latest loan offering closes tomorrow at 17:00. This A-rated, three-year loan of over £121,000 is being sought by an independent adviser looking to use the funds to expand. At the time of writing the offering has a current average gross yield of 8.5 per cent. How auctions work The offer is 100 per cent […]