The end of the 2021-22 tax year and the deadline for Individual Savings Plans on Tuesday leaves us with just one open loan auction. Mar-Key has a credit rating of A+, a yield of 7 per cent and a term of two years. It is currently 41 per cent filled. You can see more detail […]
The peer-to-peer (P2P) lending section of the alternative-finance sector continues to evolve. Our strategy of niche lending here at Money&Co. is clear, as evidenced by this recent News report. Our friends at Altfi report the latest developments in the P2P sector: Lending Works, one of the oldest UK peer-to-peer lending platforms, is exiting the retail funding […]
And so it has come to pass. We’ve long kept a weather eye on the difficult journey of Lending Club, the leading direct lender in the US FinTech sector, since its flotation on the New York Stock Exchange in December 2014. We’ve reported several times in News and in our Blog section. Now, Lending Club […]
Many commentators, including ourselves, have predicted shake-out in the platform lending sector. Economies of scale, mergers, new lending streams and, in some cases, moves towards banking all look likely to us. Our friends at P2P Finance News report the latest from the platform lending sector. ThinCats has told its customers that it is shutting down […]
Regular readers will be aware of our timely updates on the troubled relationship between mainstream investment and the alternative finance sector. We’re not saying that all the early investments in the altfi sector were foolish, far from it. But it’s true to say that some of the institutional investors did seem to rush in at […]
The new business year has begun with the usual rash of predictions from pundits talking their own book. One of the less partial and more interesting comes from an opinion piece published in AltFi. The prediction of closer union between mainstream asset management and platform lending is well argued, and such a development will serve […]
We are going to offer a comprehensive review of lending in alternative finance over the next few days. This is the first of four instalments. Platforms like ours are relatively new kids on the block in the world of high-yield products. It’s so new the terminology hasn’t settled down. It’s known as platform lending, marketplace […]
Steady as she goes… The peer-to-peer (P2P) sub-sector of alternative finance has suffered some reverses recently. We offer an excerpt from the latest news report from our friends at AltFi, involving a UK fund investing in a troubled French venture, below. Our take on all this is simple: improperly managed risky ventures will fail (and […]
Broadly speaking, we think things are better out than in. If there’s a problem with a loan, it should be visible. Lenders need to be told if there’s a something wrong. Having facilitated more than £15 million in loans over almost five years, Money&Co. has seen lenders achieve average returns of more than 8 per […]
Our friends at P2PFN report some important but unsurprising news. The alternative finance sector, of which peer-to-peer (P2P) lending is an important part, is growing in importance and size. As it does so, awareness grows of companies such as Money&Co., which brings carefully vetted businesses together with lenders looking for excellent returns on capital. Financial […]