We’re nearing the end of the tax year – for many, a good time to review personal finances and investment. Even with the excellent news of an attractive 7 per cent target tax-free return, we find there’s still a job of education to do. Below, we run an extract from a recent press statement. Money&Co. […]
Here’s a good tip from Money&Co.: Review your finances, and make the most of the remarkably attractive onshore tax deals. The UK taxman is offering investors an open goal. The policy objective is to encourage us all to take control of our savings and investments, and the tax treatment of Individual Saviogs Accounts (ISAs) is, […]
As the Individual Savings Account (ISA) season gets into full swing ahead of the close of the tax year in April, we’ve been contacting some of our registered lenders – especially those with a chunk of capital parked in their account and not earning interest. It’s our role to vet borrowers very carefully, make sure […]
Initial Coin Offerings (ICOs) are becoming increasingly common as a form of fund-raising amongst small businesses. ICOs are in some ways a cross between equity raises and peer-to-peer (P2P) lending. Technically, the company takes a loan in in its newly created currency, and lenders, who will have paid for their cryptocurrency in mainstream, fiat currency, […]
All business look for a unique selling point. Many claim to have a USP, even if they don’t. But we really do have something that makes Money&Co. special – we think perhaps unique – in the P2P crowdfunding sector. Our management company also has fund-management authorisation from the Financial Conduct Authority. This means our lenders […]
The new week will bring a new podcast, on the subject of cryptocurrencies, including and led by Bitcoin. There will also be two new loans on site. Meanwhile, here’s a handy overview of the alternative lending ecosystem (see infographic, above), courtesy of our friends at Orca. Money&Co. Podcast: We asked David Buik of London investment […]
Cryptocurrencies, with Bitcoin to the fore, are inescapable these days. As we reported yesterday, many of our colleagues in the peer-to-peer (P2P) alternative lending market are beginning to offer credit using their own tokens via an initial coin offering (ICO). We think it’s an interesting idea, but we do have some concerns. The markets in […]
The first new loan offering of 2108 has got off to a flying start. More than 27 per cent funded in less than a day, lenders are demonstrating great enthusiasm for this property-backed offer. As is our wont on these occasions, we let the borrowers speak for themselves – and remind you that we have […]
No government is perfect. But it’s hard to fault the present administration’s attitude to the peer-to-peer (P2P) lending industry. The government recently announced the beginning of legislation that will “clarify that no business borrowing through a peer-to-peer platform needs to be regulated as a ‘deposit taker’ (often referred to as a ‘banking licence’) unless that […]
Merry Christmas from all of us at Money&Co. We’ll be back after the festivities for what promises to be an exciting and productive 2018. Peer-to-peer (P2P) lending is about bringing individuals seeking a good return on capital together with businesses seeking funds to grow. The average gross return achieved by lenders is 8.6 per cent […]