A new survey from the Cambridge Centre for Alternative Finance reveals a vital, fast-growing altfi industry. Indeed, the term “alternative” may soon be a misnomer, as the industry enters the mainstream. The news agency Reuters cites Bryan Zhang, a friend of Money&Co., and reports the findings in a news piece. We run an excerpt below. […]
We’ve said it before, and we’ll say it again. We’re part of a savings revolution, of changing the way the public – specifically individual investors – think about how to save and invest. Our latest A-rated peer-to-peer (P2P) loan offering has a gross yield of eight per cent, and is proving popular with investors. Login […]
Thanks to our friends at AltFi for the latest report on the convergence of mainstream and “alternative” finance. The over-used epithet “disruption” really does apply to financial technology. Administration and credit analysis are both massively enhanced by the advent of cutting-edge technology. For now, at least, big data and artificial intelligence alone are not enough […]
It’s often dangerous to draw broad conclusions from small data sets. But our own positive experience of demand for peer-to-peer (P2P) business loans (from individual lenders and borrowing SMEs alike) is mirrored in the larger picture reported by our friends at P2P Finance News. “PEER-TO-PEER lenders were among the delivery partners helping the British […]
Hats off to Business Matters magazine, for a timely and well-observed report on the importance of alternative finance for technology companies. The initial focus is on start-ups. “UK tech start-ups are receiving a lot of attention in the press. They’re something we’re rightly proud of – the UK is a centre of innovation. Tech investment in […]
The latest loan offering from one of our repeat borrowers, a financial services company, is now online. It’s A-rated for risk, and the indicative yield is 8 per cent. Bidding this morning has been brisk. Below we provide an extended excerpt of the borrower’s summary. As usual, we’ve used our best endeavours to verify the […]
As our latest loan offering marches towards full funding, we bring news of our cousins in peer-to-peer (P2P) lending on the other side of the Atlantic. Our friends at AltFi report: “LendingClub, one of the world’s largest marketplace lenders, has closed its first self-sponsored securitisation. The $279.4m deal was backed by consumer loans that were […]
With two loan offers just closed, we have two more in the pipeline. Ahead of their debut on site, we thought we’d remind readers of some of the key points to bear in mind when making an individual loan, or building a portfolio of loans (it’s considered by many, including us, to be a good […]
Business does not exist in a vacuum. The Investment Observer looks at small and medium-sized businesses’ (SMEs) need for funding capital, and examines this need in a UK political context. It seems that, as the bank funding climate turns harsh, UK SMEs are turning to alternative sources as Brexit makes itself felt. “UK businesses are […]
Peer-to-peer lending (P2P) started out by individuals lending to one another, cutting the banks and traditional financial institutions out of the process. There’s still plenty of demand from individuals seeking to get cheap P2P credit to, for example, pay off their credit card debt and substitute that debt for a less expensive P2P loan. At […]