Tag Archives: P2P Finance News

Alternative Finance To Tighten Security – Plus Loan Auction Latest

We were recently contacted by top trade media outlet, P2P Finance News, regarding security checks and anti-money-laundering provisions. The enquiry came as a result of concerns expressed by UK regulators about alternative-finance lending and banking. Fortunately (we are vigilant, and have top-quality systems in place) we have been free from trouble at Money&Co. We reproduce […]

Niche Lending Policy Helps Protects P2P Lenders From Market Swings

The insulating effects of our niche lending policies – avoiding the rollercoaster credit ride of the general economy – are becoming clear. Our friends at P2P Finance News report: Peer-to-peer lending chiefs are predicting a rise in defaults for unsecured loans this year but not for asset-backed facilities. The Bank of England’s latest credit conditions […]

P2P Lending Flow Unaffected By Minor Rate Rise – Plus Loans Latest

Many an eyebrow was raised at the timing of this week’s tiny rise in base rates. Our friends at leading trade publication, P2P Finance News, called to ask our reaction. We excerpt the lead of the story below. Peer-to-peer lending platforms have claimed that the Bank of England’s base rate increase to 0.25 per cent […]

More Zopa P2P Withdrawal Fallout – Plus Loan Offer Latest

Following yesterday’s News item on Zopa’s withdrawal from the peer-to-peer lending market, Money&Co.’s founder and CDEO, Nicola Horlick, features in a round-up pf reactions, published by our friends at P2P Finance News. After 16 years, Zopa is exiting the peer-to-peer lending space, leaving an enormous gap in the market and raising questions about the future of consumer […]

Of Caution And Unicorns – Confusion In FinTech World

  Today’s news-gathering brings tidings of tales that vary from measured prudence to something from across the Pond that looks rather like irrational exuberance. P2P Finance News reports: The Financial Conduct Authority’s (FCA) new chief executive Nikhil Rathi has said that the regulator will be focusing on the risks involved with higher-return investments, as he […]

Covid Pandemic Is Hitting Youth Hardest

These are momentous times. And, political tumult notwithstanding, financially and mentally difficult ones for many. Our friends at P2P Finance News adduce two separate pieces of research which have concluded that people aged 18 to 24 have been most affected by the coronavirus pandemic. According to a poll by credit reference agency Credit Kudos, 37 […]

SME Funding Optimists: Badly Informed Pessimists?

“Despite economic uncertainty, angel investors are continuing to invest in early-stage businesses and are optimistic about the future, the British Business Bank has found.” Is this a realistic appraisal or something akin to the jingoistic drivel (eyes, shut, fingers in ears – it’s all fine) we’re being fed on the political front? Our friends at […]