Professor Robert Wardrop and Tania Ziegler of Cambridge University’s Judge Business School offer an engaging and comprehensive review of where they believe crowdfunding in Europe is going, particularly in the light of the FCA’s review of UK Crowdfunding. The article is too long to reproduce in full here. Crowdfundinsder carries the full piece. Below, we […]
The Financial Conduct Authority (FCA) produced a review of crowdfunding rules last Friday. Below, Jamie Telkman of our credit-analysis team summarises the relevant points from the FCA’s review. The FCA is soliciting the reaction of Money&Co. and other leading crowdfunding platforms to its review. We actively encourage our registered users and lenders to respond to […]
The financial media in the UK has been awash with the potential ramifications of the departure of senior executives from Lending Club, the biggest peer-to-peer (P2P) crowdfunder in the United States. One of the most comprehensive articles comes from Reuters. We reproduce an extended excerpt below: “Britain has one of the biggest peer-to-peer or P2P […]
Good news from the European Union. It recognises that crowdfunding is an important and legitimate part of FinTech. It also recognises that we crowdfunders need “space to innovate and develop”. “The report finds that crowdfunding remains relatively small but is developing rapidly. If appropriately regulated, it has the potential to be a key source of […]
There was lots of good news for crowdfunders and peer-to-peer (P2P) lenders in yesterday’s Budget. Money&Co.’s CEO, Nicola Horlick, has already welcomed the raising of the Individual Savings Account (ISA) limit to £20,000, up from £15,240 – good news for the new Innovative Finance ISA, which will be able to include P2P loans, such as […]
Excitement is growing about the imminent arrival of the Innovative Finance ISA (IFISA), which will technically be available from 6 April. Technically is the key word. The government was keen to introduce the IFISA in order to help provide much-needed access to finance for UK small and medium-sized companies (SMEs). However, almost unnoticed, a statutory […]
Today, we offer a reminder that there is no such thing as profit without risk. Lenders need to be mindful of that fact before committing capital. Regulators, of course, try to save us from ourselves. But what type of regulation is best in the crowdfunding world? Money&Co. co-founder and shareholder, Luke Davis, expressed strong views […]
The International Organization of Securities Commissions (IOSCO) has published its Crowdfunding 2015 Survey Responses Report. It’s a densely written 47-page report, which offers the regulators’ viewpoint across a wide range of jurisdictions. Although hardly a light read, the report provides further proof of the coming of age – still very much a process, not a […]
What’s fair in crowdfunding? What’s the correct balance between properly protective regulation and allowing equity and peer-to-peer crowdfunders such as Money&Co. to promote their offers? The UK’s top financial watchdog, the Financial Conduct Authority (FCA), is assessing these very questions right now. Citywire reports on the FCA’s consultation process, in particular the regulation of social […]
P2P or not P2P? That is the question. Over the past 18 months, we’ve run a series of articles on the general awareness – or the lack of it – of alternative sources of finance for small and medium-sized enterprises (SMEs). This AVIVA survey was just one of many to point up the fact that […]