Mini-bonds are on the way out. The Financial Conduct Authority (FCA) is set to make permanent its ban on the marketing of mini-bonds to retail investors amid concerns over “unexpected and significant consumer loses”. But how unexpected were those losses, really? And what’s a mini-bond anyway? The investors who lost money in the multi-million horror show […]
Ahead of the arrival of new offerings, especially suited to the locked-down environment (think music rights and streaming), we thought we’d offer one of our regular refreshers on how to lend to our carefully vetted borrowing companies. It is not a one-stage process. Investors who buy a fund or make a cash deposit into a […]
We’ve said it many times before (just search against ‘Money&Co. great savings robbery’) – yield-hungry savers have a rough deal. Here’s a piece on dismal Cash ISA returns when in the relatively halcyon days when base rates were more than one per cent… Sadly, this week things got even worse. Our friends at This Is […]
Our friends at AltFi offer more detail, in so far as currently available, on the governmental FinTech review, as announced in the Budget. We welcome the government’s move – if it promotes a light touch and a principles-based approach to regulation. The review will be headed by Ron Kalifa OBE who is a non-executive director […]
Here’s some of the fallout from the IPO of platform lender, Funding Circle, as reported by our friends at AltFi. US asset management giant T. Rowe Price has built at 7 per cent stake in Funding Circle following an all-time low for the marketplace lender’s share price. Rowe Price, which is also a very significant […]
Lending to our carefully vetted borrowing companies is not a one-stage process. Investors who buy a fund or make a cash deposit into a building society account have done all the process they need to. With lending, depositing money is just the first part. After that, you have to choose a company and then deploy […]
We are following an old-fashioned takeover battle in the FinTech sector. A market-listed investment trust investing in alternative finance, particularly the platform-lending sub-sector, is the subject of a hostile takeover bid. As asset valuations for this investing in the sector via this route continue to fluctuate, an alternative route looks more and more attractive. Investors […]
Today we bring you the second part of the excellent, common-sense consumer guide by the UK’s leading financial watchdog by the Financial Conduct Authority (FCA). This is prudent, helpful, and should be compulsory reading for all individuals considering high return investment. In the UK, any firm carrying out a regulated financial services activity must be authorised by […]
We are pleased to announce the arrival of a new loan offer on site. This small tranche of £30,000 is the fourth offering from this borrower. After passing through our credit-analysis process, the loan is risk-rated B, with an 11 per cent gross yield, that is 10 per cent after deduction of Money&Co.’s one per […]
We are pleased to announce the arrival of a new loan offer on site. After passing through our credit-analysis process, the loan is risk-rated B, with an 11 per cent gross yield, that is 10 per cent after deduction of Money&Co.’s one per cent fee. It has a five-year term. Although just recently landed on […]