UK may take a leadership role – despite US’s head start
Money&Co. CEO Nicola Horlick has today made her debut in the global talking shop that is the Huffington Post.
It’s all part of the mission to raise awareness of what’s available out here – in a world far away from the banks. Nicola writes that crowdfunding in general and Money&Co. in particular bring “people and businesses together by connecting small and medium-sized companies (SMEs) with lenders looking for a better return on their capital. We cut out the banks that can’t or won’t lend to business.”
The message is beginning to be heard, if UK crowdfunding’s growth figures are a guide. And with the fast expansion rate and the enlightened approach of UK regulators, Nicola believes that “it may be that the UK will actually come to dominate the global crowdfunding scene. Yes, the US market is more mature, and the advent of the UK’s peer-to-peer (P2P) finance sector – a sub-sector of crowdfunding – continues to expand at an even faster rate than previously thought.”
For more on the rate of change in crowdfunding, see our recent news report on the latest figures.
Money&Co.’s latest offering – an A-rated loan with an indicative yield of more than 8 per cent – is attracting healthy interest. For detail on the loan and the company, click here.