For Better Crowdfunding Decisions We Need Better P2P Data


SanSebastianCrowd

Crowdfunding is growing fast, but is still a young industry. One of the things we need to help us grow – especially in our sub-sector of peer-to-peer (P2P) business lending – is reliable data.

Good data is needed to form accurate judgements about borrowing companies. Moreover, as P2P crowdfunding matures, lenders will need reliable track records of how the various platforms, including Money&Co., have performed.

So we welcome the recent crowdfundinsider report on the expansion of PeerIQ in the United States.

"PeerIQ, a financial information services company that connects peer-to-peer lending to the capital markets by helping institutional investors analyze, access and manage risk, today announced that it has raised $6 million of seed funding.

"PeerIQ will use the funds to further build out its risk analytics platform, grow its institutional investor client base, and expand its team. Its analytics platform aggregates industry data from leading online P2P marketplaces and offers sophisticated credit risk analytics and independent benchmarks that allow investors to: assess loan performance, generate cash flows, value and manage portfolios, run scenario analyses, and price credit instruments. More broadly, the company's offering aims to enhance the efficiency of securitization and other asset-backed transactions that will fuel the next phase of P2P lending growth."

M&CLogo

In the UK, the leader in crowdfunding platform intelligence is Crowdnetic UK, which has launched crowdwatch.co.uk. The site allows users to "access important data from hundreds of private companies publicly raising capital across leading portals, in one place and in real-time."

We welcome CrowdneticsUK, and are in close contact with the newly launched data platform. Watch this space.

Loans & Risk

*** There has been significant bidding on the loan offerings on site in the past few days. For more click here. NB: lending carries risk. Read warnings on our Home eage, Lend page and in our Frequently Asked Questions.

 



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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.