Happy Birthday To You, P2P Lenders And Borrowers!


At Money&Co., we’re very young players in a crowdfunding industry that isn’t exactly a veteran itself. We’ve been operating for under two years as a business, and actively facilitating loans for fourteen months.

The business of putting our lenders together with businesses that need capital for growth is very satisfying. Our latest loans have several days to go before the auctions close, and lenders have the possibility of offering credit at a remarkable indicative gross yield of 10.5 per cent to A-rated data tracking company, Globavista. Experience tells us that as the auction period draws to an end, competitive bidding will drive down the cost of credit.


The peer-to-peer (P2P) lending trade body, the P2P Finance Association (P2PFA), shows that our experience of strong growth is mirrored on a general level.

The intelligence platform, FundWeb, carries an article by Christine Farnish, chair of the P2PFA, that commemorates a milestone anniversary for our sector: “As recent headlines have reported, the industry is now 10 years old. From its modest beginnings in a barn in Buckinghamshire, the most recent figures from the Peer-to-Peer Finance Association show the industry has leant over £2bn with more than £1bn of new lending alone in 2014.

“The alternative finance industry has been finding its feet in recent years. Previously our association, which operates solely in the peer-to-peer lending space, had issues that led regulators, politicians and the media to pigeon-hole us with other forms of crowdfunding. Peer-to-peer lending, whether it is between individuals or between individuals and businesses is solely a debt-based form of crowdfunding. The way these loans are diversified and the strict credit controls carried out by our member firms means that peer-to-peer lending is a low form risk of investment. Contrast this with other forms of crowdfunding such as equity or donation-based where money is exchanged for a stake of a future company where investment returns are more than often not guaranteed at all or simply for benevolent purposes.

“As a consequence, the Financial Conduct Authority (FCA) now fully regulates the peer-to-peer lending industry. This came into effect in April 2014 and is something that as an association we welcomed and believed it would ensure that other peer-to-peer lenders either fall into the regulatory line or cease operating entirely.”

*** We’re delighted to announce that Jeff Lynn, CEO of equity croedfunder, Seedrs.com, will make a presentation at the Discover The Power Of The Crowd conference at London’s RAC Club on 28th May will be announced tomorrow. Sponsored by CityAM, CrowdneticUK and Another Crowd A hugely impressive panel of speakers includes Money&Co. CEO, Nicola Horlick, Justin Urqhart Stewart of Seven Investment Management, Brian Basham of Archover, another P2P crowdfunder, James Codling of leading equity crowdfunder, Venture Founders – with senior fogures from the UK Crowdfunding Association, Bryan Zhang of Cambridge University, and Karen Butler of global law furm King & Wood Mallesons.

To buy tickets for this event – which includes lunch and network drinks, click here.


Remember that lending carroies risk. Read the risk warnings on our Home page and 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.