"Crowdfunding and Person-To-Business financing (P2B) are relatively new parts of the finance industry - or at least their popularity is relatively new," says Money&Co. CEO, Nicola Horlick.
Money&Co. notes with interest how quickly that popularity is increasing. A recent report by Reuters indicates that "a British hedge fund plans to bring peer-to-peer (P2P) lending, hitherto at the fringes of business financing, into the mainstream with the launch of a fund that aims to attract wealthy institutional investors".
The managers, Marsall Wace, which reportedly has more than $15 billion under its control, is targeting institutions, as the report highlights. How long can it be before an investment manager launches a genuine P2B fund aimed at individual investors looking to lend to businesses?
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