Some platforms have more of a crowd in their crowdfunding mix than others. This article by Ryan Weeks, editor of Alt Fi, is instructive:
“In August, we discovered that it had been three months since RateSetter had issued a loan without the protection of the provision fund attached – or, in other words, three months since the platform had played host to institutional money. That trend within RateSetter’s loan book has run diametrically opposed to the shifts that have been taking place at Zopa and Funding Circle, where the direction of traffic has increasingly favoured institutional money. 56.3% of the loans originated by Zopa in July were funded by institutions, 48% for Funding Circle. And then of course we have the mighty US marketplace lenders, such as Lending Club and Prosper, which have for a long time been up to 80% or 90% funded by institutional money.”
“Money&Co notes that although much interest from big players exists for those looking to lend money via its platform, and to invest in its company, there will always be a place for the individual investor. “We will keep the crowd, and by that I mean smaller individual investors and lenders, in the Money&Co. crowd,” promised Money&Co. CEO, Nicola Horlick.
“Alternative Funding: New Solutions To Old Problems”. Crowdfunding intelligence platform, Another Crowd, is also sponsoring the event.
The day-long conference, to be held at the RAC club in London’s Pall Mall on 12th October, will examine how in today’s world it is possible to:
This useful, practical, cutting-edge conference includes lunch and networking drinks. To claim the last places – with a £25 per cent discount for Money&Co. users – click here.