Future Of FinTech – Can You Get A Word In Edgeways Over The Coffee?


Will you able to get a word in edgeways over the coffee and croissants? Some of the biggest names in FinTech will be sharing their views on the what the future of the sector looks like.

The explosion of digital connectivity through our smartphones has changed the way we bank, borrow and buy. You’ll be well advised to put the phones away, though, as there are sure to be a welter of trenchant views expressed in a hectic breakfast session.

Here’s how event organiser, Business Cloud, puts it: P2P lending and crowdfunding has revolutionised the world of FinTech, which is now worth £20bn and has become a magnet for start-ups and entrepreneurs in the UK. A stellar line-up of speakers have been confirmed for BusinessCloud’s forthcoming Future of FinTech event in London on July 12, including former investment banker turned high-profile player in the peer-to-peer (P2P) lending space Nicola Horlick.

She’ll be joined by: 

  • Kerim Derhalli, founder, Invstr 
    Jonathan Simnett, director, Hampleton Partners
    Paul Surtees, MD, Capitalise
    Adam Ward, CEO & co-founder, Airtime Rewards 
  • John Battersby, head of communications and policy, Ratesetter 
    Muhammad Asim, CEO, Marq Millions   
    Tim Kimball, CTO, Aire Labs 
  • Munal Mehta, head of partner relations, Akoni Hub 
    Greg Michel, FinTech and insurtech lead, Tech Nation

The event will be hosted by Business Cloud editor, Chris Maguire.

Discounted Tickets Available Here

A Process Guide To Innovative Finance ISA Investment

All our P2P loans can be held in an Innovative Finance ISA (IFISA) that can hold the peer-to-peer (P2P) business loans that Money&Co. facilitates. For the purposes of this article, the terms ISA and IFISA are interchangeable.

So here’s our guide to the process:

  • Step 1: Register as a lender. Go to the login page, and go through the process that the law requires us to effect. This means we have to do basic checks on you to comply with money-laundering and other security requirements.
  • Step 2: Put money into your account. This is best done by electronic transfer. We can also process paper cheques drawn in favour of Denmark Square Limited, the parent company of Money&Co.
  • Step 3: Buy loans in the loan market. Once you’ve put cash in your account it will sit there – and it won’t earn interest until you’ve bought a piece of a loan. It’s this final step that requires lenders and IFISA investors to be pro-active. Just choose some loans – all loans on the Money&Co. site can be held in an IFISA – and your money will start earning tax-free interest.

The ISA allowance for 2018/19 is unchanged from last tax year at £20,000, allowing a married couple to put £40,000 into a tax-free environment. Over three years, an investment of this scale in two Money&Co. Innovative Finance ISAs would generate £8,400 of income completely free of tax. We’re assuming a 7 per cent return, net of charges and free of tax here.

Once you have made your initial commitment, you might then consider diversifying – buying a spread of loans. To do this, you can go into the “loans for sale” market. All loans bought in this market also qualify for IFISA tax benefits.

Risk: Security, Access, Yield

Do consider not just the return, but the security and the ease of access to your investment. We write regularly about these three key factors. Here’s one of several earlier articles on security, access and yield.


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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.