"While fintech and alternative lending have significantly developed in a decade and are considered to provide huge and equal opportunities for men and women, our own figures show that women are still less likely to invest," said Robo.cash. However, women do make larger investments than their male counterparts. The average size of men's investments is ?1,900 (£1,700), while women on average invest ?2,700. According to the Robo.cash research, women usually tend to consider investing in their 30s or 40s and hold 12 per cent of the investment volume made on the platform. Hungary has the largest share of women investors on the platform with 33 per cent, followed by 23 per cent from Lithuania and 29 per cent from Slovenia. We'll revert with our own findings on the UK P2P market later in the year. For now, we have to say most of our lenders are male...
Money&Co. Lenders' 8 Per Cent YieldOur lenders have achieved average returns of over 8 per cent on the more than £12 million facilitated by Money&Co. in the past four years. Our latest loan offering is A-rated and property-backed with a fixed-rate yield of 8 per cent, and a term of five years. It's proving popular, and is currently 32 per cent filled. All loans on site are eligible to be held in a Money&Co. Innovative Finance Individual Savings Account (ISA), up to the annual ISA limit of £20,000. Such loans offer lenders tax-free income.
A Process Guide To Innovative Finance ISA InvestmentOur offering is 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:
Risk: Security, Access, YieldDo 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.