Latest crowdfunding news
More Zopa P2P Withdrawal Fallout – Plus Loan Offer Latest
Following yesterday’s News item on Zopa’s withdrawal from the peer-to-peer lending market, Money&Co.’s founder and CDEO, Nicola Horlick, features in a round-up pf reactions, published by our friends at P2P Finance News. After 16 years, Zopa is exiting the peer-to-peer lending space, leaving an enormous gap in the market and raising questions about the future of consumer P2P. We asked industry stakeholders and platform bosses where Zopa’s exit leaves the P2P lending sector, and whether the news took them by surprise… “It makes commercial sense” David Bradley-Ward, chief executive of Ablrate, said that the news didn’t come as a surprise. …
Latest from our blogs
Non-Fungible Tokens Explored – And (Partially) Explained
Martin Baker, award-winning journalist and head of communications at Money&Co., looks at Non-Fungible Tokens (NFTs). The lunatic with the loudest voice in the asylum at the time of writing is undoubtedly the NFT. Artist Damien Hirst is set to enter the NFT world with much-heralded plans to sell 10,000 artworks tied to corresponding NFTs. The launch is entitled “The Currency Project”, in case you didn’t get the joke, and is being released on a new technology called Palm, connected to the Ethereum blockchain network whose native cryptocurrency is Ether, the second-biggest cryptocurrency behind Bitcoin. An NFT can manifest itself in …