Latest crowdfunding news

Beat The P2P Loan Auction Clock With Managed Portfolio Service




One of our A-rated, 8 per cent target yield loan offers is in auction mode, and is closing in two days. But what if you don't want to do all that bidding and attendant process yourself? We thought it timely to remind investors with a larger amount of investable cash of the existence of our attractive managed portfolio service. We will manage your loan portfolio for you and ensure that there is sufficient diversification to reduce risk. When money comes back from borrowers each month, we will reinvest it for you in new loans coming through that meet the parameters that we have agreed with you. You can choose to reinvest the interest from your loans or to pay it out. The minimum investment for a Money&Co. Portfolio Service account is £100,000. If you would like to discuss opening an account, please email support@moneyandco.com or call us on 020 3143 4004.

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 Investment

Our 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:
  • 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 requirement

    READ MORE

Latest from our blogs

Income-Starved Cash Investors Need Helping Hand From P2P Sector




Money&Co.'s CEO, Nicola Horlick takes a close look at recent figures released by the taxman, and draws some sobering conclusions for savers who stick with cash deposit accounts (bearing in mind that inflation has been running at nearly 3.5 per cent for several months). Below the highlights of HMRC's data, we list Nicola's principal conclusions.

HMRC ISA Statistics for the tax year to 5 April 2017

  • 1 million adults subscribed for or added to their ISAs in 2016/17 against 12.7m the previous year. The number of Cash ISAs sold declined sharply, falling by 1.6 million, but the number of Stocks and Shares ISAs sold rose.
  • A total of £62 billion was subscribed to ISA accounts in 2016/17 against £80 bilion in 2015/16 due to the fall in the number of Cash ISAs being opened.
  • The average subscription to an ISA was £5,558.
  • As at 5 April 2017, the value of all adult ISAs was £585 billion, a rise of 10 per cent on 2015/16 as a result of the strong performance of equity markets. Cash ISAs represented 46% of the total (£269.1 billion) and 54 per cent were Stocks and Shares ISAs (£315.9bn).
  • 1 million adults in the UK have an ISA. The median ISA holder had an annual income of between £10,000 and £19,999 and average ISA savings of £21,339.
  • Lower income groups showed a preference for Cash ISAs.
  • 22 per cent of all subscribers invested the maximum in 2016/17 (£20,000). 62 per cent of those with an income over £150,000 invested the maximum.
  • 5 million of the 22.1m ISA investors are over 65. The average amo

    READ MORE

More news

2018
MayApril
March
February
January
2017
December
November
October
September
August
July
June
May
April
March
February
January
2016
December
November
October
September
August
July
June
May
April
March
February
January
2015
December
November
October
September
August
July
June
May
April
March
February
January
2014
December
November
October
September
August
July
June
MayMarchFebruary

Search news

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More from blogs

2017
2016
NovemberOctoberSeptemberAugustJulyJuneMayMarchFebruaryJanuary
2015
DecemberNovemberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary
2014
DecemberNovemberOctoberSeptemberAugustJulyJune

Search blogs

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -




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.