Stephen Moss, Managing Director of Sourced Capital joined the P2P Investing Summit at the end of last month, which brought together experts from the world of peer-to-peer lending and the wider investment space.

Investors and financial advisors were amongst those who tuned in to watch the virtual event, which was hosted by Peer2Peer Finance News and AngelNews.

There were a number of discussions, including:

  • Unpicking the myths around P2P lending
  • Risk-profiling P2P investments so to ensure clients get the right opportunities
  • The new opportunities in property-backed P2P investing

Unpicking the P2P myths

Stephen discussed the myths around P2P lending alongside Rishi Zaveri, Chief Executive of Lendwise and Jeffery Mushens, Policy Director at The Investing and Saving Alliance (TISA).

The Myth that Stephen debunked was about P2P being one product. “There are lots of different types of P2P products and sectors in the industry, but people just see P2P as one product, one solution, but ultimately it’s not, it’s broken down into different sectors, structures and platforms with lots of different exciting things.”

“That’s one of the frustrations what I find quite often when you speak to people about P2P, that it’s just this one whole sector and everyone does this same type of thing, so it’s educating people there are lots of different ways to look at P2P.”

Jeffrey’s myth about the sector is that P2P isn’t for everyday investors.

“At its roots P2P is about enabling ordinary folk to diversify their lending and have a diverse range of borrowers to lend to, I think P2P democratises savings and gives ordinary folks access to it. I hate the idea that good investment opportunities are only for the rich.”

Another misconception about P2P is that it is not regulated, and this was Rishi’s point.

“Platforms will tell you the opposite, we have been regulated by the FCA, we spent nine months getting the authorisation. P2P is a regulated, sensible, viable product that should form part of an overall portfolio.”

If you missed the summit, Peer2Peer Finance News has created a P2P Investing Summit special report, which comprises valuable information about the sector, check it out here –

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