Greenwood2
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Post by Greenwood2 on Dec 7, 2019 8:42:14 GMT
the Going concern P2P board is going to look a bit sparse.
Maybe time to promote some of the others?
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JamesFrance
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Port Grimaud 1974
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Post by JamesFrance on Dec 10, 2019 10:49:49 GMT
With the recent announcements by Moneything and Thincats is it time for a new forum section?
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Post by bracknellboy on Dec 10, 2019 11:01:37 GMT
With the recent announcements by Moneything and Thincats is it time for a new forum section? The title on the "Platforms In Administration/Liquidation" could be expanded.
Although at this rate, it won't be long before we will be considering turning things on its head and create a section specifically for "Platforms that are still going concerns".
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archie
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Post by archie on Dec 10, 2019 11:10:27 GMT
BondMason are in run down too.
Probably better to leave them where they are for now. When run down completes, move them to 'Defunct P2x Sites'.
The Platform titles could be adjusted to append the 'In Run Down'.
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pom
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Post by pom on Dec 10, 2019 13:03:18 GMT
You could also say Goji are in run-down, as there's probably still some folk waiting for their investments to end at the end of Feb I assume given they halted accepting new in March.
And when does Landbay count as entirely closed what with ISA transfers?
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carolus
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Post by carolus on Dec 10, 2019 17:06:16 GMT
Seems like it would be very sensible to have a "closed to new investment" or similar subforum. That way it's easier to see at a glance which ones are out of action. Would make it simpler for people to monitor how different platforms are managing it, and keep them out of the way of active platform discussion. I think it would be useful to have it separate from the section for collapsed platforms though, they're (hopefully) very different beasts.
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blender
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Post by blender on Dec 10, 2019 17:13:35 GMT
Evanescent platforms? Would cover a large range of conditions and platforms.
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star dust
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Post by star dust on Dec 14, 2019 23:57:24 GMT
With the advent of the announcement by MoneyThing that they are winding down to closure there have been a number of comments about restructuring the forum Boards, both in this thread, and on the MT Board. Taking these into consideration we have re-named the not so “new” section “P2P Sites No Longer Open for Investment”
And we have moved the MoneyThing Board there with Collateral, FundingSecure and Lendy describing the state of each in their Board titles. We have also created a new sub-board "More P2x Sites in Wind Down" moving several sub-Boards there as appropriate. We are still anticipating moving a few of the more popular P2x sites that are still open to investors into the main Board in due course. |
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benaj
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Post by benaj on Dec 15, 2019 9:37:37 GMT
I have a suggestion, would other platforms be promoted to the main P2X sites based on their last 2 years lending volume and growing popularity?
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pom
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Post by pom on Dec 16, 2019 9:02:41 GMT
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invester
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Post by invester on Dec 16, 2019 9:18:15 GMT
Seems sensible to do this.
Quite sobering to see how many platforms have gone. Wonder what this section will look like by 2020 end? Seems to me that lots of others could join it. The amount of fees needed to be generated to even break even must be pretty big and not everyone is going to scale up.
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star dust
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Post by star dust on Dec 16, 2019 15:15:34 GMT
Goji was not forgotten, just not moved as we weren’t sure of their status and whether other products were offered, however I have now moved it. As far as I know it has moved away from p2p towards listed bond offerings, but there is no notice of official wind down, or am I missing something? With Wellesley I did alter their board title to “Wellesley & Co (W&Co) P2P product in Wind Down” but I’m well aware they are still offering their mini-bonds so in that sense are open to investment. We also have a number of other platforms who have never offered P2x products in the More P2x section so to be fair I’ve moved Wellesley back out.
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pom
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Post by pom on Dec 16, 2019 22:42:27 GMT
Goji was not forgotten, just not moved as we weren’t sure of their status and whether other products were offered, however I have now moved it. Well they still manage the ISA regulation for several platforms but not the same thing at all. Last investments accepted for investment with Goji itself was last Feb, so last money should be returned early March latest.
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