Is Ethical On The Up?
Riding the thermals of change Leeds based Peer2Peer company, the appropriately named rebuildingsociety.com, connects ethically minded lenders with borrowers. The platform enables small businesses to borrow money from a crowd of individuals with an eye on the social impact as well as the financial return. Having started in 2013, and received FCA authorisation in 2017, the company has seen the market evolve, and as MD Daniel Rajkumar says, "There's a clear trend towards ethical investments, it's a movement driven by young people, perhaps as a response to certain politicians and corporations being less ethical than Millennials would like them to be." That's putting it politely. So are the divisive politics of Trump and Brexit having a reverse effect at ground level? "Possibly so" says Dan "with stormy politics comes calming cooperative culture, young people are wiser than the generations before, they've grown up through austerity, they understand that their financial choices can and do make a difference to people, to society, to the World."
For more information contact Bird@rebuildingsociety.com