The UK’s leading financial regulator the Financial Conduct Authority (FCA) has introduced a liberal measure that many in the industry see as a major stimulus for the growth of open banking. This will see further convergence between the alternative-finance sector and the mainstream. Our friends at Altfi report: [The FCA] is looking to scrap a key […]
The UK’s venture capital industry has been very active in investing in the FinTech sector – more so than its US counterpart, according to research (see below). Our friends at Finextra offer a report, but we’d add just a short comment: perhaps the relative strength of VCX interest may be partially accounted for by the […]
The latest £77,600 loan offering, yielding seven per cent and risk-rated A, is now 13 per cent funded. The lender is seeking to fund claims for financial mis-selling. The term of the loan is 15 months. Below are some details from the borrower’s pitch – as ever, we’ve done due diligence but cannot warrant or […]
The latest £77,600 loan offering, yielding seven per cent and risk-rated A, is now 5 per cent funded. The lender is seeking to fund claims for financial mis-selling. The term of the loan is 15 months. Below are some details from the borrower’s pitch – as ever, we’ve done due diligence but cannot warrant or […]
The trend towards convergence between mainstream and digital banking is well established – and regularly reported in this News site. But whose business model is changing? Are the mainstream banks adapting to the digital way of doing business, or is it the other way around? News brought by our friends at Altfi indicates that the […]
The digital tanks are finally parking on the lawns of our high streets. Our friends at Altfi report a major consumer development: Next year dozens of high street stores will start offering crypto cashback on purchases, including Ocado, Homebase and Boots. They’ll be doing it with the help of UK listed fintech Mode, which helps […]
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 […]
Our head of communications and content, award-wining journalist Martin Baker, continues his survey of the fast-changing face of digital money and its impact on mainstream finance. The problem most journalists face when writing a story is finding a way in. The usual technique is to wrap your arms around a news event, claim its relevance […]
A new £77,600 loan offering, yielding seven per cent and risk-rated A, has landed on site. The lender is seeking to fund claims for financial mis-selling. The term of the loan is 15 months. Below are some details from the borrower’s pitch – as ever, we’ve done due diligence but cannot warrant or guarantee the […]
Revolut and Starling are among the leaders of the “challenger” banks bringing the digital revolution to the mainstream. Regular Altfi visitors to our News site will be familiar with both banks. Our friends at Altfi bring news of the latest digital incursion into the mainstream. Nearly six months on from its acquisition of Fleet Mortgages for £50m, […]