It’s all relative. There’s a huge crisis in the world of cryptocurrencies, according to most mainstream media reports. But the retrenchment of Bitcoin to an eight-month low, a crash in a minor crypto, and lots of talk about a crisis of confidence in tokens of value of various sorts all come to… something well short […]
The ever-changing banking sector is where it’s at, folks. As regular visitors to this News site will know, a banking licence is on the horizon for this particular alternative-finance niche lender – and this is all part of the phenomenon of the alternative sector morphing into the mainstream. Our friends at Altfi report a development […]
The California Gold Rush. The conventional wisdom is that the most reliable way to make money from the mad 19th Century scramble for gold in them there hills was to set up supplies for the prospectors. Yes, there was a chance of striking the mother lode, but thousands of prospectors all needed ropes, jeans, tents […]
Regular readers of this News site will know that we think this is the era of the token – the corporate token launch, the new rogue crypto, the “us too” digital offerings of the central banks. Just as money is “the concretisation of trust” (our phrase), so tokens of any sort depend for their success […]
British banking, British challenger banks, British alternative finance. Amid that general swirl of techie excitement is Money&Co., a peer-to-peer (P2P) lender turned niche lender/digital boutique bank (once we get that licence!). Our friends at the Fintech Times report on the British Bank Awards, a category of which the FTT sponsored. We weren’t directly involved – […]
The story of alternative finance is, perhaps unsurprisingly, a story of continuous parallel development. The alternative world develops and influences the mainstream. The genesis of peer-to-peer (P2P) finance was born of the need for alternative funding (and for lenders, yield source) not to be found in the mainstream. P2P loans of course are very different […]
Following on from yesterday’s News story, we’ll know when cryptocurrencies have truly arrived once we cannot get away from them. As good a measure of common availability is their increasing accessibility in the hight street, via ATMs. Our friends at the Fintech Times report a follow-up ale to yesterday’s news. Cryptocurrencies’ rising popularity has seen […]
Do you know anyone who gets paid in Bitcoin, or buys train tickets from an automated kiosk using cryptocurrencies? If you do, the person getting paid is probably based in Japan (where Partial salary payment in Bitcoin has been an option for years). And digital-currency train ticket purchase has been a feature on Swiss train […]
From a recent News item – a moment of digital reflection… Irresistible forces and immovable objects have a fair bit of history. Inevitably, the irresistible force ends up the winner. In FinTech, cryptos are the coming thing. And nothing, it seems, can stop them. The UK’s top financial watchdog, the Financial Conduct Authority (FCA), is […]
Closing today… Please note that both HT Legal Helpline (currently 69 per cent funded, yielding 7 per cent) and Harris&Co. (currently 84 per cent funded, yielding 8%) will be closing today at 5pm. Both loans offer a gross yield of 7 per cent. Money&Co. CEO, Nicola Horlick, comments: “We have had no bad debts in […]