More moves on the PR front from the UK’s industry body Innovate Finance. It’s just launched the International FinTech Group to promote the UK as a global leader in the Fintech sector. This move follows the publication of the Kalifa Review of UK FinTech in 2021. We’ve reported on the Kalifa review before, and blogged on it […]
Open banking is the great hope for the future of a modern financial-services sector. But open banking does not mean “open goal” – it’s an opportunity that has to be taken the right way. Two of the UK’s largest banks Lloyds and Barclays have been notified of failures in complying with open banking rules by the UK’s […]
The end of the tax year is approaching, and we currently have four loan auctions on site. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of A+, a […]
Today we bring news of another new loan offer to land on site. It has a credit rating of A, a gross yield of 8 per cent and a term of 12 months. It is currently 9 per cent filled. Harris & Co is seeking funds to pursue cavity wall insulation claims. Security consists of, […]
The end of the tax year is approaching, and we currently have four loan auctions on site. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of A+, a […]
We currently have four new loans landed on site – credit-rated A and A+, with gross yields of 7 and 8 per cent. For detail of their progress, see below. These loans are available for registered lenders is to deploy capital. The vast majority of lenders do just that. But some leave their money lying […]
Today sees more from the immoveable object/irresistible force file. Sooner or later, cryptocurrency transactions will be easily doable at a ATMs in the UK (it’s been possible for years to buy train tickets in Switzerland using Bitcoin). The UK”s leading financial watchdog has decided that that day will be a little later, rather than sooner. […]
We currently have four loan auctions open on site. Two have credit ratings of A, and two a rare A+. Yields are seven or eight per cent, and the loan terms are 12 months or 24 months. You can see detail on each by logging in and downloading the credit note. For full detail of […]
Today’s spotlight falls on another new loan offering on site. Bonnington Law 3 is a vehicle that has been set up to manage a number of Plevin claims. The section below explains the nature of Plevin claims, and we extract details of the borrower’s representations – which we have made our best efforts to ensure […]
Today we highlight one of the new loan offerings on site. Fleetwood Legal 3 is seeking funds for housing disrepair claims. The lenders’ security comes in the form of a legal charge over the company and the specific claims funded by Money&Co. The term of the loan, which has a straight A credit rating, is […]