Today, as the world hopes for the arrival of a truly effective Covid-19 vaccine, we bring two snippets of news. First, is more from the stop-go world of SME finance. UK Tech News reports: British Business Investments, a Sheffield-based investment management firm, recently announced a £30 million commitment to support UK small businesses through Funding […]
Perhaps the least surprising news report of the last few weeks comes to us from our friends at P2P Finance News. The word is that “UK peer-to-peer lenders are unlikely to embark on stock market flotations in the near future”. The industry analysts P2PFN has been talking to are surely right. The catastrophic performance of […]
These are momentous times. And, political tumult notwithstanding, financially and mentally difficult ones for many. Our friends at P2P Finance News adduce two separate pieces of research which have concluded that people aged 18 to 24 have been most affected by the coronavirus pandemic. According to a poll by credit reference agency Credit Kudos, 37 […]
There is life in the direct-lending sector yet. Peer-to-peer lender Mintos is gearing up to launch its first crowdfunding campaign on Crowdcube, as reported by our friends at AltFi: The round, which is set to go live in the second half of November, will form part of a larger fundraising effort with cash being raised from several […]
The Independent – Malta’s version – reports on the implementation of a set of rules and protocols for crowdfunding and alternative finance raises. At first look, the system may not be the simplest, but it does have the great benefit of offering access to the world’s biggest single market… The European Parliament has taken the […]
Today, we bring you a story of the rise of the FinTech robots in Europe. Of course, whether there’s anything to rise over will depend on how we come through the latest crisis, as Covid-19’s second wave and a dark winter draw one. Fingers crossed. Here’s an excerpt from the story reported by Finextra. Deutsche […]
The overwhelming majority of media report indicate the existence of many problems (as yet not fully understood) regarding distribution and even fraud in the well-intentioned bounceback initiative from government. Here, apparently, is some good news from a separate, but arguably related sector. Business Desk reports: British Business Investments (BBI), a commercial subsidiary of the British […]
The fallout from the government’s emergency measures to combat Covid-19 continues. Given the advent of a second wave of the virus, the ramifications of the financial measures to deal with the first wave seems like small beer. And it is. But have a little drink on us anyway – here’s a report from City A.M.: […]
The UK’s SMEs fear the second wave of Covid-19 more than they fear Brexit. In our opinion, both are potentially devastating. Our friends at AltFi report: Almost half of British businesses fear the impact of the second wave of Coronavirus, more than they fear the impact of Brexit, according to new research commissioned Nucleus Commercial Finance. […]
The redoubtable Judge Business School at the University of Cambridge is spearheading a “pioneering move to accelerate technology enabled financial innovation and knowledge sharing in huge and previously underserved territories”, according to a report from Business Weekly. We run an excerpt from the piece below. The new collaboration will inform FinTech market development and regulatory […]