The FinTech sector’s start-ups will need to raise £825m to see out the Covid-19 pandemic, according to KPMG’s new research report. KPMG takes a look at the leeway – the cash safety belt – it believes companies will need in times of low activity. Our friends at P2P Finance News take up the story. The […]
The latest ingress by the mainstream into alternative finance involves Money&Co.’s close neighbours in Hammersmith, Lanistar. Lanistar’s latest funding round is a hefty £15 million. FinExtra reports: Lanistar, a personal financial management startup founded in 2019, has raised £15 million to support its forthcoming commercial launch in Winter 2020. The investment, from Milaya Capital, gives […]
Identity theft and identification techniques underpin the whole enterprise that is FinTech. Our friends at UKTechNews report the latest in the major types of identity theft and fraud, their impact across industry. Later on in the article, biometric identity screening is discussed as a useful technique to mitigate identity fraud. The Most Common Categories of […]
On top of Covid issues, there are genuinely man-made threats to our financial environment – as investors in LCF bonds, as lenders who lost money in the collapse of the Lendy direct lending platform will doubtless agree. The FinTech Times looks at another major man-made problem, and the outlook for regulation in the wake of […]
One of the ways in which the alternative-finance sector is converging with the mainstream is the pursuit of banking licences by new, challenger banks. The Times carries a tale of a new would-be bank that has its sights set on a wealthy client base. A former chief executive of the Co-operative Bank, has become chairman […]
Regular visitors to our News section will be up to speed with our reports on the convergence between mainstream finance and the alternative-finance sector. Acquisition by mainstream players is currently the dominant theme here. The latest news comes from consumer-focused alternative lending platform Lending Works, which has been acquired by asset manager Intriva Capital. Our […]
Senior figures in direct platform lending, or peer-to-peer lending, have suggested there is an opportunity to tap into a £75.5 billion “lockdown savings” market. Nicola Horlick, CEO of Money&Co., is among those opining in a story run by P2P Finance News. Joint research by multi-asset investment platform eToro and the Centre for Economics and Business […]
The Fintech Times runs an opinion piece on the future of challenger banking. We run an excerpt from the piece below. Regular readers will know that our own view is that more and more “alternative” lenders and lending platforms will either acquire banking licences or be acquired by banks. This is one of the more […]
Ahead of the arrival of new loan offerings on site, we thought we’d visit a hardy perennial of the News site. Diversification is one of the best ways of limiting risk. Our popular managed portfolio service is an efficient way of doing just that. Here’s a brief reminder of its attractions. Clients of the Money&Co […]
Regular readers of our News site will be aware that a regular feature of our coverage of the alternative finance (and specifically the FinTech) sector is the attempts at inwards investment by mainstream finance. The transfer of capital as been easily effected – but making a success of the business has proved altogether more difficult. […]