As times get tough, we have to innovate. Here’s a take on where we are and where we’re going: Money&Co. CEO, Nicola Horlick, explains the future as she sees it to our friends at P2P Finance News: The coronavirus crunch has made it harder to find small- and medium-sized enterprise (SME) loans that are “safe options” […]
Metro Bank’s arrival on the UK scene ten years ago was a breath of fresh air. Branch-based, people-focused, and even dog-friendly (water bowls and treats in branches), Metro was… retro, and pleasingly so. Now, however, the Twenty-First Century has caught up with the bank, which is looking to enhance its digital offerings. Our friends at […]
The Financial Conduct Authority (FCA) has attracted a lot of criticism for its oversight (or alleged lack thereof) of financial marketing. The investors in the failed London Capital & Finance (LCF) are rightly incandescent with rage at the loss of so much of their money – and much of the investors’ ire has been directed […]
Mainstream finance has spent a long time coming in the direction of altfi. Now the traffic is definitely two-way. AltFi reports an innovation from a Manchester-based lawyer, who’s heading for the banking space: The founder of a Manchester-based law firm is gearing up for a rollout of a digital bank next year, after the law […]
We’re not sure whether the FinTech sector can be said to have big dogs. There are unicorns aplenty, with billion-dollar valuations formulated in the fertile imaginations of venture capitalists. Big dogs, however, are real businesses, operating in a real business environment. If there is a UK FinTech big dog, we’d say challenger bank Revolut was […]
The Covid-19 lockdown has thrust change upon all sectors of UK industry. The alternative finance sector, of which Money&Co. is a well-known player, is among the most agile in the current UK economy. Our friends at P2P Finance News look at changing working practices in the direct lending sector. Peer-to-peer lending platforms have followed the […]
One of our favourite media epithets is “tight-lipped”, a synonym for “no comment”. Our friends at AltFi showcase a fine example: UK fintechs are remaining tight-lipped on whether they will take up the government’s offer of thousands of pounds for returning furloughed workers to their jobs. The government’s job retention bonus scheme pays businesses £1,000 for […]
Here’s a tour of our horizon. Money&Co. CEO, Nicola Horlick, explains the future as she sees it to our friends at P2P Finance News: The coronavirus crunch has made it harder to find small- and medium-sized enterprise (SME) loans that are “safe options” for peer-to-peer investors, Money&Co founder Nicola Horlick has said. Horlick, known as […]
Our long-standing interest in the crypto world has been further piques by a report from our friends at P2P Finance News. The gist is that the City watchdog, the Financial Conduct Authority, the FCA, should have oversight of crypto operations in the UK. Our feeling is that this may well fall into the category of […]
The pandemic has certainly been an agent for change. The need to adapt strategy and business direction has become a matter of survival for both mainstream and alternative financial sectors. The inventiveness, mothered by necessity, may even see one of the oldest and best-established direct lending platforms morph into an altogether different type of financial […]