Money&Co. CEO Nicola Horlick has pointed to a substantial drop in Innovative Finance ISA (IFISA) inflows this years. She argues the Covid-19 crisis is a major contributor factor to the downturn. Nicola spoke to our friends at P2P Finance News, and we offer their accurate report of a recent interview as a reprise of Nicola’s […]
As the UK heads towards the European Union exit door, a number of government initiatives to facilitate trade appear. Without a high-level trade deal – the one that was supposed to be “oven-ready” would be just fine – one wonders how useful these initiatives will prove to be. The Fintech Times reports the latest: Department […]
For years now, it’s been possible to buy a train ticket in Switzerland at a machine that deals in fiat currency and Bitcoin. Japanese employees have been able to opt for part of their remuneration to be in Bitcoin or other digital tokens. Now, the parallel alternative system comes a step closer to the mainstream. […]
The Evening Standard reports on recent annual figures published by Money&Co. Fund manager Nicola Horlick’s lending platform Money&Co lost £400,000 in the last financial year as potential investors ducked taking out its ISAs amid the Covid crisis. Horlick, once dubbed the “City Superwoman”, set up Money&Co and its holding company Denmark Square in 2013 as […]
Small- and medium-sized enterprise (SME) borrowers have been urged to apply for government-backed emergency loan schemes through the biggest player in the UK’s direct-lending market, Funding Circle, before the schemes end. Our friends at P2P Finance News report: The peer-to-peer lending platform, which has received accreditation for both the coronavirus business interruption loan scheme (CBILS) […]
Times are changing. Regular readers of this News section will know our consistent interest in the relationship between mainstream finance and the FinTech sub-sector of alternative finance. Early mainstream acquisitions of altfi assets were often disastrous, and both sectors are finding a way of getting closer to one another. The latest comes from a founding […]
Today, we bring you the latest in the confetti storm of information as to how business is faring in the Covid-19 crisis. The various news stories reinforce our view – taken many months before the advent of the virus – that property-backed and other asset-backed niche lending is the way to go. Our friends at […]
Regular visitors to this site will be aware of our vision for the direct-lending sub-sector of FinTech. Property-backed and niche, asset-backed lending (eg, against music rights) is the way forward. Our friends at UKTech News report an interesting deal that ticks one of our preferred boxes: Offr, the prop-tech platform digitising the buying, selling and leasing […]
The Covid cashflow mini-crisis for SMEs is being reported, albeit in a piecemeal way. Our friends at UKTech News bring us the latest on SME cash flow issues, as researched by the news outlet and Lloyds Commercial banking: Joint research conducted by Lloyds Bank Commercial Banking and UK Tech News has delved into how the […]
Our friends at P2P Finance News run a nicely written piece of advertorial, aimed at persuading the reader of the benefits of diversification, or spreading risks in investment. We carry an excerpt from the piece, because it makes good sense – you can decide whether you want to buy the book it’s plugging for yourself. […]