We’re still wondering quite what’ been happening under cover of Covid-19 and its mutations. Our friends at P2P Finance News report on the latest survey from the British Business Bank: UK businesses received more than £18bn in private debt lending during 2018 and 2019, highlighting the significant role that the private debt market can play in […]
Savers are still suffering in the UK. Retail price inflation is currently 1.4 per cent. Meanwhile, this news nugget, as carried by our friends at Finextra is as close as savers have got to good news after many years of such accounts underperforming inflation. This rate is relatively good… Marcus by Goldman Sachs has re-opened its […]
These are extraordinary times. Populism’s arrival in the financial world is just beginning to make itself felt, in extraordinary ways. The battle between the crowd and hedge funds, fought over the shorting of GameStop via the trading platform Robinhood (good name, if a little on the nose) is just one example. The crowd following Elon […]
More for Monzo may sound like a 1980s sitcom title, but it’s actually a news item that shows yet again the weight of money headed into alternative finance. Finextra reports: Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital. The new capital, […]
Regular visitors to this News section will be aware that we believe 2021 is set to be the year the token. On the back of the resurgent strength of cryptocurrencies, digital money has been gaining acceptance from the mainstream. The story below cold be seen as this century’s version of a rights issue. Finextra reports: […]
Once upon a time “crowdfunding” was not just a buzzword, but a widely misunderstood one. For a while it was synonymous in some minds with the idea of equity investment in small, highly speculative start-up businesses – many of which fail (as many as three in four after three years, according to some sources). We […]
Today, we bring you a new snippet from the running theme as reported in this News section of convergence between the mainstream and the alternative-finance sector, with the announcement of the grant of a new banking licence. Our friends at AltFi report: SME credit card lender Cashplus is now a full-on SME bank. This morning the Prudential […]
Today we bring you a snippet of news from the ongoing battle – or should that be war? – between the mainstream financial authorities and the digital eco-system. Our friends at Crowdfundinsider report: Ripple has accused the Securities and Exchange Commission of distorting the facts about the status of its cryptocurrency XRP in its first […]
The leading asset class so far this year? Irony, apparently… AltFi runs a leader that’s both pithy and witty. We have our own views on the democratisation of finance – specifically as manifested in tokens and digital currencies – and we’ll be bringing these to you in a series of blogs shortly. Meanwhile, read and […]