Martin Baker, award-winning journalist and head of communications at Money&Co., continues his take on central bank digital currencies (CBDCs). According to trade commentator NonFungible, trading in NFTs jumped by 300% in 2020 topping $250 million. In 2019, the same report said that the NFT market was a mere $62.8 million having dropped by 68% […]
Fleetwood Legal (FL) has filled 93 per cent of its £250,000 target. The offering has an A rating from our credit committee and has a one-year term. We expect it to fill shortly. Below we offer an extract from our credit analysis. Readers wishing to see the full note and to subscribe to this offer […]
A new loan has landed on site. Fleetwood Legal (FL) has an A rating from our credit committee and offers a yield of eight per cent over its one-year term. Below we offer an extract from our credit analysis. Readers wishing to see the full note and to subscribe to this offer must log in […]
Yet more on the migration of the alternative, digital banks into the mainstream. Our friends at Altfi report: Banking licences are hard to come by and take years of preparation but the UK’s digital banking space just got its latest fully-fledged member. Bank North, which changed its name from B-North upon securing its licence, has […]
One of the recurring stories in alternative finance – especially in cryptocurrencies – has been the struggle of regulators to keep up with the pace of innovation. The authorities have done much better in keep a vigilant bur benign eye on what one might call “mainstream digital” finance – challenger, digital banks are a prime […]
Cryptocurrencies are here, there and soon to be everywhere, as todays’ two news items demonstrate. The Fintech Times offers a crypto-scam update: A poll by European law firm Fieldfisher revealed over 93% of businesses are uncertain or have no idea what to do if they fall victim to cyber fraud. Lack of preparedness for responding to cyber […]
Today we bring you another snapshot, a small piece of a mosaic that, to our minds is building a picture of a revolution in what we all see and accept as money. The situation is evolving very rapidly from one where everyone knows someone who has a stake in cryptocurrency, to one where almost everyone […]
Challenger banks, as they were commonly known, are certainly developing their challenge to the mainstream. Witness the results of a new SME business service survey, as reported by our friends at Finextra. The UK’s Starling Bank has shot straight to the top of charts in the latest rankings of business banking services by the Competition […]
Today, we offer a snapshot of our super-busy alternative-finance sector as the mainstream, in the form of investment funds and venture capital players, buys in yet again. Our friends at Altfi report a couple of significant deals: First off is Kroo, a UK fintech aiming to win a bank license, has raised £17.7m in its […]
The paths of the mainstream and alternative finance sectors are converging. Major institutions continue to demonstrate a healthy appetite for FinTech companies. Meanwhile, many of those FinTech companies are knocking on the door of mainstream acceptance all on their own. Our friends at Altfi bring the latest news of the payments and crypto app Circle , which […]