Monthly Archives: November 2021

The Dog Fight Between Public And Private Sectors For Digital-Currency Supremacy

Martin Baker, Money&Co.’s director of communications, continues his journey through the fast-changing and intensely competitive world of digital currencies  Private v Public Digital Money One of the reasons the central banks are so keen to popularise CBDCs is the fear that investment and digital banks will privatise the money supply. The private sector is scrambling […]

Open Banking Opens Up – Plus Loan Latest

The UK’s leading financial regulator the Financial Conduct Authority (FCA) has introduced a liberal measure that many in the industry see as a major stimulus for the growth of open banking. This will see further convergence between the alternative-finance sector and the mainstream. Our friends at Altfi report: [The FCA] is looking to scrap a key […]

UK VCs Chase FinTech Chances – Plus Loan Offer Latest

The UK’s venture capital industry has been very active in investing in the FinTech sector – more so than its US counterpart, according to research (see below). Our friends at Finextra offer a report, but we’d add just a short comment: perhaps the relative strength of VCX interest may be partially accounted for by the […]

Latest Tranche of A-Rated Litigation Loan Yielding 7% Lands On Site

A new £77,600 loan offering, yielding seven per cent and risk-rated A, has landed on site. The lender is seeking to fund claims for financial mis-selling. The term of the loan is 15 months. Below are some details  from the borrower’s pitch – as ever, we’ve done due diligence but cannot warrant or guarantee the […]

Digital Banks Continue March Into Mainstream

Revolut and Starling are among the leaders of the “challenger” banks bringing the digital revolution to the mainstream. Regular Altfi visitors to our News site will be familiar with both banks. Our friends at Altfi bring news of the latest digital incursion into the mainstream. Nearly six months on from its acquisition of Fleet Mortgages for £50m, […]

European CBDC Moves – Plus Loan Offer News

Last week we wrote up news of the advent of Britcoin, the UK’s own central bank digital currency (CBDC). Today our friends at Finextra bring word of the latest CBDC developments in the European Union. The European Central Bank has hired ING’s global director of payments, Evelien Witlox, to head up its digital euro programme. […]