The future lies undoubtedly in cryptos. But one of the greatest imponderables of 2022 is whether one of its most abstruse manifestations will catch on. The problem is, simply, the sheer incomprehensibility of the usage. Here’s a quote from an earlier blog on Decentralised Finance (DeFi): DeFi protocols enable for the first time to borrow […]
Today, we bring a counter-cultural snippet. Central banks are set to roll out their own digital currencies soon (not the same as cryptocurrencies, which are driven by an independent algorithm). A recent blog explains the situation. Central banks and their governments are understandably desperate to establish their own digital currency as the dominant world brand. […]
The revolution is coming – in the form of Revolut. Revolut has a pending application for a UK banking licence, and is expanding rapidly across Europe. Our friends at Altfi run the story: Digital banking challenger Revolut is inviting more of its customers to upgrade to a full bank account, after rolling out its Lithuanian banking licence across ten […]
Bright new digital dawns are the theme of the early part of the year. But the flip side is the possibility of dark night, as reported by our friends at Altfi, who examine the risks inherent in the digital technology embraced by challenger banks. Concerns are growing that an Amazon Web Services (AWS) outage could one day take […]
This year will surely be the year of the cryptocurrency. Cryptos will arrive in the UK high street – you’ll be able to buy goods from Boots, and the tiny number of crypto-friendly ATMs (with uses such as buying tickets or a currency) is set to expand dramatically. Only a few steps behind all this […]
It’s still early in the year, very much prediction season. A flash indicator of exciting times ahead comes from Goldman Sachs, which is throwing its weight behind a rosy future for Bitcoin, with a call for a $100,000 price target. Our friends at Finextra report: A new report from the Wall Street behemoth shows that […]
Boom times? There are many regulatory and process hurdles to be negotiated, but the UK FinTech sector raised an impressive $11.6bn during the calendar year of 2021, according to figures from Innovate Finance, as reported by our friends at Altfi. According to Innovate Finance, and harnessing data from PitchBook, the sector smashed its pre-pandemic record of $4.9bn […]
The new year will see a step change on the acceptance of crypto and digital currencies. Cryptos are decentralised digital currencies, controlled by an independent algorithm. Digital currencies are often centrally administered money in a cute digital format. In the UK, we’ll see retail outlets such as the chemist, Boots, take digital payment. That’s just […]
The new year makes itself welcome with a little of what we know works and works well. Our strategy here at Money&Co. has been public for some time. We are interested in doing solid deals in the sectors that we know work well. This means: first, property-backed loans, where lenders’ interests are protected by a […]