Without wishing to be holier than thou, we see the wisdom of the latest government pronouncement on the use of credit offered by the British Business Bank. We have no loans of this type, and are not involved in this sub-sector, but enjoy news of the latest excursion into the sector. Meanwhile our friends at […]
We’ve often remarked on the money forwarded to Money&Co. and then left lying on account earning no yield. It seems we are not alone, as our friends at AltFi report: Two years after launching, Zopa Bank has crossed the £2bn deposit mark. The digital bank has seen its volume of deposits double in just the last seven […]
The ambivalence between the mainstream and the alternative finance world continues. And here’s a test case, as reported by our friends at Finextra. We’ll be watching this one with the greatest of interest… The world’s largest crypto exchange, Coinbase, is facing a Federal Class Action lawsuit over allegations that it failed to secure user accounts […]
Will the coming avalanche of high costs really affect you? Well, according to trade media outlet Altfi, a pay bump is reasonable to expect. We were surprised. Really? Well, this is how Altfi reports it: The fintech world took note yesterday after a leading investment bank warned inflation could spiral to above 18 per […]
Our friends at Altfi do some horizon scanning ahead of the much-discussed dark winter ahead. Here’s a short excerpt: While most agree they don’t want a re-run of the worst of 1970s – winter power cuts, strikes, spiralling inflation, bankruptcies, unemployment and sluggish growth – much of it already seems to be happening or […]
It’s out there – but not for much longer – because it’s going fast. Our latest tranche of loan offering is rated A by Money&Co.’s credit committee. The yield is eight per cent, and the term is twelve months. Here’s a detail of the credit note, which can be fully accessed by logging in. At […]
Going, going, going, almost gone… Closing when filled, 93 per cent of biotech company Regenall is now bid for. The company is seeking £100,000, and is at the cutting edge of biotech and cosmesis, led by one of the UK’s most eminent surgeons. The company is risk-rated A, and offers a gross yield of […]
In case you hadn’t noticed, it’s hot out there. And lesson 1.0 in today’s irony course is that the physical heat is a sharp contrast to the nuclear winter that the economy is facing. Rocketing energy bills are precipitating an inflationary and political crisis. But, pleasingly, there’s a good news story to be told. […]
Everyone has an opinion, but the opinions are invariably different. Yes, we are talking cryptocurrencies and their management and regulation. Here come two… First up, Altfi runs a policy statement on crypto policing from Lisa Cameron MP, Chair of the Crypto and Digital Assets All Party Parliamentary Group. She argues lawmakers need keep pace […]
Out of the darkness, light. A new paper reveals the ultimate goal of central bankers and their desire to foist Central Bank Digital Currencies (CBDCs) on the financial system. The paper makes it clear that the ultimate goal is stability in the system – reinforcing the argument regularly made in this News section that CBDCs […]