Regular visitors to this site will be aware of our vision for the direct-lending sub-sector of FinTech. Property-backed and niche, asset-backed lending (eg, against music rights) is the way forward. Our friends at UKTech News report an interesting deal that ticks one of our preferred boxes: Offr, the prop-tech platform digitising the buying, selling and leasing […]
In the current climate of hyper-vigilance, many commentators note a couple of data points and then extrapolate wild conclusions: an uptick means all is well, a bad moment indicates a gloomy end. A more measured approach comes from Accenture – whose full survey of contemporary FinTech health is well worth a read. Despite the global coronavirus pandemic, FinTech […]
We fear there may be quite a few stories like today’s in the news pipeline. Citing Brexit and Covid complications, the Finnish fintech says all Holvi accounts in the UK will expire on 31 October 2020. Our friends at Finextra report: “The UK is a challenging market – and at the beginning of the year […]
Politicians seem to be doing their best to put up barriers to international trade, but the innovators in the FinTech sector are having none of it. He latest example of fearless buccaneering across national borders comes from a former member of the fast-expanding international challenger bank, Revolut. The newly launched Sync. looks like an interesting […]
Mainstream finance has spent a long time coming in the direction of altfi. Now the traffic is definitely two-way. AltFi reports an innovation from a Manchester-based lawyer, who’s heading for the banking space: The founder of a Manchester-based law firm is gearing up for a rollout of a digital bank next year, after the law […]
One of our favourite media epithets is “tight-lipped”, a synonym for “no comment”. Our friends at AltFi showcase a fine example: UK fintechs are remaining tight-lipped on whether they will take up the government’s offer of thousands of pounds for returning furloughed workers to their jobs. The government’s job retention bonus scheme pays businesses £1,000 for […]
The FinTech sector’s start-ups will need to raise £825m to see out the Covid-19 pandemic, according to KPMG’s new research report. KPMG takes a look at the leeway – the cash safety belt – it believes companies will need in times of low activity. Our friends at P2P Finance News take up the story. The […]
A group of some of Europe’s largest FinTechs has joined forces to create and launch a new non-profit organisation, the European Fintech Association (EFA), according to our friends at AltFi. We have a couple of observations on this development. First, it will be interesting to see how the new group fits in with the ground […]
“Resilience” is the buzz word for the FinTech sector just now, as regular readers of this News section will know. Business Manchester reports on continued capital inflows: Figures compiled by Tech Nation and Dealroom for the Digital Economy Council show that investors continue to back some of the UK’s most promising tech teams, despite the challenges posed by Covid-19. […]
The Cambridge Network takes a measured and thoughtful look at the resilience of the UK’s FinTech sector. Resilience will certainly be required. Below, we offer an excerpt from the piece – which can be found in full by clicking here. As members of the UK tech sector meet virtually during #LTWConnects events, figures show UK digital tech […]