It’s going to be an interesting year ahead. In a darkly uncertain world, our friends at AltFi offer a small light of certainty: “Without a shadow of a doubt, the battle for Open Banking supremacy is going to be one of the defining fintech stories of 2021,” they report. This nascent industry has roared into […]
Two snap shots of today’s FinTech sector. The first is superficial, but f they’ve nothing better to do…? What’s in a name? AltFi reports: Industry body the Digital Finance Forum (DFF) has given itself a fresh lick of paint, rebranding as Fintech Founders. DFF was launched back in 2016, with the aim of creating stronger […]
In case you hadn’t noticed, Bitcoin has been enjoying a surge in popularity. The Covid-19 crisis parked interest in alternative stores of value – with gold the prime beneficiary. Now cryptocurrencies, with Bitcoin once more to the fore, are firmly back in the spotlight. Lat week, the Bitcoin price reacjed $19,850, just above its previous highest […]
Today, we bring you a couple of news items from the trade press. To us, they indicate high levels of activity and preparation for vigorous business activity in a world that re-emerges into a new version of normality, now we can look forward to control and perhaps even the extinction of Covid-19. Banking provider Bud has […]
AltFi reports good news on a FinTech outfit which has been – and continues to be, despite this item – surrounded by less than flattering rumours. Below is an excerpt from AltFi’s report (published yesterday) and a share price chart – of purely indicative nature, Googled today – showing a positive market reaction to the […]
The wait-and-see period continues. As we deal with the second Covid-19 wave and wait for vaccine rollout there’s much belt-tightening and general preparation for the battle to come in a world that reverts to the new version of “normal”. In FinTech, we’re seeing plenty of jockeying for position. AltFi reports the latest: London-based Zilch has today become […]
The seething mass of mutually contradictory signs ahead of Brexit offers, as you’d expect, no clarity – just confusion. Is the story below a sign of enthusiasm, or desperation? Time will tell. Our friends at AltFi report: Industry body Tech Nation has today revealed that applications for the Global Talent visa have jumped by 48 […]
There is life in the direct-lending sector yet. Peer-to-peer lender Mintos is gearing up to launch its first crowdfunding campaign on Crowdcube, as reported by our friends at AltFi: The round, which is set to go live in the second half of November, will form part of a larger fundraising effort with cash being raised from several […]
The UK’s SMEs fear the second wave of Covid-19 more than they fear Brexit. In our opinion, both are potentially devastating. Our friends at AltFi report: Almost half of British businesses fear the impact of the second wave of Coronavirus, more than they fear the impact of Brexit, according to new research commissioned Nucleus Commercial Finance. […]
Regular readers of this News section will be aware of Money&Co.’s increasing focus on niche markets, such as music-rights lending, and property-backed loans. Our friends at AltFi report on the current shape of the overall UK alternative-finance lending sector here: LendInvest was responsible for the lion’s share of peer-to-peer property lending in 2019, accounting for a […]