Tag Archives: Altfi

Bounce-Back Scheme Offers (Relatively) Good News – Plus Loans Latest

Act first, reflect later. That seems to have been the motto of the UK government during the pandemic. It’s a strategy that’s worked very well for vaccinations, but the attempts to throw money at the financial services sector appear to be just that, and little more. Our friends at AltFi report some (relatively) good news: […]

FinTech’s Crypto Offering Moves Towards Mainstream – Plus Loan Latest

Digital bank Revolut is in the vanguard of bringing the alternative-finance sector into the mainstream. Its latest move takes it closer to becoming a one-stop-shop for all of its users’ financial needs. Our friends at AltFi carry the tale: The fintech, which is well on its way to becoming a financial ‘super app’, has added 11 […]

Equity Crowdfunding Merger Hits Rocks. Plus Loan Latest

Further to yesterday’s news item, the big equity crowdfunding deal on the other side of the alternative-finance fence has hit the regulatory rocks. AltFi reports: Just hours after the Competition and Markets Authority (CMA) threw a wrench in Seedrs and Crowdcube’s plan to merge, both platforms have agreed to terminate the merger. “We’re obviously disappointed with the CMA’s findings but we […]

FinTech Challenger Banks Set Sites On Champion Status

The days of the “challenger” banks are surely soon to end. Quite simply, the FinTech challengers are set to become the champions. Our friends at UK TechCrunch report the latest and most significant big deal in the sector: Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller […]

FinTech Players Still Jockeying For Government SME Funding Scheme Position

The tumult of news continues. Some of the FinTech sector’s players are jockeying for position ahead of the return of whatever it is we’re going to call normality once the Covid-19 epidemic has abated. Our friends at AltFi have an exclusive on the latest FinTech outfit to join the government’s various SME funding initiatives: Nucleus […]