Today we bring news of expansion of our FinTech sector across Europe – all of this ahead of new loan offerings landing shortly on site, as previously highlighted here. Our friends at Altfi report: SMEs across Europe hungry for cash have a new digital bank to turn to in the form of Fibr, which launches […]
Digital banks, challenger banks (not quite the same thing) and the open banking initiative are individually and collectively ringing changes in the alternative-finance sector. Our friends at Altfi report the latest: UK Open Banking is undergoing its biggest shakeup in years. The body established by the CMA’s Retail Banking Market Investigation Order in 2017 to deliver open […]
The universe of financial technology is expanding fast. The most significant growth is in the banking area, with new digital banks seeking to enter the market and challenge the mainstream almost every day. Our friends at Altfi offer the latest news. New neobank Chase has partnered with 10x Banking, to launch its entry into the UK retail […]
The pandemic does have a silver lining – albeit a very faint one. Trust in UK banks has risen over the past year, according to research conducted by our friends at AltFi. Despite the financial uncertainty prompted by the pandemic, across several different areas trust appears to be rising both in neo banks such as Monzo and Starling […]
Yet more on the migration of the alternative, digital banks into the mainstream. Our friends at Altfi report: Banking licences are hard to come by and take years of preparation but the UK’s digital banking space just got its latest fully-fledged member. Bank North, which changed its name from B-North upon securing its licence, has […]
One of the recurring stories in alternative finance – especially in cryptocurrencies – has been the struggle of regulators to keep up with the pace of innovation. The authorities have done much better in keep a vigilant bur benign eye on what one might call “mainstream digital” finance – challenger, digital banks are a prime […]
Today, we offer a snapshot of our super-busy alternative-finance sector as the mainstream, in the form of investment funds and venture capital players, buys in yet again. Our friends at Altfi report a couple of significant deals: First off is Kroo, a UK fintech aiming to win a bank license, has raised £17.7m in its […]
A share price is normally just a share price. But here’s an instance of a stock’s moves which actually represent the nature of the business itself. “Meme stock” marketplace, Robin Hood, was recently floated in the US. The company has a share price as volatile as the meme surges it has facilitated. Our friends at […]
The sceptics have had their day. In case you hadn’t noticed, cryptocurrencies have almost certainly gained critical mass in their acceptance by mainstream finance. Moreover, the enthusiasm for cryptos among the general public is strong and growing, with evidence to this effect appearing daily for those who want to see it. Our friends at Altfi […]
Looking at the digital economy and what is still referred to (though surely not for much longer) as alternative finance, it seems that a clear way forward is emerging. It will have emerged when alternative finance is no longer seen as alternative, but simply a variation of the mainstream. Our friends at Altfi run a […]