AltFi Date has announced its predictions for 2106. AltFi, with its Liberum association, has some of the best data in the market. These predictions are made using a regression analysis algorithm, with a qualitative overlay. The basic message is: stand by for blast-off. We’ll be bringing you Money&Co. CEO Nicola Horlick’s predictions next week. Meanwhile, […]
Power to the crowd… Alternative finance goes from strength to strength. We recently reported that crowdfunded loans have breached the £4 billion level in the UK. On the equity side of the the amount of funding raised by UK start-ups is also soaring. “[Raises] via the government-backed Seed Enterprise Investment Scheme (SEIS) topped £163 million last year; […]
The rise and rise of crowdfunding in general, and the peer-to-peer (P2P) business-lending sector in particular, continues. New figures from AltFi Data show that UK P2P lenders’ cumulative business now stands at more than £4 billion. Britain is way ahead of the rest of Europe, which together amounts to just over £1 billion. “As we often […]