The fallout from the government’s emergency measures to combat Covid-19 continues. Given the advent of a second wave of the virus, the ramifications of the financial measures to deal with the first wave seems like small beer. And it is. But have a little drink on us anyway – here’s a report from City A.M.: […]
While the world coughs and worries, FinTech and digital banking move on. As regular readers know, Money&Co. is headed in this direction… We’ll leave out friends at CityA.M. to report the latest. Digital bank Monzo has today launched its business bank accounts to the wider public, introducing a free-to-use Lite account and a paid-for Pro […]
We’ll move on from the theme of political uncertainty following Brexit, but the news is the news. Our friends at City A.M. report on events on the other side of the alternative-finance fence from platform lending in the equity crowdfunding sector: The UK’s largest crowdfunding platform struggled to achieve its targets under the weight of […]
The alternative finance sector is growing fast. This is especially true of the financial technology (FinTech) sub-sector. With rapid growth comes rapid change – so much so that the language we use to describe our industry often struggles to keep up. We’ve often reported here on the need for an established taxonomy for alternative finance. […]
The Budget is coming – and domestic taxation is one of the few areas where the Chancellor can escape the ideological straitjacket of Brexit. CityA.M. is the latest to carry reports of increasing nervousness – see yesterday’s story on this topic – over the Chancellor’s plans for the Enterprise Investment Scheme and Venture Capital Trusts […]
When it comes to advancing money to small and medium-sized enterprises (SMEs), which we think of as the lifeblood of the UK economy, everyone seems to be full of goodwill. But the road to funding hell is paved with good intentions. While the government, the Federation of Small Businesses, trade associations such as the Alternative […]
We have a series of new loan offerings coming up on site soon. Ahead of their arrival on site, we thought we’d revisit the basics that lenders in peer-to-peer (P2P) business loans should acquaint themselves with before committing capital. See this, an extract from our Knowledge Hub: Take the trouble to understand what you’re putting […]
As our latest loan offering marches towards full funding, we bring news of our cousins in peer-to-peer (P2P) lending on the other side of the Atlantic. Our friends at AltFi report: “LendingClub, one of the world’s largest marketplace lenders, has closed its first self-sponsored securitisation. The $279.4m deal was backed by consumer loans that were […]
Today, we take a look across the Atlantic at our American cousins. Money&Co. has close links with the staff of the University of Cambridge’s Centre for Alternative Finance, part of the university’s Judge Business School. The Centre has just published its latest research report on the state of alternative finance in the Americas, approximately one […]
Just as we were once exhorted to Dig For Victory, it seems we’re going to have to Dig Deep For Growth. Our friends at CityA.M. report on the Federation of Small Businesses’ demands for its Small and Medium-Sized Enterprise members as Brexit approaches. “The Federation of Small Businesses (FSB) wants the British Business Bank to […]