Tag Archives: covid-19

FinTech’s Talking About A New Way Of Working – Plus Loan Latest

Amid all the dark prognostications surrounding Covid-19, the news surrounding the FinTech sector is relatively good. Certainly, for cloud-based businesses such as Money&Co., it’s been relatively easy to find a new way of working. Our friends at UK TechNews report on a different way of doing business in the sector: The “new normal” is a […]

Two Snapshots Of FinTech In A Covid-19 Environment

Today, two snapshots of the wild world created by Covid-19. We leave you to decide which scenario you find more credible. First, fine words from the British Business Bank. AltFi reports: Fintechs will be “even more important” coming out of lockdown than they were during lockdown helping smaller businesses return to normality, according to the British Business […]

Covid-19 Crisis, IFISAs, And The Road Ahead For Direct Lending

Money&Co. CEO Nicola Horlick has pointed to a substantial drop in Innovative Finance ISA (IFISA) inflows this years. She argues the Covid-19 crisis is a major contributor factor to the downturn. Nicola spoke to our friends at P2P Finance News, and we offer their accurate report of a recent interview as a reprise of Nicola’s […]

Covid, ISAs And The Asset-Backed Lending Future

The Evening Standard reports on recent annual figures published by Money&Co. Fund manager Nicola Horlick’s lending platform Money&Co lost £400,000 in the last financial year as potential investors ducked taking out its ISAs amid the Covid crisis. Horlick, once dubbed the “City Superwoman”, set up Money&Co and its holding company Denmark Square in 2013 as […]

The Covid Crisis And Its Unclaimed Millions

The stories are yet to be told. But the critics who argue that the government’s strategy for the Covid-19 crisis consists of throwing money at things may have a field day with this news report from our friends at Crowdfundinsider. We’ll keep monitoring the situation. Meanwhile, here’s an excerpt from the tale: Emergency COVID-19 funding […]

Covid-19 And Home-Working Claim TechHub Victim

In the grand scheme of changes effected by the pandemic crisis, working from home is far more widely accepted than before. Put another way, Covid claims a victim in the FinTech resources space. Our friends at Finextra report: London’s TechHub has been forced into administration due to a revenue drain from startups feeling the pain […]

Covid Necessities Mother AltFi Invention

The pandemic has certainly been an agent for change. The need to adapt strategy and business direction has become a matter of survival for both mainstream and alternative financial sectors. The inventiveness, mothered by necessity, may even see one of the oldest and best-established direct lending platforms morph into an altogether different type of financial […]