Tag Archives: FinTech

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 Earlybird Investors Reap Rich Rewards – Plus Loan Latest

Today we bring news of success for early FinTech investors. Crowdfundinsider reprises the news: Six early investors in UK stock trading app Freetrade have seen their stakes in the firm surge to be valued at around £1 million after the business saw its valuation increase to over £265 million, according to a report in the Telegraph. The reported returns […]

Bang Or Whimper? A Report On The Future Of FinTech

Ron Kalifa, a non-executive director of the Court of Directors at the Bank of England and the vice-chairman of WorldPay, has produced a long-awaited report on FinTech. The report starts well – with the ever-changing taxonomy of the industry. The simple point is that if we can’t agree standard terms for what FinTech is, we’ll never achieve […]

SME Funding Platform Shuttered – Plus New Loan Offer Latest

A new snippet of news from the mainstream of financial-services sector reinforces a growing trend we’ve noticed. The mainstream is much better at buying FinTech operations than it is at setting up its own businesses in the sector. This story comes from our friends at AltFi: NatWest has closed Esme Loans, a standalone lending platform it launched […]

New Vehicle Seeks To Make FinTech Assets Investable For Individuals

The FinTech sector was originally a grass-roots movement. The people, led by geeks, were doing finance for themselves. We think here of the early days of Lending Club over a decade ago. This was a peer-to-peer lender doing what individuals wanted and small businesses needed. All long before the advent of investment banks and plans […]

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 […]

Organisation Or Control Issues ? EU Regulators Query Blockchain For FinTech Platform

The EU’s regulators are querying the use of blockchain technology in the creation of a European Single Access Point (Esap). Esap will be a platform “for company financial and sustainable investment information”. The sceptic in us asks whether the reasons for concern – as set out below in a report from our friends at Finextra […]