It’s deal time in the Fintech sector, with IPOs and funding rounds coming to the market, as previously reported here, in profusion. Our friends at Altfi offer reports of two major recent deals. Lending platform CrowdProperty has bagged a £300m five-year institutional funding line with a new unnamed UK asset manager. The latest investment is designed to […]
There’s a lot going on in our sector just now, with a rush of FinTech companies on both sides of the Atlantic seeking IPOs. Crowdfundinisder reports a preparatory step, a funding raise in the UK: FaizPay, a company offering a truly multi-channel fast and fair payments service that’s built on Open Banking rails, has secured 87% […]
Why do valuations of Fintech companies keep tripling? Our friends at AltFi ask, and partially answer, this question… This year so far has seen some of the biggest fintech funding rounds in history, with some of the biggest names in fintech picking up billions of dollars worth of VC funding. In the first quarter of […]
Today sees the launch of the Coinbase IPO on the New York Stock Exchange. This is a major step forward in bringing cryptoland right into the mainstream. We run a short excerpt from a current article by MarketWatch: Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up […]
Here’s another consequence in the current surge in the Bitcoin price, which has traded as high as $60,000 in recent days. We’re not making any investment comment, other than to say as purely personal observation, that despite hearing the many gung-ho radio adverts to attract punters, this isn’t an IPO the writer of this News […]
The biggest landmark event in the FinTech sector since the IPO of Lending Club over six years ago is upon us. It’s another IPO – the flotation of crypto exchange, Coinbase. The share debut will see an explosion of interest and publicity – and, we hope, understanding. Our friends at Crowdfundinsider run a piece that argues […]
More movement in the open-banking sector. The high street and the financial-services sector will look radically different in the summer, when we hope some semblance of normality returns. Our friends at Finextra carry the story. Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers. […]
Perhaps the least surprising news report of the last few weeks comes to us from our friends at P2P Finance News. The word is that “UK peer-to-peer lenders are unlikely to embark on stock market flotations in the near future”. The industry analysts P2PFN has been talking to are surely right. The catastrophic performance of […]
There’s more news from the troubled Lending Club – the direct lender (or marketplace or peer-to-peer [P2P} lender) that has long been seen as a leader in the market in the United States. We take an interest in Lending Club for a number of reasons, not least because its success or otherwise has a direct bearing […]
Starling, a leading FinTech “challenger bank” still has its sights set on an IPO, Covid virus or not. Given the volatile state of the FinTech sector, some might argue this a statement of intent, not a plan. Either way, AltFi carries the tale. Earlier reports of a Starling Bank IPO as soon as 2022 might be on hold, as […]