It’s too early to tell definitively, but the strong indications are that the digital economy is robust and leading the way forward for business in the UK. Money&Co., for example, has been operating smoothly under lockdown – and, as we see today in the following report from our friends at AltFi, deals are being done. […]
We revert to a familiar theme: mainstream investment into the alternative finance sector. Our friends at AltFi reports on a rose amongst thorns. Listed fintech VC fund Augmentum Fintech is joining two key FTSE Russell indices on 19 June as it is now counted among the 620 largest-listed companies on the London Stock Exchange. Augmentum will be added to […]
Regular readers will be aware of our reporting on the way mainstream finance has invested – often rashly and prematurely – in the alternative finance sector. After a long period of difficulty, things appear to be turning round for publicly listed investment fund, Honeycomb Investment Trust. The fund has seen an increase in institutional investor […]
Here’s some of the fallout from the IPO of platform lender, Funding Circle, as reported by our friends at AltFi. US asset management giant T. Rowe Price has built at 7 per cent stake in Funding Circle following an all-time low for the marketplace lender’s share price. Rowe Price, which is also a very significant […]
Maturity and balance are slowly coming to mainstream finance, following the headlong rush by big investors to get into the alternative finance sector. P2P Finance News reports on the latest from an investment trust that is seeking to do a number of sensible things – including getting some diversity into its balance sheet. Approximately £85m […]
The gap between alternative finance and the mainstream gets ever closer. Whether the fresh thinking from the alternative sector will inform mainstream thinking or whether the alternative will simply become subsumed within conventional ways of doing business remains to be seen. Our friends at AltFi report the latest. Michael Spencer, the billionaire Icap founder, is […]
Regular visitors to this site that will be aware that we monitor and regularly report on the evolving relationship between platform lending and mainstream finance. The investment vehicles that rushed in early and took stakes in platform lenders at high valuations have had some tough times. There will be more ups and downs before this […]
Today, we bring you a story of a dramatic revaluation of a platform lender – one with a very different business model from our own, but a member of the sub-sector none the less. What’s the moral of the tale? We think it’s simply that mainstream finance got its valuations wrong a few years ago, […]
Regular readers will be aware that we report regularly on the ups and downs (mainly downs so far) of the mainstream’s attempt to participate in alternative finance. Today we see and up- – and a down – as reported by our friends at AltFi. Upper Draper Esprit, the Dublin-listed venture capital firm which has been […]
The uneasy relationship between mainstream finance and the P2P sector continues. One direct consequence of the defenestration of P2P’s biggest player, Funding Circle, from the FTSE 250 Index is the simple bearish fact that index funds will no longer hold the stock automatically. Pension funds and other institutions will also take a long second look […]