Times are certainly interesting in the world of alternative finance. Starling Bank, one of the UK’s leading digital banks, has already demonstrated impressive organic growth – and has recently announced aggressive expansion plans. Our friends at Finextra report Starling’s desire to acquire a lending platform: Starling Bank has set its sights on buying a lending […]
Much of the FinTech sector is in a state of suspended animation as the virus effects pan out. We’ve long been predicting a period of consolidation in the UK’s platform, or peer-to-peer (P2P) sector, and Crowdfundinisder brings news of fall-out in the American P2P market. This includes a story of a possible “fire sale” of […]
There are relatively few new offerings in platform lending just now – for obvious reasons. Many investors have chosen the flight to cash (see this piece from AltFi on record inflows into an Octopus cash account). But we have an offering that bucks the trend – for all the reasons set out just below. The […]
The oscillations of the world’s equity markets are a good indicator of instability and uncertainty in the underlying economies. While we appreciate that this is hardly news, that instability may have an effect on the ability of small- and medium-sized companies to service funding debt of the kind facilitated on platforms like Money&Co.’s. For the […]
The new Chancellor has announced a government review into the UK’s FinTech sector with the apparent purpose of supporting its growth and competitiveness. P2P Finance News takes up the story. The review was unveiled during Chancellor of the Exchequer Rishi Sunak’s first Budget. It will be conducted by Ron Kalifa OBE, executive director of payment […]
A recurring theme of our news coverage is the transition of alternative finance to the mainstream. P2P Finance News reports on another aspect of the evolution of the sector – the continued use of self-funding by the owners of small- and medium-sized businesses (SMEs). This something that platform lenders such as Money&Co. approve of – […]
We are approaching the time of year when tax planning is typically very popular. With this in mind, we thought we’d remind readers of our very popular service designed to limit Inheritance Tax (IHT) liability. IHT kicks in for estates of £325,000 or more. See more on our service below. What are the main benefits […]
Our new loan offering is the chance to be an Angel – in the old-fashioned sense of someone who finances art (a play, a film, etc). But in sharp contradistinction to the old-fashioned Angel’s risk profile, this offering has been rated A+, our highest-grade risk profile. This is because of a combination of factors, including […]
Ahead of the “ISA season” – aka the frenzy to invest before the end of the tax year on 5th April, we offer the final instalment of our review of platform lending. Below we look at the major similarities and differences between Innovative Finance Individual Savings Accounts and (IFISAs), which allow investors to hold platform […]
The performance of the alternative finance sector in the UK has been strong. Regular readers will know that we expect more inward investment and lots of interesting deals in alternative finance generally – and platform lending in particular – this year. Our friends at City A.M. report: The UK has secured its place as the […]