Asset Sale Shows FinTech Migration To Asset-Backing Continues
The trend for established FinTech players to migrate towards asset-backed loans – consistently identified in this News section – continues. Our friends at AltFi report: Listed lending fund Honeycomb has disposed of £44.6m of consumer unsecured whole loans to Tandem Bank in August, according to a stock market update. Honeycomb says the sale “is in line with the Company’s […]