One of the ways in which the alternative-finance sector is converging with the mainstream is the pursuit of banking licences by new, challenger banks. The Times carries a tale of a new would-be bank that has its sights set on a wealthy client base. A former chief executive of the Co-operative Bank, has become chairman […]
The Times runs a feature on the status of Money&Co., which reported a loss – not unusually for an early-stage FinTech business – in its last filed accounts. An excerpt from the article, which can be viewed in full by Times subscribers, is reproduced below. “Ms Horlick said that fresh investment had put [Money&Co.] on […]
The market in which we operate, the peer-to-peer business lending (and now also property-secured lending) sector is maturing. The unqualified early optimism of some has been replaced by a more measured view, as some companies falter and others prosper. See below an excerpt from a recent report in The Times (subscription required). “In peer-to-peer […]
The market in which we operate, the peer-to-peer business lending (and now also property-secured lending) sector is maturing. The unqualified early optimism of some has been replaced by a more measured view, as some companies falter and others prosper. See below an excerpt from a recent report in The Times (subscription required). “In peer-to-peer […]