In the news - 10.06.16

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech
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ESF makes next move, invests £4.6m in Satago


ESF has invested £1.6m in the equity of Satago as well as providing the platform with a £3m credit line. (AltFi News)


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SyndicateRoom launches EIS tracker product


Crowdfunding platform SyndicateRoom has launched an EIS tracker fund set to "challenge the traditional EIS fund management industry". (Investment Week)


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FinTech could hold the key to tackling the UK’s productivity puzzle


Dr Louise Beaumont, head of public affairs and marketing at GLI Finance, argues that FinTech could help boost the UK’s productivity. (Tech City News)


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Ex-Barclays chief Antony Jenkins sets up new FinTech venture


Former Barclays boss Antony Jenkins has registered a new business called 10X Future Technologies which is expected to herald his entry into the world of fintech, following his own forecasts that banking faces an “Uber moment” as innovative rivals shake up the sector. (The Telegraph)


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RateSetter hurdles £250 million in SME loans


RateSetter is reporting it has surpassed £250 million in lending to UK businesses. The benchmark event comes after a series of recent business developments for the marketplace lender. (Crowdfund Insider)


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Treasury chair: Peer-to-peer investors need more protection


Investors in “peer-to-peer” loans need better protection, an influential MP has said. (The Telegraph)


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Crowdfunding total hits £27m in Scotland


Scottish companies raised more than £27 million through crowdfunding last year as the model cemented its credibility as a means of raising finance for business growth and expansion. (The Herald Scotland)


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Crowdcube claims UK crowdfunding crown


Crowdcube is claiming the crown as Britain’s largest crowdfunding platform after raising close to £170 million for entrepreneurs. (Money International)


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