AltFi News - 27.01.17

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech world
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Peer-to-peer savers still denied Isa tax-breaks - nine months after they were promised them

 

It has been nine months since the Innovative Finance - or "peer-to-peer" - Isa launched, but investors are still faced with a dearth of choice, as the watchdog has yet to approve the major providers. (The Telegraph)


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Peer to peer strikes a chord with younger generation


The millennial generation are four times more likely to have money invested in peer to peer than people aged 55 and over, according to research from ThinCats. (Small Business)


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Fintech 'boom' risks fresh 'bust' if left unchecked, warns Carney


Global regulators must monitor developments in financial technology closely in order to avoid the "boom" and "bust" cycles that have characterised previous advances in financial innovation, according to Mark Carney. (The Telegraph)


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P2P finance platform Assetz Capital targets South East tilt


Peer to peer (P2P) finance platform Assetz Capital has signalled a renewed push for business in the South East after bringing in a former HSBC commercial banking manager to head up its business in the region. (BDaily)


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P2P platform offers first property-backed IFISA


Peer-to-peer (P2P) platform LandlordInvest has become the first provider to offer a property-backed Innovative Finance ISA (IFISA) after receiving HM Revenue & Customs approval as an ISA manager. (Professional advisor)


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