AltFi News - 05.05.17

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech world
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Going round in circles

 

The recent news that peer-to-peer lending platform Funding Circle plans to stop all property development lending by mid-2018 came as something of a surprise. (Bridging & Commercial)


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Challenger Iam Bank to launch in UK


The UK will be getting yet another challenger, with Iam Bank – calling itself the “Apple store” of banking – preparing to launch online and with branches. (Banking Technology)


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Barclays launch Europe's largest co-working space for financial technologies in Shoreditch


Barclays is focusing on boosting its fintech credentials with the opening of its flagship innovation site Rise London in Shoreditch, which it says will be Europe's largest co-working space specifically for financial technologies. (CITY A.M.)


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Apple Has Deeper Plans For Mobile Payments


We all knew that Apple had some significant ambitions in the mobile payments field, having been a large part of starting the field in the first place with Apple Pay. (Payment Week)


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RateSetter buys former wholesale lending partners


RateSetter has fully acquired two former wholesale lending partners and bought a stake in another, meaning it can still lend to the firms’ customers without flouting the City watchdog’s rules. (Peer2Peer Finance News)


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HSBC deputy general counsel departs to join fintech startup


HSBC deputy general counsel Richard Given has left the bank after six years to join a fintech startup founded by former Barclays chief executive Antony Jenkins. (Legal Week)


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Click here for news and insights from the world of Alternative Finance and FinTech

 

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