In the news - 24.03.16

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech
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RateSetter joins forces with SyndicateRoom


Peer-to-peer lending platform RateSetter has entered into a unique referrals partnership with angel-led equity crowdfunder SyndicateRoom. (AltFi News)


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FCA warned about advisers’ ability to meet P2P rules


Concerns have been raised that advisers will be unable to comply with the Financial Conduct Authority’s requirements on peer-to-peer product due diligence. (FT Adviser)


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Bank lending to property developers halves in just two years to £16bn


Bank lending to property developers has halved over the last two years, making it more difficult for companies to kick-start schemes that could help ease the housing crisis, a new report out by Funding Options claims. (City A.M.)


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British Business Bank Investments Limited partners with Liberis to support funding for smaller UK businesses 


British Business Bank Investments Ltd, the commercial arm of the government-owned British Business Bank, has agreed to provide a facility of up to £5m to Liberis to support finance for small businesses. (Bobs Guide)


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Crowdfunding boosts UK judicial review bids


Dr Nadia Masood, an anaesthetics registrar, and three others wanted to mount a judicial review to challenge the contract, but needed money to pay for it. Within three days they had raised £85,000 on the crowdfunding website CrowdJustice, set up by Julia Salasky, a former Linklaters lawyer. (FT – subscription required)


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Lending Club rediscovers its peer-to-peer roots 


A decade on from its founding as a peer-to-peer lender, Lending Club is rediscovering its roots. (FT – subscription required)


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Alternative finance booming in Australia


Australia’s alternative finance lending market is the third largest in Asia Pacific after experiencing growth of 320% in 2015. (Australian Broker)


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