AltFi News - 20.01.17

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech world
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P2P lender Saving Stream reaches £250m milestone

 

The platform, which is owned by bridging and development finance provider Lendy Finance, provides loans up to 70% loan-to-value and has attracted 13,000 registered users. (Mortgage Introducer)


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UK equity crowdfunder to host UK leg of Chinese startup contest


Seedrs, a leading equity crowdfunding in the UK, has joined forces with the China Innovation and Entrepreneurship International Competition (IEIC), and will host the UK national final at its offices on 28 March 2017. (AltFi)


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Pressure mounts for decent savings as inflation hits two-year high


Inflation hit a two-year high in December 2016, rising to 1.6 per cent, official figures have revealed. (Peer2Peer Finance News)


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Scotland warned to embrace Fintech or risk consequences


Financial technology (Fintech) is developing rapidly, utilising software and programming code in innovative ways. It is driving efficiency up and costs down. (Scotsman)


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Is bank small business lending making a comeback at expense of fintech?


Many of the Fintech lending initiatives have been dead set on helping the poor small business (“SMB”) that in the past had to borrow on credit cards, and if they were lucky, banks. (Spend Matters)


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