In the news - 29.07.16

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech
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UK peer-to-peer lending volume is down for the first time

 

UK P2P lenders lent £658 million in Q2 2016, down 8% from £715 million in Q1 2016, according to data from the P2P Finance Association (P2PFA). (Business Insider)


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GLI Alternative Finance to change name to SME Loan Fund


GLI Alternative Finance PLC said it will change its name to The SME Loan Fund PLC from the end of August in order to reflect a change in its strategy. (London South East)


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ThinCats launches tax-efficient social investment product


Former ThinCats CEO and current Chairman Kevin Caley has launched Community Chest, which he claims is the UK’s first “peer-to-peer for good” proposition. (AltFi News)


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Global blockchain consortium Agentic Group opens in London


Agentic Group, a New-York-based global blockchain consortium, today announced their expansion into the UK with the opening of their London office. The launch of Agentic UK aims to boost the FinTech sector following the Brexit vote in June, said a statement. (IBT)


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Santander to invest £75 million in UK’s FinTech businesses


Santander Group’s London-based FinTech venture capital fund, Santander InnoVentures, is to invest £75 million in the UK’s FinTech community. (London School of Business & Finance)


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UK FinTech industry can benefit from standards says new research


New research published by BSI has revealed the important role that standards could play in helping to strengthen and speed-up FinTech’s development in the UK. The research, prepared by Finextra, gathered insights from a cross-section of FinTech companies, banks, trade associations, technology vendors and wider, and has been published in a new report entitled A Roadmap for Fintech Standards. (CCR Magazine)


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WPIC and BullionVault join forces to launch new online marketplace for physical platinum


The World Platinum Investment Council (WPIC) and BullionVault announced a new agreement this week to offer physical investment platinum on BullionVault’s online marketplace alongside its existing gold and silver offerings. (World Platinum Investment Council)


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