In the news - 15.01.16

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech

HMRC clarifies P2P tax treatment

An update from HM Revenue & Customs has detailed the investor, not the peer-to-peer lending platform, will have to pay the tax bill and notify the government about interest paid. A brief, published on 8 January, set out HMRC’s current position on the obligation to deduct income tax at source on interest that is paid on P2P loans. (FT Adviser)

read more

FinTech to seriously disrupt banking in the next five years

Fintech providers could pose a real threat to banks within five years, according to new research which shows that by 2020 half of consumers expect to use a technology outfit for at least one service their bank would usually provide. (ITProPortal)

read more

ISA wrapper to put P2P on the map for investors close to retirement age

One in four investors aged over 55 will consider moving money onto peer-to-peer lending platforms once the new innovative finance ISA launches in April, according to research from ThinCats. (The Economic Voice)

read more

LendInvest hits £500 million funding milestone

Peer-to-peer lender, LendInvest, has lent over £500 million to property entrepreneurs, after launching less than three years ago. (Mortgage Finance Gazette)

read more

Small businesses prefer challenger banks to high street rivals

Small businesses that are clients of “challenger banks” are likely to be happier with the service they receive than those that use the biggest high street lenders. The top-ranked lenders in a survey of about 12,000 small and medium-sized businesses were “challenger banks”, while most big banks were rated below average, according to a Financial Times analysis of the research. (FT)

read more

Banks charging small businesses £4bn a year in hidden costs

Banks in the UK have been accused of charging small and medium-sized enterprises (SMEs) £4 billion a year in hidden transfer fees each year to make international payments, according to new research conducted by payments consultancy Accourt on behalf of foreign exchange and payments service Money Mover. (Fresh Business Thinking)

read more

Study shows UK SMEs are uneasy about growth

SMEs are becoming increasingly nervous about growth, a new survey has revealed. Bibby Financial Services (BFS) polled more than 1,000 small and medium-sized businesses, and found that just 36 per cent expect to grow during the first quarter of this year, City AM reports. This compares with 46.4 per cent three months ago. (SME Insider)

read more

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


Need help with marketing?

Contact us today and we can help you develop a marketing strategy that drives quality engagement in your business.

Download our app

app store
google play app store


Take our instant marketing healthcheck

Simply answer a few questions and you'll receive an assessment of your current
performance and specific advice on where your marketing focus should be.

Click here to take the test



Get in touch. We’re here to help

T 01825 765617   E   W

3 More London Riverside London SE1 2RE

Operations Centre 122-126 High Street Uckfield TN22 1PX



Take the first step

To find out more about how we can help you grow faster, please get in touch. We'd like to hear from you.  Or try our instant marketing healthcheck, it's free!

Request a call