The latest news from the world of Alternative Finance and FinTech world
In the news this week
This week has seen P2P lending reach a significant milestone. Since it all began with Zopa in 2005, over £10bn has been lent across 23 UK P2P platforms! The good news continues for those in the sector; MarketInvoice marks another record quarter, PropTech platform Landlordinvest raises seedfunding and Assetz Capital bids to lend £300m after profitable year!
MarketInvoice marks another record quarter
Peer-to-peer invoice finance platform MarketInvoice is celebrating its best quarter since its launch in 2011.(Peer2Peer Finance News)
Peer-to-Peer lending passes 10 billion mark
Peer-to-peer lending has reached a significant milestone since Zopa launched the world’s first P2P platform ... (The Marketing Eye).
Peer-to-peer protech platform Landlordinvest has raised seed funding in a round led by Alan Gabbay, director of O&H Properties. (Startups)
The UK's biggest peer-to-peer lender appointed a new CFO
Funding Circle, the UK's biggest peer-to-peer lender, appointed Sean Glithero as the company's chief financial officer. (Business Insider)
Former Barclay’s CEO Warns Banks of ‘Kodak Moment,’ Pushes to Embrace Fintech
Former CEO of Barclay’s, Antony Jenkins, has warned the banking community of a coming ‘Kodak moment’ for banks and financial institutions unless they embrace the coming fintech technology revolution. (Coin Telegraph)
Kuflink launches IFISA with two fixed-term products
Kuflink has become the latest platform to launch an Innovative Finance ISA (IFISA), two months after receiving Financial Conduct Authority (FCA) authorisation. (Peer2Peer Finance News)
Banking startup Tide raises $14 million to 'give small businesses back their time'
Banking startup Tide raised $14 million in one of the largest Series A funding rounds closed by a fintech company this year. (Business Insider)
Assetz Capital bids to lend £300m after profitable year
Assetz Capital has revealed that it made a seven-figure pre-tax profit during the 2016/17 financial year, while revenues have now reached over £10m pa. (Bridging & Commercial)
The Marketing Eye says
The Marketing Eye hosts InsurTech roundtable
The Marketing Eye was delighted to host a recent roundtable of some of the brightest talents in InsurTech at the offices of Incisive Media in Soho.
IMPRA 2017 – a showcase for Industry talent & innovation
‘Great occasion, great venue and great showcase for the Insurance industry’ sums up my feelings about the Insurance Marketing and PR Awards (IMPRA) 2017.
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