The latest news from the world of Alternative Finance and FinTech
In the news this week
RateSetter’s Innovative Finance ISA (IFISA) has been welcomed with open arms. The P2P lender has revealed that over 5,000 IFISA accounts were opened in the first month since the product’s launch. More impressive is that this equates to a quarter of total IFISA accounts opened across the whole industry in the last tax year. In other news, a global watchdog has warned that central banks risk endangering the stability of the global financial system by launching their own digital currencies.
RateSetter has revealed that over 5,000 Innovative Finance ISA (IFISA) accounts were opened in the first month since the product’s launch. This equates to a quarter of total IFISA accounts opened across the whole industry in... (P2P Finance News)
Central bank cryptocurrencies could cause deposits to flow out of traditional banks and endanger the stability of the financial system at the next crash, according to an influential central bank body. (City A.M.)
Oaksmore has launched an Innovative Finance ISA investing in projects to restore historic British buildings and heritage sites. The Oaksmore ISA is offered through Oaksmore Portfolios AIFM, a regulated alternative funds provider. (FT Adviser)
Ensuring you have enough fodder for your social media activities is always a hard one. On one hand, you want to maintain quality but the other knows you need to post regularly enough that you keep your business front of mind. Finding a happy medium is the aim and that’s why we’re going to explain our top 20 social media updates.
After the initial commotion surrounding January’s introduction of the EU’s Open Banking regulations, things have gone a little quiet, in the media at least. Some might say this is down to the fact that five of the nine major UK banks that had been set the January deadline asked for extensions varying from weeks to a few months...
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