"Where Are They Now" report on crowdfunding released
Before the age of the internet gave rise to equity crowdfunding, equity in fast-growing young companies was difficult, if not impossible, for most investors to access. (AltFi Data)
Bitbond is the World’s First P2P Lender Using Digital Currency
Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. (Crowdfund Insider)
P2P criteria could become stricter due to matchmaking tool, warns lender
Peer-to-peer (P2P) companies are likely to make their criteria stricter lest they be inundated by the new business finance matchmaking service, a lender has warned. (Bridging & Commercial)
What is the impact of Brexit on the alternative finance market?
A new report by Magic Circle law firm Allen & Overy suggests some stark implications for investors in, and borrowers of, alternative credit. (AltFi Data)
LendingCrowd Milestone: P2P Lender Receives Full FCA Authorisation
UK-based alternative finance lender for SMEs, LendingCrowd, announced on Thursday it has received full authorisation from the Financial Conduct Authority (FCA) and considers itself UK’s second peer-to-peer lending platform and first peer-to-peer lender for SMEs to move from interim to full authorization status, which went into effect on November 1st. (Crowdfund Insider)
Challenger bank posts £1.4m loss
Releasing its first annual results last week, which are for the period ending 29th February 2016, Focus FS Limited, the holding name of Monzo Bank, announced it had made a loss of £1.4m for the year. (Bridging & Commercial)
What Does a Trump Presidency Mean for Fintech?
But what about Fintech? What about alternative finance? Will a Trump Presidency push entrepreneurship and innovation as an important priority? Good question. (Crowdfund Insider)
The Marketing Eye says