A new UK bank referral scheme began this week with a focus on nine of the region's largest banks; Lend Academy provides more details in their article; the referral scheme will require banks to refer small businesses to alternative lenders if they are denied credit; creates more opportunities for banks to partner with alternative lenders and also significantly expands credit access for businesses. Source
Marketplace loans are becoming more integrated into institutional portfolios however institutional investors are still only beginning to take interest in marketplace lending investment allocations; in Europe, Aegon has made a significant institutional investment in marketplace loans from Auxmoney; the investment demonstrates that institutions such as insurance companies are getting comfortable with the asset class; it could also cause increased investment in P2P loans in Europe specifically where fixed income yields are historically low. Source
Christian Faes, the CEO and Co-founder of UK property lender LendInvest, discusses tech, investment channels, the UK housing crisis, Brexit,...
The CEO and Co-Founder of Younited Credit talks banking, technology, Brexit, and his international expansion plans. Source
Freddy Kelly is the CEO and co-founder of Credit Kudos; Credit Kudos is an alternative credit bureau that uses open...
Frederic Nze is the CEO and founder of Oakam, a UK micro-lender that serves the needs of immigrant communities; in...
Lend Academy interviews the CEO of BBVA’s new SME online lending initiative called Trustu; Vinacua discusses their innovation centers, how they interact with startups, why they decided to launch a platform, the social underwriting component of the underwriting and more. Source
Zopa was the industry's first peer-to-peer lending platform, launching in the UK in 2005; Lend Academy talks with Jaidev Janardana from Zopa about his role as CEO over the past 18 months and how the business is changing with the firm's new banking initiative; Zopa will be taking advantage of some unique market opportunities with its banking services; the firm will not be offering current accounts but plans to integrate open banking to provide its clients more offerings beyond borrowing and lending. Source
The LendIt content team that created the agenda for our upcoming European event on October 9 & 10 share:
- The main trends that are happening in European fintech today.
- What is different and similar when it comes to fintech in Europe, USA and China.
- How LendIt Europe is going to work and what attendees can expect.
- The networking opportunities for attendees at LendIt Europe.
- How Brella, our 1-to-1 networking tool, works.
- Some of the highlighted sessions at the show.
- How attendees will be able to get the most out of their two days at LendIt Europe.
Over the last couple of years we have seen something of a converge between payments and credit businesses. We have...