Zopa launched its Plus product one year ago; the Plus product is the firm's highest risk and highest return offering; investors are reporting a 6% short-term return for the loan investments which fall in two additional risk categories: D and E; since introduced the platform has lent more than 100 million British pounds ($124 million) from approximately 9,000 investors. Source
Bank of England’s head of fintech Varun Paul is moving to Fireblocks, the highest-valued digital asset infrastructure provider in the world.
In this episode, we talk with Sultan Meghji, the former head of innovation at the FDIC, about financial regulation and what it will take to truly modernize the banking system...
A new report out by Beahurst has recognized crowdfunding platform Seedrs as the most active UK equity investment platform; they...
Klarna launches Open Banking platform Rewire helps migrants in Europe with $12m funding MoneyLion’s Bill Davaris on partnering with NASCAR,...
Karen Mills is a Senior Fellow at the Harvard Business School focused on SME finance, entrepreneurship and competitiveness; she previously served as the Administrator of the US Small Business Administration; in her post on AltFi she discusses why London will remain a global leader in financial innovation despite uncertainty with Brexit. Source
The UK recently visited China on a trade mission and signed a number of fintech deals worth more than $1.8bn; the deals are looking to create a deeper partnership between the nations and potentially create more than 850 jobs; deals include Innovate Finance and NIFA's memorandum of understanding, CurrencyCloud and X-Transfer's partnership and UK fintech R5FX's collaboration with Shanghai Clearing House. Source.
Businesses in Europe are having varying success of getting support from government backed stimulus programs; In France small businesses have...
ESG investment is on the rise as consumers want to make a positive impact with their money. Dubious sustainability scores make this difficult.
The UK government has launched what they are calling The Future Fund to help venture backed companies gain access to...