In an interview with P2P Finance News, Christine Farnish talks about their relationship with the Financial Conduct Authority, the recent departures of LendInvest and RateSetter from the group and updates to membership criteria; Farnish teased that there will be major changes to the way the P2PFA operates coming in November. Source
NatWest’s multi award-winning open banking payments solution Payit, has successfully made its first Variable Recurring Payment...
Fueling a renewed bull run, Ukraine used crypto to raise funds, while Russians bought crypto to evade their currency's collapse.
FT Alphaville takes a close look at some of the findings from the Financial Conduct Authority report on their regulatory sandbox; the positives include weeding out the more risky ideas and that 41 of 146 applicants were able to make it through the testing phase; the negatives include distributed ledger technology that shows some of the testing is on too small a scale to really understand whether or not it would actually work. Source.
New marketplace lending real estate platform Credit Peers has launched for investors with a minimum investment of 500 British pounds ($618.64); the firm is offering individual investors the opportunity to invest in commercial real estate properties; the platform elicits borrowers for commercial properties including multi-residential, office and retail buildings; it plans to focus on connecting individuals with investments in the commercial property market. Source
The crypto market saw challenges in terms of price growth since November 2021.
iZettle’s IPO, which they are set to announce next week would be the largest fintech IPO to date in Europe;...
In this episode, we talk with the founders of Keep Financial (formerly of Kabbage), Rob Frohwein and Kathryn Petralia, as they discuss employee compensation, why it is broken, and how a comprehensive fintech approach can fix it.
Revolut is the latest fintech to enter the UK savings market with a new savings account for premium users that...
The British High Court ruled on Thursday that Parliament must give its approval for Brexit, creating uncertainty on whether or not the UK will leave the European Union; plans for exiting the EU were to begin in March; the government now has appealed the High Court's decision to the Supreme Court which will consider the appeal in December; if the ruling is upheld speculators believe Parliament would continue with the same sentiment that its voters reported in June. Source