UK based Funding Circle recently signaled they were looking to go public this year and now investors are wondering is this the start of a UK fintech IPO trend; rumors have swirled around Zopa, LendInvest, Monzo and others, but thus far not many have gone forward with a listing; there is concerns over the ability of the businesses to make a profit and have lessons been learned from U.S. fintech IPOs; while there has been a few small listing thus far time will tell whether or not the big fintech firms will make the leap. Source.
Tony Zerucha from BanklessTimes shares insights from the first day of LendIt Europe 2017. Source
The article discusses recent news of decreasing valuations of GLI Finance backed companies, potentially higher losses on Zopa's platform and troubles at Wellesley & Co. Source
