The agreement was signed by the Financial Conduct Authority (FCA) and the People's Bank of China, the intention of the deal is to strengthen regulatory cooperation and boost market access for fintech startups in both markets; the "Fintech Bridge" as it is being called will allow the countries to share information about financial services and help to spot emerging trends in each market. Source
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In a LinkedIn post, Sukhwinder Shoker provides insight into MarketInvoice's loan book which the company shares publicly; analysis includes data on originations and advance rates, invoice terms, risk-price grade, gross discount rates, diversification and net returns; according to Shoker's analysis, the average monthly net return achieved since January 2012 by investors before fees and tax is 50 basis points. Source
