Absolutely shocking news out of London today. With the ink barely dry on the letter sent to the European Union...
Errol Damelin has been steadily growing his presence in London's fintech sector; founder of Wonga, Damelin's expertise and mentorship has helped over 200 employees currently working in London's fintech scene; his company Wonga is a case study for online payday lending in Europe and despite his exit from the company in 2014, Damelin has gone on to successfully invest and mentor a wide range of startup businesses in London. Source
I was in London last week to attend and speak at the AltFi (short for alternative finance) conference. The focus...
Goji is marketing a P2P lending bond product, the Goji Diversified P2P Lending Bond, which is targeting annual returns of greater than 5%; the firm is based in London and offers a range of services for the P2P lending industry including tools and resources for investors and financial intermediaries, an investing platform, IFISA account servicing technology for platforms and now a new P2P lending bond; the Bond will invest in a minimum of 200 loans across all options available in the UK P2P lending sector. Source
Investment in regtech companies has reported a 38.5% compound annual growth rate over the past five years with a record $678 million invested in 70 companies in 2016; globally London has taken the lead reporting the greatest number of investment deals from 2012 to 2016 at 39; anti-fraud companies have been increasingly receiving greater investment with $334.8 million in 2016 accounting for 49.4% of total regtech investment. Source
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