Posts Tagged: alternative finance

Fintech Investment at Its Highest Ever Level

The streak of historically high levels of fintech investment continues in several industries and prominently in the alternative finance industry as news breaks that the UK’s payments start-up, TransferWise, has reportedly started negotiations for a new funding round. According to reports the company which now sees more than £1 billion transferred on its app each…

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Navigating Alternatives With The Route – Finance

  Until very recently, anyone looking for a business loan would have automatically turned to their bank, but this conventional route to finance is no longer the only source of funding for SMEs. The emergence of the alternative finance industry has transformed the way small and medium-sized businesses access capital.   The fintech phenomenon sometimes…

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The Changing Face of Customer Service

Challenger Banks and AltFi Platforms are Changing the Face of Customer Service   We’ve all become accustomed to “always-on” customer service;it’s hard to imagine a world in which you couldn’t order a television from Amazon, swap money between bank accounts or update insurance details at any time of the night or day. And if we…

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Institutional Investors Are in the P2P Driving Seat

  Since Institutional money arrived alongside retail investors on Peer-to-Peer (P2P) platforms the industry has been making strategic adjustments. Institutional influence is driving platform decisions, which, according to one industry expert, is causing a conflict of interest for investors.   The proportion of Institutional money on the P2P industry is steadily increasing, in 2015 it…

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P2P Is Here to Stay Says British Business Bank

The head of the British Business Bank (BBB) has said that the small- and medium-sized enterprise (SME) finance market is now realising the benefits of the additional choice of lenders, such peer-to-peer (P2P) and other alternative finance providers.   Keith Morgan, chief executive of the state-backed institution, said the alternative finance industry is “starting to…

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Restrictions Lifted on Brokers Promoting P2P Finance

  The alternative finance industry has struggled to build awareness, understanding, and trust about its platforms and products among SMEs. Countless industry reports highlight the lack of information about peer-to-peer finance (P2P) among UK business owners.   However, a move earlier this week from The National Association of Commercial Finance Brokers (NACFB), might give the…

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Alternative Finance Terminology A-Z – Part 4 (S-Z)

 “Money is better than poverty, if only for financial reasons.” – Woody Allen Welcome to Part 4 of our guide to Alternative Finance Terminology (see also Part 1, Part 2 and Part 3). S Security In the world of Alternative Finance, security generally refers to collateral on a loan, which a lender can use to…

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