News Briefing - Crowdfunding, SME And Alternative Finance

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The essentials are here and will be regularly updated. If you want to be well-informed about the investment crowdfunding scene, and you're short of time, this is the place to visit.

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1.UK – P2P

Pymnts.com on the FCA review of P2P.

 

“The P2P lending market is big business in the U.K. According to the U.K. Peer-to-Peer Finance Association (P2PFA), a self-regulating P2P industry group that includes most of the biggest names in U.K. marketplace lending, the country’s P2P lending industry had hit £9 billion in loan originations from the group’s members as of Q1 2018.

The figures also reflected having provided finance for approximately 50,000 businesses and 221,000 individuals overall, with a total investor count of about 150,000. According to the The Times of London, those figures are even higher – though they agree on the 150,000 investor count, they think about £10 billion in total loans have been underwritten.

And as the figures associated with the industry have gotten bigger, the players have as well. Zopa, the U.K.’s biggest P2P lending market for consumers, announced a return to profitability earlier this month, and is currently pursuing plans to acquire a banking license that would open up deposits as a potential source of low-cost, high-stability funding. Funding Circle, the U.K.’s largest small and medium-sized business lending marketplace, has arranged over $4 billion in loans and is heading for an IPO by the end of the year.

Given all that growth, it is unsurprising that the industry has managed to catch the attention of Britain’s financial regulator, the Financial Conduct Authority – or that the FCA has proposed more stringent regulations for the P2P lending industry as a whole.”

The P2P lending market is big business in the U.K. According to the U.K. Peer-to-Peer Finance Association (P2PFA), a self-regulating P2P industry group that includes most of the biggest names in U.K. marketplace lending, the country’s P2P lending industry had hit £9 billion in loan originations from the group’s members as of Q1 2018. The […]

2. UK – EIS/AltFi

Professional Adviser on EIS and other tax-incentivised investments.

 

“The UK is internationally renowned as a great home for young growth-focused businesses and, says Andrew Aldridge, advisers should ensure appropriate clients are also aware of this - and the associated opportunities.”

3. International – FinTech

 

MSN News reports:

FundedHere, Singapore’s first crowdfunding platform that offers equity and debt deals for companies, announced Tuesday (31 July) the launch of FundedX.

FundedX is a private stock exchange that helps make the trading of shares of high-growth startups and privately-held companies in Southeast Asia (SEA) easier.

They explained that the “process of buying and selling shares can be quite tedious” as individuals have to liaise personally with intermediaries, company secretaries, and share registrars.

With FundedX, they hope it can be an exchange platform for SEA’s markets where investors can find more opportunities and shareholders of private firms have access to more liquidity options.”


4. International – FinTech

 

Inc42 on the latest FinTech tools.

 

 

“Peer-to-peer lending, robo advisory, and UPI are just some of the elements in this new wave of evolution which is looking to aid the general consumer.”



5. International – P2P 

 

Singapore based online lender Validus is reporting a milestone of having originated over S$ 100 million in loans to SMEs, according to Crowdfundinsider.

“Validus is claiming to the be Southeast Asia’s fastest growing SME lender. Validus is licensed by the Monetary Authority of Singapore (MAS) and is also a member of the Singapore Fintech Association

Launched in 2015, the company says an investment round led by Temasek-backed Vertex Ventures, helped to fuel significant growth in the last 12 months. Validus combines has financed over 1,400 loans to date. Loans average around S$70,000. Loan approval is pretty fast standing at less than 24 hours.”