News Briefing - Crowdfunding, SME And Alternative Finance

collaboration in practice as teachers and pupils unload school furniture from a boat

1.UK – FinTech

 

UK Investing runs a laudatory comment piece on Augmentum Fintech, an investment trust operating in the sector.

2. UK – FinTech

 

Crowdfund Insider reports:

 

“Seedrs, a leading UK based investment crowdfunding platform, has launched a new fund for investors in early-stage firms. The EIS100 Fund enables passive investors to gain exposure to 100 or so individual companies over a 12 month period. Of course, investors benefit from the wonders of diversification and the intrinsic risk mitigation. Just like big name VCs, investors should seek to invest in a broad group of companies with many expected to fail, or simply not perform, and a few will gain significant traction driving top-line investment gains.

As its name implies, the EIS100 Fund also benefits from the Enterprise Investment Scheme – a tax program that is really a subsidy for innovation and job creation. You, as the investor, get to mitigate your risk up front with certain tax write-offs and exemptions. It is a really great program that other countries should seek to emulate.

The Fund is looking to raise £1 million – and it is nearly there. As of this writing, 236 investors have participated in funding £722,000.”

3. UK – P2P

 

Peer2Peer Finance News reports:

“ASSETZ Capital has hired two new regional directors to help it scale up its lending in Scotland.

The peer-to-peer business lender said on Thursday that it has appointed Duncan Cassidy (pictured) as relationship director for Scotland, who previously held a role within the firm’s credit management team.

Cassidy’s role will involve constructing loans for small- and medium-sized enterprises (SMEs) in the region.”

4. International – FinTech

 

Inc42.com takes a critical look at tax incenctives in India for FinTech and altfi company investment.

 

5. International – AltFi

 

A commercial report, for those with money and who are unable to find the Cambridge Centre for Alternative Finance’s website…

 

“Alternative finance Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +20%. The base year considered for the study is 2018 and the forecast period considered is 2019 To 2025.

Alternative financing refers to financial channels, processes and means emerging outside traditional financial systems, such as regulated banks and capital markets. Examples of alternative financial activities through online markets include reward-based crowdfunding, equity crowdfunding, revenue-based financing, online lenders, peer-to-peer consumer and business lending And invoice transaction third party payment platform. Alternative financial instruments include cryptocurrencies such as Bitcoin, SME mini-bonds, social impact bonds, joint stakes, private placement and other 'shadow banking' mechanisms. Alternative financing differs from traditional banking or capital market financing through technology-based "disintermediation", which means that funders can be directly connected to funders, leveraging third-party capital by reducing transaction costs and improving market efficiency.”