1.UK – AltFi/P2P
Lend Invest reveals details of its secured income portfolios, as reported in P2P Finance News.
2. UK – AltFi
This Is Money looks at ways to minimise tax on death.
3. UK – AltFi
The Sunday Times finds an unusual headline as it reports on behind-the-scenes moves in the LCF disaster.
This Is Money on a near-total non-event loosely connected to LCF.
4. UK – SMEs / AltFi
News site altfi.com reports.
“Discouraged SME demand for borrowing was a core theme at an alternative finance industry roundtable this morning, organised by Funding Options and attended by key decision makers including HM Treasury, HSBC, Nesta, and OakNorth.”
5. US – Equity
SeedInvest announces that it has regulatory approval.
“Leading equity crowdfunding platform SeedInvest announced today that it received FINRA approval to operate an ATS (Alternative Trading System) to facilitate secondary trading of startup investments. Through its ATS, SeedInvest will be able to allow investors to trade their startup shares on the secondary market post initial investment once it officially opens up its platform for trading. Today's announcement marks an industry milestone as SeedInvest is the first equity crowdfunding platform in the U.S. to receive FINRA approval permitting secondary trading of securities through an ATS, in addition to capital raises in the primary markets.
"Liquidity remains a key missing piece towards democratizing the private capital markets," said Ryan Feit, Co-Founder of SeedInvest. "Creating a truly vibrant secondary market for private company shares has the potential to make startup investing a significantly more attractive asset class."
6. International – P2P
P2P-Banking looks at an expanding player in the German market.
Auxmoney, the largest German p2p lending marketplace, today starts financing SME loans. In the past Auxmoney focused on consumer loans of up to 50,000 EUR. Now loan amounts will get much bigger.