News Briefing - Crowdfunding, SME And Alternative Finance

crowd on the move

1. UK – FinTech

Investors Chronicle on FinTech’s “Big Bang” - the disruption of financial services business models through digital technology.

2. UK – FinTech

 

Crowdfund Insider alerts us to a report by Beauhurst:

“Beauhurst, a UK data platform that tracks early stage investment, has published a short report that highlights the biggest venture capital rounds so far in 2019. At the top of the list is Deliveroo, a company that landed the $575 million -“the largest raise by a British startup ever.” But included on the list are some other well-known names that are helping to transform the financial services sector.”



 

3. UK – P2P

Relendex poaches an executive from another platform.


 

4. UK – P2P

 

Peer2Peer Finance News reports:

 

“CROWD2FUND founder Chris Hancock has launched FinBlocks, a new blockchain-based payment system that is aiming to tackle identity fraud online.

The new software as a service (SaaS) product is already being used by peer-to-peer business lender Crowd2Fund, to provide payment, client money handling, virtual wallets and enhanced compliance services, utilising blockchain technology.

FinBlocks will initially be targeting other UK fintech firms looking to enhance their payments system, before looking outside of financial services to other types of companies such as those in the social media space.”

5. US – FinTech

 

Crowdfund Insider on moves to follow the launch of Libra, Facebook’s crypto.