News Briefing - Crowdfunding, SME And Alternative Finance

pied piper followed by children

1.UK – FinTech

Crowdfund Insider reports:

Smartlands, a blockchain-based crowdfunding platform, says it will tokenize “real-world assets” for a total of $1 billion by the end of 2023. The UK based, FCA regulated platform is making the bold claim as part of its four-year roadmap. Smartlands says it will tokenize assets in commercial and residential real estate, renewable energy, agriculture, technology and other sectors of the economy.”

2. UK – FinTech

 

CityA.M. reports:

 

“City law firm Simmons & Simmons today said it had acquired legal engineering firm Wavelength to help its clients on large projects such as the replacement of Libor.

Wavelength describes itself as the first regulated legal engineering business in the world.

Its chief executive Peter Lee said Wavelength applies data science, technology and design to law. 

Lee said this “allows it to find connections and deal with problems at a scale that hasn’t been feasible before. Classically that would be around big regulatory changes for financial services institutions or difficult questions that general counsel would be asked to solve.”


3. UK - SMEs

 

P2P Finance News on a funding initiative by Xchange.

FUNDING Xchange has partnered with Experian on a new software tool that will help the credit agency's small business customers find appropriate funding solutions.

4. UK – AltFi

 

Fallout and (literal) horse trading in the wake of the LCF affair. 


5. International – P2P

 

Lexology looks at European and UK moves to regulate the P2P sector.

https://www.lexology.com/library/detail.aspx?g=bb60b292-c26c-4185-9da1-29ffbb8b89f1