News Briefing - Crowdfunding, SME And Alternative Finance

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1.UK – AltFi

Peer2Peer Finance Newson an appeal for victims of the LCF affair to make themselves known.


 

And Bond Review looks at claims that not all LCF sales calls were recorded.

 

2. UK – AltFi

 

Atom Bank’s travails come under the microscope.

 

“When Atom Bank chairman and founder Anthony Thomson stepped down last January he said he said he had grown the lender from “a big idea disguised as a small bank to a big idea and a big bank”. 

But the truth is the loss-making challenger bank, founded five years ago, is struggling to keep pace in its key mortgage market and repeatedly has had to pull on the coat of core investors for more cash.”


 

3. US – FinTech

The BlockCrypto on a new initiative to draw consumers in to Bitcoin.

 

4. US – FinTech

And repercussions from the time when people would invest in something because they liked the name…

 

“The FBI is probing Long Island Iced Tea’s infamous pivot to blockchain in 2017, searching for evidence of insider trading and securities fraud.” 


5. US – P2P

 

A major player hires a news sales honcho.