1.UK – FinTech
Crowdfund Insider reports:.
“The Board of the Banking Competition Remedies Ltd (BCR) has announced the awards of the “Capability and Innovation Fund Pool C.
This Fund is designed to “facilitate the expansion of business offerings to include lending or payments services to SMEs in the UK or international payments services to SMEs in the United Kingdom.”
2. UK – P2P
A new platform with a Midlands focus is launched.
3. UK - AltFi
Bond Review notes the closure of Grounds Investments, an offshoot of The German Property Group. Formerly known as Dolphin Trust, GPG was the subject of an investment mis-selling scandal, on which we reported in May.
4. UK – AltFi
The London Evening Standard reports on the collapse of Asset Life and calls for the public to be educated about investments.
5. US – FinTech
HSBC unveils a new platform.
6. International – P2P
More problems in China.