P2PFA Shuts Down, Rolls Into Innovate Finance
The UK Peer to Peer Finance Association (P2PFA) was established in 2011 and founding members included Funding Circle, Zopa and Ratesetter; the P2PFA ...
Christian Faes Takes New Role as Executive Chair
Christian Faes is the co-founder of LendInvest and served as the CEO for over a decade; he is now stepping away from the ...
90 Percent of UK Consumers Struggle with Financial Literacy
A new survey by Israel-based Bank Leumi’s challenger brand Pepper found 90 percent of UK consumers feel they are undereducated with personal finance; ...
FCA Aims to Simplify Savings Market
The UK based Financial Conduct Authority is proposing new rules to simplify the savings market; banks will be able to offer new customers ...
FCA Promoting Competition, Easy to Understand Rates
The Financial Conduct Authority is proposing new rules for those that offer cash savings; under the plans, financial institutions will have to set ...
A Few UK Fintechs Who are Happy to See 2020
2019 was another great year for the fintech market overalls but not all companies saw success in 2019; AltFi takes a look at ...
Singapore Looks to Jumpstart Digital Banking Market with Licenses
The Monetary Authority of Singapore announced they will issue five digital banking licenses in June and the winning bids will start operating in ...
Customers Push Back on Tandem’s Monthly Fees
Tandem is set to begin a new monthly membership fee for their cash back card starting March 2020; the new £5.99 fee includes ...
UK Startup Pursuing a Familiar Feature Offered by Some US Digital Banks
One of the more unique offerings by some fintechs in the US is earned wage access; the feature aims to cut down on ...
Are Challenger Banks Just Secondary Accounts for Customers?
There is no question that challenger banks like Revolut, Monzo and N26 have acquired massive amounts of customers; it leads to the question ...