Fat Cat merry go round I sometime think of all the striving technical geniuses doing their best to earn a crust through proper innovation and then along comes a story that makes me wonder if it is all worthwhile. The Daily Telegraph today reported that ex Credit Suisse CEO Tidjane Thiam is making […]

The post Alt Lending week ending 21st January appeared first on Daily Fintech.

  Are we all becoming addicted to debt? While I have written many time about the lack of expertise in corporate, sovereign and personal debt I don’t think I have ever addressed the major problems that ultra low interest rates have inflicted upon all of us. Eminent economist Dr. Gerard Lyons one of the UK’s […]

The post Alt Lending week ended 14th January 2022 appeared first on Daily Fintech.

  Fintech reports for 2022 Too much information here by far to make any kind of sense of it so I’m not going to try. Suffice to say that we’ll see more of the same, large amounts of money chasing loss making companies with wildly optimistic valuations and a market place that understands technology but […]

The post Alt Lending week ending 7th January 2022 appeared first on Daily Fintech.

    The perils of offshore bank accounts? The UK supreme court has overturned a ruling made by a lower court and refuses to recognise Nicolas Maduro as the legitimate leader of Venezuela following what were widely perceived to be rigged elections in 2018. Maduro was trying to argue that some £ 800 million of […]

The post Alt lending Week ended 24th December 2021 appeared first on Daily Fintech.

  Zopa pulls out of peer to peer lending. Lessons everyone in lending should learn Great article by Matthew Lynn in the Sunday Telegraph business section. While this is ostensibly about the withdrawal of Zopa from the peer-to peer funding market, it contains wider truths about lending in general. Matthew has been around the block […]

The post Alt Lending week ending 17th December 2021 appeared first on Daily Fintech.

  EU care more about its Euro project than financial stability Although this piece relates mainly to the ongoing EU attempts to pull financial services business out of London particularly clearing services it does make some rather stark observations about what is going on in the Eurozone and why we should all be more than […]

The post Alt Lending Week Ending 10th December 2021 appeared first on Daily Fintech.

  Buy Now, Pay Later (BNPL) pioneer Klarna hit by customer Debt The only problem with entering the consumer credit market is that the consumers do the consuming part rather well but it you are the lender you have to get them to cough up for what they have consumed. It’s called the risk business […]

The post Alt Lending week ended 3rd December 2021 appeared first on Daily Fintech.

  Eurozone housing sector entering bubble territory ECB. So it’s not just the UK that is seeing property prices rise? Apparently the ECB is concerned that the property market in Europe is sensitive to a rise in interest rates. Well where isn’t it? The problem is our old friend inflation which rose to an un […]

The post Alt Lending week ended 26th November 2021 appeared first on Daily Fintech.

Brussels attempts to force Euro clearing services away from London may send everything to New York. While this is not strictly anything to do with lending it is certainly relevant to the fact that political interferences since Brexit have refused to go away.  The clearing of financial transactions including some hideously complex financial derivatives has […]

The post Alt Lending week ended 19th November 2021 appeared first on Daily Fintech.