Alternative Finance and the wholesale disruption of lending
Alternative finance refers to forms of finance that stretch beyond the traditional funding sources such as stocks, bonds and cash. As a result of the 2008 financial crisis, banks found it increasingly difficult to lend due to ever more restrictive credit policies which resulted into the popularity of alternative finance and an exponential growth in […]
Attention Startups! How to win € 50,000 in July
Do you have a startup idea that you’d like to share? Or are you an SME working with a great product? Apply to win € 50,000 in July! It’s your chance to secure a professional collaboration worth €50K!! UniCredit and the Open Bank Project have launched the 2016 global competition for financial technology developers and […]
Creating value in auto finance with vLendRight
Creating value in auto finance is now at the forefront of innovation. vLendRight is partnering up with banks to streamline the customer journey and help financial institutions gain market share in auto finance. “Our belief is that automotive financial institutions ought to look beyond the traditional direct and indirect delivery mechanism and strive to make […]
Is everyone now becoming an online lender?
On the onset, alternative lenders were able to compete with commercial banks by providing loans to small business owners much faster than banks. However, starting in 2015, everyone is becoming an online lender . The question now has become: who’s not becoming an online lender? A quick reminder of the trend that started in 2015 […]
Digital Currency: Are you ready for the future of money?
, Imperial College London and couldn‘t help but be impressed by the strides digital currency has taken since first developed and how quickly the whole digital currency ecosystem has matured. What is digital currency? Digital currency is a form of virtual currency that is electronically created and stored and is transferred electronically. Some types of […]
2016 Will Be The Year Of Alternative Finance
The rapid popularity of Alternative Finance is responsible for the major disruption taking place across the whole lending regime. [clickToTweet tweet=”No longer safe for banks to assume that their core lending regimes are impervious to disruption. ” quote=”It’s no longer safe for banks to assume that their core lending regimes are impervious to disruption. ” […]
Alternative Finance and the Wholesale Disruption of Lending
Alternative Finance encompasses a range of diverse models with clear distinctions such as people lending money to each other or to businesses, to people donating to community projects and businesses trading their invoices. It’s no longer just a seeding stage for startups, but a viable and attractive avenue for companies to raise capital at every […]