KPMG’s Warren Mead and University of Cambridge Centre for Alternative Finance’s Robert Wardop present a joint study on alternative finance during LendIt Europe 16.
Equity crowdfunding platform Crowdcube announced it has appointed former Citigroup and HSBC executive, Simon Williams, as a new chairman of its board. Williams notably has over 30 years of experience in banking and investment.
London is the best city in the world for fostering fintech, ahead of New York, Silicon Valley and Hong Kong – but it faces a run for its money from Singapore – as the industry pushes for better measures for assessing its contribution to the economy and the government’s new industrial strategy.
It has been described as ‘democratic finance’, allowing businesses and projects of all forms and sizes access to money while bypassing traditional banking institutions. It is an attractive route in economically difficult times when banks aren’t lending freely. But it isn’t all about the money.
The 2nd European Alternative Finance Industry Report