Tagged: brexit

Brexit Good for Fintech? That’s Right, According to Former Skype COO Michael Jackson

Mangrove Capital Partner and former COO of Skype, Michael Jackson, is of the opinion the Brexit is “far from being an economic disaster”. In a release on Finextra, Jackson states that great entrepreneurs feed off of disruption. In this case, the disruption is being driven… Read More

Bank of England Relaxes Capital Requirements, But Have Traditional Banks Fallen Short of Boosting SME Growth in the Past?

Yesterday the Financial Policy Committee (FCP) of the Bank of England relaxed bank capital requirements in a proactive move designed to stave off a looming, Brexit driven slowdown. Bank of England Governor Mark Carney stated; “The UK has entered a period of uncertainty and significant… Read More

Lending Works Offers Pension Advice Post-Brexit Decision

Just a little over a week after the UK voted to depart from the European Union (EU), Lending Works offered pension advice to the country’s retirees (or soon to be) following the surprising decision. The peer-to-peer lending platform shared: “Less than a week in, and the… Read More

Here is the Speech by the Governor of the Bank of England, Mark Carney, on the Brexit

Embedded below is the speech by Mark Carney, the Governor of the Bank of England. The remarkable situation engendered by the EU referendum results compelled Carney to deliver a calming speech effectively telling the UK it could weather the storm; “The UK can handle change…. Read More

Asian Banks Push Pause on UK Real Estate as Brexit Turmoil Impacts Foreign Buyers

According to a report by BBC, United Overseas Bank (UOB) based in Singapore has suspended real estate loans for property in the UK. The UK property market has been one of the hottest markets in the world for the past few years.  Asian investors from… Read More

ThinCats Chairman Lauds BoE “Safe Pair of Hands”, Predicted Lower Rates Bad for Savers

Mark Carney, Governor of the Bank of England, stated in a speech on the Brexit yesterday that while the “result of the referendum is clear. Its full implications for the economy are not”, he also affirmed it was something the UK economy can handle. EPTSD:… Read More

Nationwide House Price Index Reports 0.2% Raise in June; LendInvest Co-Founder Responds

Despite the recent news that the UK has voted to depart from the European Union (EU), the National House Price Index announced the house prices have raised up by 0.2% this month, with an annual house growth now standing at 5.1% (average price £204,968). LendInvest’s co-founder… Read More

UK Business Secretary Sajid Javid Says “Britain is [still] Open for Business”

UK business Secretary Sajid Javid held a business roundtable today with various business leaders to gauge and calm the sentiment for the economy in light of the recent Brexit decision. Javid stated the fundamental facts remain unchanged; “The UK is still a member of the… Read More

RealtyShare Reports: Real Estate Crowdfunding Offers Potential Opportunity to Diversify Following Brexit Decision

Following the UK’s vote to depart from the European Union (EU), the team at crowdfunding portal, RealtyShares, revealed their thoughts about the shocking decision. Arash Sotoodehnia, RealtyShares chief credit officer, stated: “The uncertainty around what happens next as Britain begins the process of negotiating her… Read More

Forrester: Digital & Customer-Facing Talent Will Migrate Out of the UK

Research consultancy Forrester is making some pretty dire predictions regarding Brexit collateral damage. In a blog post this weekend, Forrester stated; “Digital and customer-facing talent will migrate out of the UK,” and “Product and delivery innovation will slow”. Forrester cautions that a “customer-focused agenda is… Read More

Invesdor on Brexit Decision: Let’s Keep Calm & Carry On

Just days after the UK’s voters made the surprising decision to leave the European Union (EU), Finland’s equity crowdfunding platform, Invesdor, weighed in on the big vote. The funding portal’s communications manager, Mikko Savolainen, revealed in a blog post: “Late last week, the UK voted… Read More

Kuber Ventures on Brexit Fallout: “Decision Will Likely Result in More Freedoms for Tax Incentives / Reliefs”

Kuber Ventures, an investment firm that targets EIS/SEIS opportunities, has released a statement on the Brexit fallout. While global markets react to the intrinsic risk associated with the Brexit decision, Kuber sees a silver lining. According to Kuber; “The vote on Friday for the UK… Read More

Crowdcube’s Luke Lang on Brexit Decision: We Remain Confident the Economy is Fundamentally Strong

With the UK’s unexpected decision to leave the European Union (EU), co-founder of Crowdcube, Luke Lang, shared the equity crowdfunding portal’s reaction to the decision. As previously reported, the UK continues to remain in collective shock as the largely unexpected result of the EU referendum will… Read More

Jaidev Janardana Reveals Zopa’s Reaction to the UK’s Departure from the European Union

Following the announcement that the UK is set to leave the European Union (EU), CEO of Zopa, Jaidev Janardana, shared the peer-to-peer lending platform’s reaction to the shocking exit. Janardana revealed in a blog post: “With the UK voting to leave the EU, we’d like… Read More

LendInvest: Our Business is Built to Withstand Brexit Shock

The United Kingdom remains in collective shock as the largely unexpected result of the EU referendum will see the UK depart the European Union. As markets react to the many questions being asked by policy makers and financial firms, participants in the alternative finance sector… Read More

Property Partner on UK Brexit Decision

As the world continues to wonder what exactly the Brexit means for the UK and global economies, alternative finance leaders are jumping in with their perspective. Property  Partner, a prominent real estate crowdfunding platform, is circulating a note on the decision to depart Europe. Daniel Gandesha,… Read More

Assetz Capital Says Brexit is Big Opportunity for Investors

Peer to peer lender Assetz Capital is “optimistic” following the decision by UK citizens to depart the EU.  The leave vote has, in their opinion, created an opportunity; “Brexit will create a big opportunity for Assetz Capital’s investors as bank interest rates on business loan… Read More

UK Financial Conduct Authority Statement on the Referendum Decision to Leave the EU

The Financial Conduct Authority (FCA) has published a statement on the EU Referendum or Brexit and the UK’s decision to depart.  It is republished below.   On 23 June, the UK voted to leave the European Union (EU). This has significant implications for the UK…. Read More

In or Out? It is ALL About the Brexit. Jeff Lynn of Seedrs Responds

      History will be made tomorrow (June 23, 2016) as the United Kingdom will decide whether to remain, or depart, the European Union. Popularly called the “Brexit” (or Bremain), if the UK departs the second largest market in the world will take an… Read More

Zopa CEO Jaidev Janardana: Leading UK P2P Lending with Superior Service, Transparency and Cutting-Edge Fintech

Armed with an undergraduate degree in Electronics from Dharmsinh Desai University and MBAs from both the Indian Institute of Management, Bangalore and McGill University, Jaidev Janardana spent 12 years with Capital One, in the US and the UK. He was the CMO for Capital One UK, responsible… Read More

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