Tagged: gli finance

February 10, 2016 @ 10:09 am By JD Alois  |  

In an interview today on BBC, Lord Adair Turner, former Chair of the FSA (predecessor to the FCA), shared his opinion on banking and the financial industry in general, including a discussion on the burgeoning peer to peer lending sector.  Lord Turner, it appears, is… Read More

January 31, 2016 @ 10:49 pm By JD Alois  |  

GLI Finance, an alternative finance portfolio company, was apparently queued up to aid the  Irish government in its creation of a fund that would boost non-bank lenders.  According to a report in the Independent, negotiations were “unsuccessful”. GLI apparently declined to comment. The Ireland Strategic… Read More

January 18, 2016 @ 12:23 pm By JD Alois  |  

The National Federation of Self-Employed & Small Businesses (FSB) has released a report that indicates a “growing gap in confidence” between businesses in the North and those in the Midlands and the South. The FSB states businesses in the North risk being left behind. This… Read More

November 30, 2015 @ 10:54 am By JD Alois  |  

The Bank of England (BOE) announced the extension of the Funding for Lending Scheme (FLS) that was designed to provide easier access to capital for SMEs.  The BoE stated the program will provide lenders with continued certainty over the availability of cheap funding to support lending… Read More

November 25, 2015 @ 4:08 pm By JD Alois  |  

Alongside the Chancellor’s Autumn Statement, there were several associated releases published by the Exchequer’s office.  Louise Beaumont, Head of Public Affairs at GLI Finance and a frequent commenter on policy issues regarding SME’s and the economy, has shared some thoughts regarding specific announcements presented by… Read More

October 29, 2015 @ 10:00 am By JD Alois  |  

Vocal proponent of smaller enterprise, Louise Beaumont, believes UK SMEs continue to suffer under the realm of traditional banks.  Beaumont is Head of Public Affairs at GLI Finance, a firm that is in the innovative finance space providing new forms of finance. The Bank of… Read More

October 14, 2015 @ 9:21 am By JD Alois  |  

Scandalous news hit the peer to peer lending world this week as TrustBuddy revealed allegations of serious misconduct.  The malfeasance was deemed so severe that Swedish authorities immediately shut down the direct lending operation and Swedish Police were contacted to investigate if criminal activity has… Read More

September 30, 2015 @ 9:14 am By JD Alois  |  

As expected the European Commission has published its “action plan” on the Capital Markets Union (CMU) initiative.  The basis of the European Community has been economic integration. The reality has been far different as individual nations are loathe to submit to the vagaries of policy… Read More

September 1, 2015 @ 7:00 pm By Midori Yoshimura  |  

  One of the UK’s leading figures in FinTech, Louise Beaumont is the head of public affairs and marketing at GLI Finance, a prominent investor in the SME alternative finance sector. Her straightforward self-summary–“I grow companies–from initial spark, to operationalisation, results delivered, and value created”–is… Read More

July 29, 2015 @ 6:39 am By JD Alois  |  

Funding Options and Finpoint, both GLI Finance portfolio companies, have been shortlisted for the British Business Bank referral program.  Established under the Small Business Enterprise and Employment Act, the program requires traditional banks to refer any SME whose loan has been rejected to an alternative… Read More

July 28, 2015 @ 7:51 am By JD Alois  |  

GLI Finance, a portfolio company that operates multiple internet finance companies, states their platforms are experiencing solid growth as “SME finance opportunity continues to boom”.  GLI is publicly traded on the LSE. According to a company report, the GLI platforms leading the charge include; Finexkap… Read More

July 27, 2015 @ 3:35 am By Midori Yoshimura  |  

  Asset-backed finance has been chosen as the next round of lending for the Strategic Banking Corporation of Ireland (SBCI), which was set up in 2014 to offer low-cost loans to lenders, according to a recent story in the Independent. The SBCI, led by Scotsman Nick… Read More

July 13, 2015 @ 2:00 am By Geoff Miller, CEO, GLI Finance  |  

The Emergency Budget This week saw the first Budget in the UK since the Conservative Party achieved a surprise win in the General Election in May. As the previous coalition government had already made promising steps towards the implementation of legislation which will improve access… Read More

June 26, 2015 @ 1:12 am By Midori Yoshimura  |  

In a turning of the tables, VCs recently took the stage before a “Dragons’ Den”-style panel of entrepreneurs to pitch for themselves. The event was held by Innovate Finance, part of a series of events complementing London Tech Week, as Innovate Finance reports. “Could it be time for disruption… Read More

June 24, 2015 @ 8:04 am By JD Alois  |  

GLI Finance has shared that its portfolio company MytripleA has signed an agreement with the Spanish Confederation of Small and Medium Enterprises (CEPYME) in Spain.  This strategic alliance will see MytripleA’s products and services endorsed by CEPYME and thus promoted to its approximately 2 million business… Read More

June 22, 2015 @ 8:59 am By JD Alois  |  

GLI Finance has been recognized as the “Influential Voice in FinTech and “Encourager for SME Growth at Innovate Finance’s Diversity Awards.  GLI is an investor and operator in disruptive finance.  The company has remained outspoken about the benefits of disruptive finance in challenging traditional financial… Read More

May 8, 2015 @ 8:36 am By JD Alois  |  

The UK has differentiated its economy, and much other policy, from the mainland Europe.  While many EU countries experience disappointing economic growth, the UK has performed better.  Policies and pronouncements from the Cameron government, now preparing for round two at Number 10 Downing, have resonated… Read More

May 5, 2015 @ 7:45 am By JD Alois  |  

GLI Finance has added another name to its roster of companies that it owns or has a significant stake.  GLI has invested £1.25 million in SME credit broker Funding Options for 28.9% ownership in ordinary equity plus  £0.75 million in preferred shares.  Geoff Miller, GLI… Read More

April 14, 2015 @ 7:00 am By JD Alois  |  

The UK has become one of the hottest markets for FinTech startups in the world. In fact the George Osborne has made the FinTech industry a tentpole in his policy initiatives. At the Innovate Finance launch last year the Chancellor declared “I want the UK to… Read More

March 18, 2015 @ 12:44 pm By JD Alois  |  

At the annual presentation of the budget to the House of Commons, Chancellor of the Exchequer George Osborne checked off a wide ranging list of successes as the UK economy has segregated itself from much of the rest of Europe.  The contrast between the years of… Read More