Remember the need for speed? Sadly, we’re not talking Top Gun, but crowdfunding… Our friends at Crowdfundinsider report on the European way of moving things on, and discover that the Europeans themselves find the slowness of the bureaucracy frustrating. It’s possibly a very, very small silver lining in the dark cloud of Brexit… The European Securities and Markets Authority (ESMA) has posted a statement encouraging crowdfunding providers to speed things up in migrating to the new pan-European rules. At the end of 2021, the European Union approved a new regulatory regime that enables issuers to raise capital online across all …
The story of alternative finance is, perhaps unsurprisingly, a story of continuous parallel development. The alternative world develops and influences the mainstream. The genesis of peer-to-peer (P2P) finance was born of the need for alternative funding (and for lenders, yield source) not to be found in the mainstream. P2P loans of course are very different from conventional, banking savings products – and bear very different risks (see the warnings plastered allover this site – Home Page, Auction, and just about every News story). Nevertheless, the need for yield drives both P2P and deposit markets. It’s with this in mind, that …