More than 50 per cent of people working in the financial services sector are unaware of global fintech bridges, a new study has revealed.There are 46 fintech bridges in place across the world, encouraging collaboration and cooperation between governments, regulators and the private sector in different countries.In the UK, the Treasury's fintech sector strategy, released in March 2018, highlighted how fintech bridges will "reduce barriers to market entry and link UK-based fintechs up with opportunities for international investment."But the survey from Fintech Circle found that just one in three people working within the sector understand what fintech bridges are designed to do, with over 50 per cent of respondents knowing nothing about the initiative.Three quarters of 219 financial services professionals surveyed said they would like government support to help them understand financial regulation, while half said practical help on entering the fintech market should be a key priority of governments and financial regulators worldwide."
New loans are due on site soon. See latest, property-backed P2P loan - fixed yield of 8 per cent, five-year term, and currently almost three quarters filled.All loans on site are eligible to be held in a Money&Co. Innovative Finance Individual Savings Account (ISA), up to the annual ISA limit of £20,000. Such loans offer lenders tax-free income.
A Process Guide To Innovative Finance ISA InvestmentOur offering is an Innovative Finance ISA (IFISA) that can hold the peer-to-peer (P2P) business loans that Money&Co. facilitates. For the purposes of this article, the terms ISA and IFISA are interchangeable.So here's our guide to the process:
Risk: Security, Access, YieldDo consider not just the return, but the security and the ease of access to your investment. We write regularly about these three key factors. Here's one of several earlier articles on security, access and yield.