How London can cement its leadership in fintech

This article, authored by Rhydian Lewis (RateSetter CEO and founder), first appeared on CityAM.

The launch of Innovate Finance, a new body dedicated to supporting fintech (or financial technology) in the UK, at Canary Wharf this month highlighted London's ability to become the global centre of the sector. They say there is no "fin" in San Francisco and no "tech" in New York - but there is certainly both in London.

August 26, 2014

Innovate Finance launched by George Osborne

Innovate Finance, the new industry body for the UK FinTech sector, launched today at London's Level 39 - with RateSetter as a founding member.

Launched by the Chancellor of the Exchequer, George Osborne, at an event attended by more than 250 influential figures from across the industry and the government, Innovate Finance will promote the interests of Britain's rapidly growing financial technology sector and further strengthen its leading position in the global market.

It aims to be a powerful, shared voice that channels the massive potential of technology to improve every aspect of banking, finance and commerce.

August 6, 2014

Media Highlights: RateSetter in the press - July 2014

July was a big month for RateSetter and the UK P2P industry in general. James Tall, RateSetter's PR Manager, updates you on the key headlines from the last few weeks.

Peer-to-peer lending doubles in six months

Figures released by the Peer-to-Peer Finance Association (P2PFA)

August 4, 2014

Rewiring the Channels of Finance Will Ignite Britain's 'Mittelstand'

This article, authored by Rhydian Lewis (RateSetter CEO and founder), first appeared on The Huffington Post.

Excuse me if I'm stating the obvious but the banking system designed to lend to the beating heart of Britain's economy is clearly broken.

The large banks have been beating the drum that they are 'open for SME business,' but the numbers coming from the industry show the exact opposite.

The latest figures released by the British Banks Association confirmed that money flowing to small and medium sized businesses dropped once again in June.

July 29, 2014

First Direct visionary Alan Hughes appointed Non-Exec Chairman

We are delighted to announce that Alan Hughes has been appointed as RateSetter's first Non-Executive Chairman.

An experienced and respected figure in the business world, Alan held key senior positions at HSBC, and notably First Direct. During his tenure as CEO, First Direct became the UK's most recommended bank. He trebled the size of the company whilst ensuring that it had the best regulatory record of all the banks.

In 2013, he fronted a bid to purchase 312 branches of RBS, again pursuing his desire to see greater competition, integrity and innovation in finance.

July 28, 2014
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