News Briefing - Crowdfunding, SME And Alternative Finance

woman with a silicon chip inside her head

1. UK – FinTech 


Altfi reports: 

“In a year when a lot of businesses have needed a helping hand, alternative lenders have thrived and Folk2Folk’s story is no different. 

The regional alternative lender looks to be on track to double its profits this year, posting a pre-tax profit of £943,000 in the first half of this year, nearly the same amount it made throughout the whole of last year.