Feb 18

Challengers to the High Street

Two articles coinciding over the weekend about challengers to the big British Banks:

  • An article in the Economist on New Banks featuring Weatherbys, Aldermore,  Metro Bank, Tesco Bank and Wonga.
  • The Bottom Line on Radio 4 featured a discussion on Alternative Finance including Giles Andrews is CEO of Zopa, the peer to peer lending website; Anil Stocker is co-founder of Market Invoice, an online finance provider that allows companies to turn invoices into working capital; and Michael Joseph is director of mobile money at Vodafone and former CEO of the Kenyan mobile phone provider Safaricom, where he launched the revolutionary mobile money transfer service, M-Pesa.

Both well worth taking in.

Permanent link to this article: http://transformingfinance.eu/challengers/