AltFinanceNews is delighted to announce the following sponsors for the fast-approaching AltFi Summit 2014!
Simon champ, formerly at City investment bank Liberum and now the CEO of P2P Capital Solutions, is determined to transform the P2P lending space. Backed by the hedge fund Marshall Wace, P2P CS will list a closed fund that will invest across the P2P space, before building a global advisory business that will work with alternative finance platforms to help raise funds from wealth advisors and other institutions.
PwC helps organisations and individuals create the value they’re looking for. Our clients range from some of the world’s largest multinationals to many small and medium-sized enterprises. And they are based in almost every country in the world, each with its own business environment and trends.
Globally, we’re a network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. In the UK, we have 34 offices employing over 17,000 people across the UK and the Channel Islands.
Liberum is an independent pan-European investment bank providing equity research, sales and trading to institutional investors and capital markets advisory services to companies. The firm was founded in 2007 and is owned by its 155 staff. Liberum place a high value on innovation, being responsible and accountable, and challenging itself to become better. In six years Liberum has become one of the most respected independent investment banks in the UK.
GLI Finance Limited ("Company" or "GLIF") is a Guernsey-domiciled loan company listed on the AIM market of the London Stock Exchange (ticker GLIF). The Company's objective is to produce a stable and predictable dividend yield, with long term preservation of net asset value. This the Company aims to achieve through the provision of secured lending to small and medium sized companies. GLIF achieves this through investment in and through a number of both online and offline finance businesses, seven of which are peer to peer platforms.
By cutting out the banks RateSetter can pass savings directly to the customers delivering better rates for both savers and borrowers. Better rates supported by a service that has 98% of customers willing to recommend RateSetter. All of this backed by an industry first Provision Fund that has delivered 100% of funds back to every investor and several "Most Trusted" awards has led to a 300+% growth rate in 2013 and over £146m lent to UK consumers.
rebuildingsociety.com is a peer-to-business lending platform that connects creditworthy UK businesses looking for a loan with individuals prepared to lend their own money for returns that outstrip retail savings products. It offers a primary auction market and a secondary market where portfolios of loans can be bought and traded quickly. All loans are credit-checked by rebuildingsociety.com supported by substantiated personal guarantees and loans over £50,000 require asset security, either a personal asset or business debenture, to minimise the risk of losses for investors. To date, rebuildingsociety.com has recorded no defaulted loans and the average gross return for lenders is c.15%.
The Microexchanges team launched The Real Asset Company in 2010, with a view to providing an investment platform that gives the retail investor access to the security and efficiency of the wholesale bullion markets. Microexchanges is a technology provider and shareholder of a number of innovative startups in the alternative finance sector.
Platform Black provides businesses with invoice finance on their terms:
- Flexible: No contracts, no facility ceilings, no limits on how much the business can raise against any one customer.
- Choice: Businesses choose the invoices they want to finance.
- On their side: By speeding up the payment cycle, businesses can access their cash - helping businesses grow.
- Empowering: Putting cashflow control back in the hands of the business owner, not the banks or their largest customers.
- Providing fair value: The business decides the maximum amount they wish to pay for finance. It will never be more - only less.
FundingKnight provides a web platform for crowdlending. The website matches people wanting to earn a better return on their savings with small British businesses seeking to widen their access to funding. FundingKnight offers loans of between £25,000 and £150,000 for periods of up to five years. FundingKnight vets the applications and gives all business loans a shield rating to help investors evaluate the risk. Investors build portfolios, spreading their funds across many different business loans to reduce risk. Investors who have participated in all the loans offered through the FundingKnight crowdlending website would on average be earning around 10% p.a.
FINPOINT GmbH is a specialized IT platform developer for SME financing and an intermediation platform offering banks and financial institutions a systematic access to financial projects. Borrowers use a structured virtual data room for their financial information, can request & define multiple financial projects, different collateral structures and set a credit profile backed up by data and documents. Credit scoring is provided automatically with the application. A summary description will then be posted anonymously on the system’s Listing Board where banks and financial institutions can filter relevant financial requests. Direct contact follows a strict process involving a project invitation and an electronic NDA. Companies using FINPOINT gain a simple, secure and structured access to financing institutions while remaining in control of the whole process.
CrowdShed Limited is a new and disruptive crowdfunding business. CrowdShed.com (and its associated platforms) brings together reward-based, donation-based, commercial lending and equity investment crowdfunding opportunities, democratizing the funding process for individuals, groups and businesses while also providing a platform to promote business for the better. We will help entrepreneurs, businesses and project leaders raise funding for prototype production runs, technology, research, the arts, sport, business and community projects through crowdfunded campaigns. We are different to other web based fundraising platforms due to our approach, ethos and user experience.
European Receivables Exchange
The European Receivables Exchange is a Danish based invoice/receivables exchange, which operates and markets itself under the local name Dansk Faktura Børs A/S - (www.danskfakturabors.dk). It is Denmark’s first and only online marketplace allowing companies to selectively sell outstanding invoices to raise working capital. The first auction was held in May 2012, and since then more than 700 auctions have been completed. Dansk Faktura Børs was launched in December 2011 by business partners Kasper Oldby and Juri Cetti. Both co-founders have a background in investment banking, and met at Nordea Bank, where Oldby worked in corporate finance and Cetti was Head of Institutional Equity Sales.
LendInvest is a peer-to-peer lending platform for mortgage loans. It has been incubated out of Montello, which is one of the leading short-term mortgage lenders in the UK. Backed by the significant experience and track record of Montello as an existing lender. The platform launched in May 2013, and has been experiencing exponential growth.
Wellesley & Co. is a Peer-to-Peer lending platform that lends its own capital alongside lenders using the platform. Set up in November 2013, Wellesley & Co provides loans to creditworthy borrowers secured against property and offers lenders rates of return for fixed terms up to 7.5%. Wellesley & Co. is unique as it is the first Peer-to-Peer lending platform to risk its own capital and to date has funded over £4,000,000 of loans. With an experienced board of Directors, Wellesley & Co intends to become a mainstream player in the burgeoning Alternative Finance sector.
ThinCats was established for serious investors and with major institutional investors in mind. Since January 2011 over 200 loans totaling £54m have been made, doubling every 6 months. We always take security and use traditional relationship banking methods to assess loans. The average loan size was £300k in 2013. ThinCats is the second largest peer to business platform in the UK and is unique in being profitable, since October 2012. We have now made two loans of £2m but to develop our capacity to make loans of £5m and more we need to find an institutional partner.
Proplend is a Peer to Peer Lending Platform which offers private and institutional lenders, who may not otherwise have access to UK real estate lending opportunities, the ability to lend directly to borrowers with the loan being supported by 1st charge security over an income-producing commercial property. By circumventing the traditional banking system, lenders can receive attractive secured returns through loan tranching and borrowers gain access to loans not readily available in the marketplace.
Find out more about the AltFi Summit 2014 by following the link below!
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.