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Your daily download of all things alternative finance and fintech, from us at AltFi


 


David Stevenson


David Stevenson, Executive Director of AltFi, is a columnist for the Financial Times (the Adventurous Investor), Investment Week and Money Week. He’s an experienced media entrepreneur (he’s set up a number of online media companies focused on online TV and viral videos) and knowledgeable investment expert. He was also one of the very first journalists to write about the sector in the main nationals.

Click here to see our other contributors.


Articles by David Stevenson

An alternative way to play the growth in alternative finance

21st November 2016

There’s a reasonable chance that if you’re reading this website then you already think that alternative finance could be set for rapid growth. The $64m question then becomes how to play this ...

Debt consolidator Versara snaps up marketplace lender Peerform

18th November 2016

Personal loan platform boosts Versara’s growth strategy aimed at consumers   Over the last few month’s we’ve seen growing evidence that the alternative finance space is maturing ...

Fast growing US small business marketplace snags $20m in new funding round

26th October 2016

SME focussed Lendio gets backing from media giant Comcast   Lendio has just announced that it has secured a round of funding from Comcast Ventures and Stereo Capital to accelerate its growth ...

Digital bank Starling moves closer to launch with first debit card payment

12th October 2016

Deal with MasterCard sets stage for January 2017 launch   Digital bank Starling has completed its first card payment after partnering with global payments and technology company Mastercard, ...

Manchester based invoice platform scoops £6.25m in funding

21st September 2016

DueCourse looking to raise another £10 to £15m over next year   Manchester based DueCourse has secured £6.25 million of investment in its latest round of funding. The current ...

Contrarian Investor: Is the robo-advice revolution stalling?

12th September 2016

Robo-advisors are the hot topic this week as both RiskSave and Wealthify have equity crowdfunding campaigns running. David Stevenson gives us his view of the sector and highlights were robo-advice is most ...

Alternative lender in SME space joins bankers association

7th September 2016

Just Loans Group PLC signs up as associate member of BBA   Stockmarket listed alternative SME funder Just Loans Group has become the first alternative commercial lender to become an Associate ...

Thin Cats starts grading its SME borrowers

16th August 2016

The P2P lender says its new grading system will help investors understand the risks better.   Talk to any bond investor and they’ll probably be able to very quickly rattle of the credit ...

Marketplace industry turmoil brushed off by Marlette as it pulls off big securitisation

5th August 2016

US based platform behind Best Egg closes MFT $205 m securitisation   The Marketplace lending sector in the US has had a tough few months, in large part because of Lending Club’s well publicised ...

Onevest beefs up network with new acquisition

29th July 2016

FounderDating snapped up to create largest network for business owners online   The internet has provided a huge boost for transactional and funding based business models, but arguably the biggest ...

Spanish market hots up as two crowd platforms get regulatory OK

8th July 2016

Spanish regulator greenlights Crowdcube and MytripleA with local crowdfunding permits   The regulatory body of the Spanish stock market called the Spanish Securities Exchange Commission, or ...

Australian listed p2p lender launches rights issue

7th July 2016

DirectMoney asks local investors for $5.7m in extra funding via discounted rights issue   Stockmarket investors looking to invest in fast growing p2p online lending platforms haven’t exactly ...

Property based P2P: Time to head for the exits? Don’t rush to any quick judgements

17th June 2016

Investors are always on the lookout for big signals indicating a big move in a major market. The news today that leading house builder Berkeley Group says that reservations for its new homes are down ...

New dating platform for commercial finance brokers and lenders launches

9th June 2016

Fundbay targets commercial finance brokers with product agnostic, free to lender offering which will include P2P platforms The alternative finance revolution may harbour ambitions of disrupting the ...

Invoice funding platforms change model and put skin in the game

6th June 2016

Platform Black and Investly announce moves to put own capital at risk   One of the main recent criticisms of market place lending as a business model has been the absence of what’s called ...

Time to Think Again About Investing in Invoice Funding

6th June 2016

Platform Black and Investly decide to put their own capital at risk on their platforms   Talk about P2P or marketplace lending to most adventurous investors and they probably very quickly mention ...

Fund Watch: What next for pioneer GLI?

27th May 2016

It’s easy to forget that the first real alternative finance fund listed on the stock market in the UK wasn’t the big daddy of the sector, P2PGI, but the much smaller GLI. This started out as ...

LendingClub's woes deepen

11th May 2016

Goldman Sachs and Jefferies rumoured to have put securitisation on hold.   Leading US market place lender LendingClub hasn’t had the best few days. Yesterday its shares collapsed in value ...

Is marketplace lending in crisis? What impact can we expect on the UK listed funds?

10th May 2016

The shine has very definitely come off the marketplace lending revolution amongst public market investors. Yesterday’s 35% fall in the share price of US market leader Lending Club caps a truly extraordinary ...

A solar bond with a difference

15th April 2016

One of the more interesting developments of recent weeks has been the emergence of mainstream asset managers within the alternative finance space. Just this week for instance AltFi reported that Octopus ...

British Business Bank backs its first cash advance platform

22nd March 2016

Liberis scoops £5m facility from government backed bank and pushes past £100m in loans   London based merchant cash advance platform Liberis has scored a major success with news ...

Leading VCT provider launches its own crowdfunding platform

21st March 2016

Venture capital outfit Downing targets advised clients – Julia Groves heads new business   London based VCT and EIS specialist Downing - currently managing over £700 million in assets ...

A Revolution In The Making

18th March 2016

This week in CrowdView we’re stepping back from our usual focus on up and coming campaigns as well as current investment offers, and focusing instead on the bigger crowd inspired picture. You might ...

Budget Update 2016: Chancellor sweetens the pill for investors and savers

17th March 2016

Alternative finance platforms should benefit from big changes in ISA and CGT   Anyone looking for a quick sugar rush of extra spending and big tax cuts will have been disappointed by the budget ...

Crowdfunder SyndicateRoom goes old school and sets up as a stockbroker

14th March 2016

Equity platform goes full circle and offers investor access to retail IPOs   Cambridge based equity crowdfunding platform Syndicate Room has today announced that it has become in effect an old ...

US Platforms Looking To Raise Capital In The UK – The Next Big Thing

18th February 2016

The steady drumbeat of rumours about US marketplace lenders looking to access UK markets is getting louder. None of the leading outfits such as Lending Club or Prosper have confirmed to us that they are ...

UK Bond Network’s latest offering under the microscope: an analysis

13th February 2016

We’ve long wondered why the alternative finance bond market has, until now, solely focused on private businesses. Surely there are enough smaller businesses listed on the alternative (AIM) and main ...

Responding to Lord Turner

10th February 2016

Oh to be a fly on the wall this morning, listening in with CEOs from the alternative finance space as they munched their Rice Crispies while listening to the BBC’s Today programme.   Lord ...

Crowdfunding equity : Lessons from Mainstream Equity Markets

8th February 2016

The failure this week of crowdfunded business Rebus has stirred up a debate that we suspect just won’t go away i.e whether equity investments via the crowd are worth the obvious risk of failure. ...

What Next in 2016

26th January 2016

2015 wasn’t a great year for public markets, with the vast majority of equity markets chalking up big losses. Bond investors didn’t do much better with some more specialist forms of corporate ...

Market Jitters

8th January 2016

Happy new year!   Not!   It has been the worst start to the year for Chinese equities for two decades and the week isn’t even over yet. The latest twist in the plot has been ...

The Rates rise conundrum - good for business?

30th December 2015

The single biggest non story of the year has been the US interest rate hike. Countless gazillions of words have been written about the possibly calamitous side effects of the US Federal Reserve’s ...

Alternative lending fund lists on London stockmarket

30th December 2015

Honeycomb targets 8% yield by lending to consumers and SMEs.   The market for listed funds looking to tap into the marketplace lending scene might be cooling at a rapid rate but that doesn’t ...

A double header: Assetz’s Quick Access Account and Business Agent’s campaign

10th December 2015

We’re got a double header for readers this week, comprising two very different ‘crowd’ based investment ideas. Our suspicion is that the more popular and accessible product will probably ...

Direct lending fund Ranger taps the market for £14m

7th December 2015

Ranger Direct Lending, a relatively new fund manager offering access to the direct lending market in both the US and the UK has announced that it has raised £14.1m via a tap issue for 9.99% of share ...

Can the crowd help turbo charge the electric car revolution?

20th November 2015

By David Stevenson & Sam Hodges   One of the most interesting funding projects this year called POD Point has just gone live on Crowdcube looking for a combined investment of £1,750,000 offering ...

East London Property Bond Raises £5.4m with a 10% Interest Rate

26th October 2015

Another week, another mega mini bond issue, this time from property group LMSL. Their East London property bond has raised £5.4m on platform CrowdBnk and the last time we looked this offer has just ...

Buyers Beware

23rd October 2015

All good things must come to an end. For the last few years the fast growing world of alternative finance has been enjoying something of a honeymoon, where nothing could go wrong and opportunity was boundless. ...

The M&A Hokey Cokey

20th October 2015

I’ve been writing or making TV programmes about all sorts of up and coming business sectors for getting on for 25 years now (God that long!) and I can always sense the moment when a nascent industry ...

The squall before the storm

14th October 2015

The TrustBuddy debacle has the makings of a cracking business scandal. Buccaneering Vikings, suggested operational fraud, suspensions, payday lending – it’s all there. And unfortunately the ...

Avant Raises $325m in Series E

30th September 2015

Chicago based consumer lending platform Avant has raised an additional $325m via a Series E funding round, with total equity raised now hitting $659m – reports suggest that the business is now being ...

The Phoenix and Check4Cancer

24th September 2015

Definition of the Phoenix : “(in classical mythology) a unique bird that lived for five or six centuries in the Arabian desert, after this time burning itself on a funeral pyre and rising from the ...

An Alternative AltFi Investment

14th September 2015

Lending money to businesses is one of the key pillars of the alternative finance revolution. Outfits such as Funding Circle and Market Invoice focus on democratising finance for SMEs. Their central innovation ...

Digging Into the iwoca Bond Issue

14th August 2015

This week on CrowdView we’re abstaining from our usual look at the go-go world of crowdfunding equity based campaigns and focusing instead on the loans space – or should we say bonds space! ...

New Choices to Emerge with Platform Funds

14th August 2015

Choices, choices, choices! When alternative finance providers such as Zopa first emerged at the tail end of the last decade the business model was a simple choice based market place approach. As an investor ...

Seedrs Joins Crowdfunding party and Raises £7.5m

31st July 2015

At Crowdview our regular focus is on projects looking for funding through one of the main equity based platforms, but increasingly another opportunity has started to take centre stage – backing the ...

Boring is Best!

22nd July 2015

A new business targeting Lone Workers via an app is never going to set the world alight but we think this new CrowdCube campaign is worth watching….   More on crowdfunding campaign: StaySafe   Web ...

The New New Thing for Investors

8th July 2015

Alternative finance is the sexy, shiny new thing, the disruptive space jam packed full of peer to peer lenders and crowdfunders generating more column inches of newsprint than profits as they valiantly ...

Take a Drive Down the fast lane with Elemental

26th June 2015

Focus this week : The Elemental Motor Company Platform: Syndicate Room Looking to raise: £600,000 Pre money valuation: £1.7m Already raised: £342,380 Product: the Rp1 road ...

Is the risk of investing in P2P loans worth the bother?

12th June 2015

Over in Money Week, our executive editor David Stevenson recently looked at the full range of returns from investing in the fast growing P2P lending space and explored how an ordinary investor might build ...

The Investment Opportunity in Peer-to-Peer Mortgages

12th May 2015

Alternative finance is fast growing up and becoming a mainstream option for adventurous investors, with more and more the platforms looking to raise money for their own rapid expansion plans helped along ...

FundWatch: P2P Global Investments

6th May 2015

Every month in FundWatch we’ll look at a specialist fund that offers investors a collective way to invest in the alternative finance sector – this month we kick off with the first and still ...

Major new fund enters the alternative finance space – Eiffel eCapital launches with ambitions to become a major player as institutional capital floods into sector

24th February 2015

The battle between alternative finance funds looking to access institutional capital has moved up a gear today as Shepherd Capital, an experienced player in the P2P lending space (a Top 5 investor in LCA ...

Financial Disruptors Index: First Three Months of ‘live’ returns

21st January 2015

The world’s only ‘live’ stockmarket equity index specifically tracking the fortunes of the growing alternative finance space has just reported its first three months performance – ...

Crowdfunding takes Dragons' Den into the mainstream

14th November 2014

Crowdfunding has captured a disproportionate share of the media’s coverage of the alternative finance space. Virtually every day you’ll probably run into a sexy new  campaign looking to ...

An Interview With Geoff Miller

24th September 2014

Geoff Miller’s GLI Finance has had an active few days – it’s just announced that its investing in a whole new swathe of alternative finance businesses, in the UK and beyond ! GLIF is ...

A year in Alternative Finance

23rd September 2014

David's presentation from the 2014 AltFi Awards looking at some 'magic moments' from the past year in the sector.   ...

Just how dangerous is it in the new world of crowdfunding?

10th September 2014

Over the last few years the alternative finance sector - which incorporates everything from crowdfunding of equity through to P2P loans - has had a fantastic press. Literally thousands of articles here ...

How to get started in P2P lending

26th June 2014

Last month I took my first in depth look at the fast growing world of alternative finance, exploring the three main platforms (Zopa, Ratesetter and FundingCircle)  all of whom offer yield starved ...

Peer-to-Peer Lending shoots past the £1.5 Billion Mark - sector grows 50% in just 5 months!

27th May 2014

The peer-to-peer lending sector in the UK has surged past the £1.5 billion mark, according to the latest figures published by AltFi Data.   The P2P segment of the Liberum AltFi Volume ...

FCA D-Day looms into view

31st March 2014

FCA regulation of the P2P lending sector kicks off tomorrow, and as you'd expect this major step  change has attracted a fair bit of comment from the leading platforms, not all of it quite as ...

P2P meets club points? New P2P player Madiston launches loyalty scheme

28th March 2014

New P2P lender Madiston LendLoanInvest is launching a loyalty scheme to attract more lenders and borrowers to register on the site.    The award system will be called PAID (Participation ...

The Investor Betting Big on Alternative Finance

20th February 2014

Geoff Miller is a man in a hurry. The former investment analyst and fund manager is now quietly but aggressively building an Alternative Finance powerhouse out of a London listed business called GLI Finance, ...

Funding Circle turns up the heat

24th October 2013

Every big new business sector transformation tends to go through three big phases – with AltFinance no stranger to this corporate evolution. The first phase is the exciting “bootstrap” ...

Platforms today, Banks tomorrow as sector grows at breakneck speed: APEX Insight report on P2P

17th October 2013

We’ve finally managed to lay our hands on Apex Insight’s latest report on the sector – Peer-to-Peer Lending: Market Insight Report 2013 with more details at www.apex-insight.com.   It’s ...

FCA review – the impact on P2P lenders?

3rd October 2013

It’s rare that a fairly dry sounding FCA consultation paper with the title CP13/10 “Detailed Proposals for the FCA regime for consumer credit” makes it onto the top story slot on BBC ...

The inevitable P2P backlash….read the script here!

10th September 2013

All good things eventually come to an end. The fantastic press coverage enjoyed by the whole AlternativeFinance space has been nothing short of priceless. Endless column inches of articles by the mainstream ...

GLI Finance pushes into AltFinance space with Platform Black deal

4th September 2013

For the last few years the AltFinance industry has mostly flown below the radar of major public institutional investors, preferring to take early stage money from venture capitalists and private equity ...