David Stevenson

AltFi.com

Executive Director

David Stevenson, Editor in Chief of AltFinanceNews, 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.

Event Sessions Featuring David Stevenson


Fireside Chat

Why advisers are the future of digital wealth management

The Digital Wealth Forum - 2nd October 2018

Simon used the metaphor that going to a financial advisor is similar to going to a GP. “People need the reassurance of a professional because people don’t trust themselves when it comes to investing”.

“Customers appreciate good financial planning over questionable advisors offering FTSE.”

Something the financial services industry is lacking is empathy because it is very male driven, Simon said.

He also mentioned how the “financial advisory market is not efficient, but it is still making money” and therefore is replaceable.


Fireside Chat

Removing the barriers to investment management and launching an online service within an organisation

The Digital Wealth Forum - 2nd October 2018

Jane praises how successful Investec's Click & Invest ad campaign was earlier this year, however, can't afford to compete with the likes of Schroders who are battling to be "front and center".

Eventhough the industry would have prefered if the robo arm from UBS had not shut down, Investec has still got a growing and broad customer base after starting one year ago. 

People invest approximately 50/50 in cash ISAs and stocks & shares ISAs for which Jane believes it would be much more beneficial if more investments were put in to stocks and shares ISAs as “the money would be working harder”.

Jane is uncertain that the big tech companies like Google or Amazon would expand in to the robo industry due to "there being a lot of regulation sitting around this space so it's doubtful they would see it worthwhile".

  • In his closing address, David Stevenson pointed out that Australia like the UK has a banking oligopoly and that’s a shame. But he stressed that onlookers should watch out for new players that are attacking the oligopoly.

  • He also urged caution about open banking, claiming customers are scared of it. He added that you’ll have a hard time even with open banking winning investors over.


Panel

Point of Sale Credit Providers

AltFi Australasia Summit 2018 - 16th April 2018

  • This panel looked at core products, risk and the average loan size.

  • Jonathon Kelly said that their best product was the core product flexi and that the average borrower took in $2,000 – 5,000.

  • Larry Diamond said zipMoney is a mix between credit and payments company, offering effectively a digital credit card. He said $1,000 – 5,000 is his company’s sweet spot for borrowers.

  • For Daniel Foggo and RateSetter, it’s about amortizing personal loans.The loans RateSetter looks for are typically around $35k, mostly for cars. “We’re doing this more at the point of sale nowadays. Really about the consumer finding a convenient way of funding this.”


Debate

"Retail investors will become the more important source of capital in marketplace lending" – Agree or Disagree

AltFi Global Summit 2016 - 14th September 2016



Articles By David Stevenson

Is Agrifintech the next big thing?

19th October 2018 | David Stevenson

Ranger board backtracks and opts for wind down

12th June 2018 | David Stevenson

Why property investors should tread carefully

4th May 2018 | David Stevenson

The great fintech handout

26th April 2018 | David Stevenson

What recent IPOs reveal about the state of fintech

19th March 2018 | David Stevenson

Is the mini bond bubble about to burst?

16th February 2018 | David Stevenson

Two SyndicateRoom funds open for business

5th January 2018 | David Stevenson

The Tech Majors are coming? Really?

31st December 2017 | David Stevenson

Is everyone ready for IFRS9?

13th December 2017 | David Stevenson

Why digital wealth needs to be more social

1st December 2017 | David Stevenson

Ranger Direct lending – moving towards an endgame?

23rd November 2017 | David Stevenson

In lending its all about the recovery

17th November 2017 | David Stevenson

Anyone for a Crowd VCT?

3rd November 2017 | David Stevenson

Move over PSD2 – time for Open Investment

24th October 2017 | David Stevenson

Time for a BDC revolution here in the UK

20th October 2017 | David Stevenson

Fintech consumer lenders will be forced to become banks

28th September 2017 | David Stevenson

How to make a success of PSD2

20th September 2017 | David Stevenson

Time for a new market for mini bonds

29th August 2017 | David Stevenson

Why P2P is still the crowd despite passive lending

25th August 2017 | David Stevenson

What will Roboadvice Mark 2 look like?

11th August 2017 | David Stevenson

Is new retail bond from LendInvest a buy?

25th July 2017 | David Stevenson

Contrarian Investor: Is the robo-advice revolution stalling?

12th September 2016 | David Stevenson

Thin Cats starts grading its SME borrowers

16th August 2016 | David Stevenson

Onevest beefs up network with new acquisition

29th July 2016 | David Stevenson

Australian listed p2p lender launches rights issue

7th July 2016 | David Stevenson

Fund Watch: What next for pioneer GLI?

27th May 2016 | David Stevenson

LendingClub's woes deepen

11th May 2016 | David Stevenson

A solar bond with a difference

15th April 2016 | David Stevenson

A Revolution In The Making

18th March 2016 | David Stevenson

Responding to Lord Turner

10th February 2016 | David Stevenson

What Next in 2016

26th January 2016 | David Stevenson

Market Jitters

8th January 2016 | David Stevenson

The Rates rise conundrum - good for business?

30th December 2015 | David Stevenson

Alternative lending fund lists on London stockmarket

30th December 2015 | David Stevenson

Direct lending fund Ranger taps the market for £14m

7th December 2015 | David Stevenson

Buyers Beware

23rd October 2015 | David Stevenson

The M&A Hokey Cokey

20th October 2015 | David Stevenson

The squall before the storm

14th October 2015 | David Stevenson

Avant Raises $325m in Series E

30th September 2015 | David Stevenson

The Phoenix and Check4Cancer

24th September 2015 | David Stevenson

An Alternative AltFi Investment

14th September 2015 | David Stevenson

Digging Into the iwoca Bond Issue

14th August 2015 | David Stevenson

New Choices to Emerge with Platform Funds

14th August 2015 | David Stevenson

Seedrs Joins Crowdfunding party and Raises £7.5m

31st July 2015 | David Stevenson

Boring is Best!

22nd July 2015 | David Stevenson

The New New Thing for Investors

8th July 2015 | David Stevenson

Take a Drive Down the fast lane with Elemental

26th June 2015 | David Stevenson

FundWatch: P2P Global Investments

6th May 2015 | David Stevenson

Crowdfunding takes Dragons' Den into the mainstream

14th November 2014 | David Stevenson

An Interview With Geoff Miller

24th September 2014 | David Stevenson

A year in Alternative Finance

23rd September 2014 | David Stevenson

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

10th September 2014 | David Stevenson

How to get started in P2P lending

26th June 2014 | David Stevenson

FCA D-Day looms into view

31st March 2014 | David Stevenson

The Investor Betting Big on Alternative Finance

20th February 2014 | David Stevenson

Funding Circle turns up the heat

24th October 2013 | David Stevenson

FCA review – the impact on P2P lenders?

3rd October 2013 | David Stevenson

The inevitable P2P backlash….read the script here!

10th September 2013 | David Stevenson



Articles Featuring David Stevenson

Why property investors should tread carefully

4th May 2018 | David Stevenson

What recent IPOs reveal about the state of fintech

19th March 2018 | David Stevenson

The Tech Majors are coming? Really?

31st December 2017 | David Stevenson

Why digital wealth needs to be more social

1st December 2017 | David Stevenson

Ranger Direct lending – moving towards an endgame?

23rd November 2017 | David Stevenson

What will Roboadvice Mark 2 look like?

11th August 2017 | David Stevenson

ETF guru pins fintech as next big thing

6th March 2017 | AltFi News

AltFi looks to raise £250k via Crowdcube

8th November 2016 | AltFi News

Is property a better bet than a pension?

2nd September 2016 | Lisa Walls-Hester

All is well in alternative finance

1st April 2016 | Ryan Weeks

AltFi Launch Journal of Disruptive Finance

16th April 2015 | Georgina McCreadie

Content-Led, Independent AltFi Aggregator Goes Live

10th February 2015 | AltFi News

The P2P Space Through the Public Eye

3rd July 2014 | AltFi News

$20.4 Million Poised to Hit SME Finance Space

12th June 2014 | AltFi News

The AltFi Frontline: The Reflective Phase

28th May 2014 | Ryan Weeks

AltFi Summit 2014 Sponsors’ Breakfast Interviews

10th February 2014 | Ryan Weeks