Thursday, March 23, 2023
  • Login
EthozEdge
No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
Cryptocurrency Marketcap
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
EthozEdge
No Result
View All Result
Home DeFi

Alt Lending week ending 6th May 2022

by ethozedge
May 6, 2022
in DeFi
Reading Time: 4 mins read
A A
0
Share on FacebookShare on Twitter


 

When you’re looking for a long term relationship you shouldn’t go on first impressions.

This was the strapline from an advertisement from an asset management company that proudly stated that “ No one knows Smaller Companies like we do”. I couldn’t let this pass me by as they also mention that they have a large team of analysts and, would you believe it, they actually insist on meeting the management team in person, often going in pairs, like policemen in a rough neighbourhood. If analytical companies have to single this out as a USP then we are really all in trouble. OK they are talking about equities but any kind of finance requires an intimate knowledge of the people running the business. How are you supposed to get that without meeting them?  In the commercial lending field it is critical to decision making. It sometimes seems like we are forgetting how the basics are actually being handled. No one who worked for me in the credit field would ever dare tell me that they did not know the management of a company they were following or that they hadn’t visited a production centre. Tumbleweeds on the factory concourse tell you a lot more about a business than you will ever get from audited accounts.

Zombie companies a drag on UK economy.

The unreal interest rate environment that we have all lived through since 2008 looks like it might be coming to an end and talking about basics, Jeremy Warner gives us a sound lesson in basic economics and cost of capital, reminding us that there are a large number of companies out there which are only just about existing as a result of zero interest rates. This means that they are not growing, investing or innovating and are probably not going to last too much longer. The banks have no appetite to grasp this nettle and the government have still got to get to grips with the fall out from its Covid loans fraudfest.  When outfits reach this stage it is better for all of us if they quit the scene and let someone else use the resources they are wasting. I don’t think our clueless government gets this at all and neither does the opposition. Loading taxes on business and people isn’t at all helpful.  It is even more important during a time of fast technological change when investment in new processes and equipment are required.  The only good news about this is that there are several European countries that are in an even worse state than we are. Not much joy in that is there?

 

$ 500 billion under management. Not bad for a Covid start up.

This is largely family office money. QE has made the rich much richer and who gives a damn about who is left out. I am reminded of family offices every time I enter Mayfair. You can almost smell the money. With it has come a whole new breed of unregulated spivs in sharp suits who don’t necessarily know much about finance but have long contact lists in the family office space. They make their money from introductory and success fees. Over the last six months I have seen some of the mayhem they can cause. What concerns me is that there is so little actually knowledge of how the world works that inexperienced people are easily fooled by a smooth talking Joker Broker. In addition some of these guys have developed influence, through networking within regulated institutions, that they shouldn’t have. Where are the regulators when you really need them?

 

Howard Tolman is a well-known banker, technologist and entrepreneur in London,We have a self imposed constraint of 3 news stories per week because we serve busy senior  Fintech leaders who just want succinct and important information. For context on Alt Lending please read the Interview with Howard Tolman about the future of Alt Lending and read articles tagged Alt Lending in our archives.

Daily Fintech’s original insight is made available to you for US$143 a year (which equates to $2.75 per week). $2.75 buys you a coffee (maybe), or the cost of a week’s subscription to the global Fintech blog – caffeine for the mind that could be worth $ millions.

 

 

Like this:

Like Loading…

Related



Source link

Tags: 6thAltbitcoin newscrypto analysiscrypto newsEthoz EdgeLatest bitcoin newslatest crypto newsLendingWeek
Share76Tweet47

Related Posts

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain – Defi Bitcoin News

by ethozedge
March 22, 2023
0

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the...

J.P. Morgan Acquires Aumni, Investment Analytics Provider

by ethozedge
March 22, 2023
0

J.P. Morgan is acquiring investment analytics tool Aumni. While terms of the deal are undisclosed, CNBC reports that J.P. Morgan...

Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’ – Bitcoin News

by ethozedge
March 22, 2023
0

On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled...

eToro Lands $250 Million at $3.5 Billion Valuation

by ethozedge
March 21, 2023
0

eToro landed $250 million in funding at a $3.5 billion valuation The investment boosts the company’s total funding to $573...

Three Takeaways from FinovateEurope 2023

by ethozedge
March 20, 2023
0

There is a challenge when it comes to writing about an event like FinovateEurope when you’re busy covering live demos,...

Load More
  • Trending
  • Comments
  • Latest

🔴 Bank of America Bets on Crypto

April 11, 2022

Pomelo Launches Family Credit Cards to Combine Credit and International Money Transfer

August 16, 2022

How to Add Polygon (MATIC) to Your MetaMask Wallet

May 28, 2022

The Sandbox Price Prediction 2022-2030: HODL or DUMP?

May 25, 2022

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

0

At least 54 apes were stolen in BAYC Instagram hack

0

Binance Introduces New Crypto Card for Ukrainian Refugees

0

55,000 Meta Cricket League NFTs sell out in nine minutes

0

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi – Bitcoin News

March 23, 2023

LTC up +7.46%, BTC -2.03%, Litecoin is The Coin of The Day – Daily Market Update for Mar 23, 2023 | CoinCodex

March 23, 2023

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency – Regulation Bitcoin News

March 23, 2023

Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin BTC Price Hovers Near $27.3K After Fed Decision

March 23, 2023
Facebook Twitter LinkedIn Tumblr RSS
EthozEdge

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at EthozEdge

CATEGORIES

  • Altcoin News
  • Avalanche Network
  • Binance Smart Chain
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Regulation News
  • DeFi
  • Ethereum
  • EVM News
  • Fantom Opera Chain
  • Harmony Chain
  • Huobi Eco Chain
  • Metaverse
  • NFT
  • Polygon Chain
  • Scam News
  • Web 3.0
  • XDai Chain

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,822.00-1.55%
  • ethereumEthereum(ETH)$1,766.51-1.79%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.010.40%
  • binancecoinBNB(BNB)$328.06-1.31%
  • usd-coinUSD Coin(USDC)$1.00-0.05%
  • rippleXRP(XRP)$0.446408-2.04%
  • cardanoCardano(ADA)$0.3758160.54%
  • dogecoinDogecoin(DOGE)$0.0779022.56%
  • staked-etherLido Staked Ether(STETH)$1,761.12-2.03%
  • matic-networkPolygon(MATIC)$1.13-1.11%
  • solanaSolana(SOL)$21.85-2.59%
  • binance-usdBinance USD(BUSD)$1.010.08%
  • polkadotPolkadot(DOT)$6.23-1.39%
  • litecoinLitecoin(LTC)$91.6413.16%
  • shiba-inuShiba Inu(SHIB)$0.000011-0.56%
  • tronTRON(TRX)$0.062722-7.28%
  • avalanche-2Avalanche(AVAX)$17.44-0.46%
  • daiDai(DAI)$1.00-0.06%
  • uniswapUniswap(UNI)$6.21-2.33%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,905.00-1.39%
  • chainlinkChainlink(LINK)$7.40-1.53%
  • ToncoinToncoin(TON)$2.33-3.19%
  • cosmosCosmos Hub(ATOM)$11.69-1.24%
  • leo-tokenLEO Token(LEO)$3.38-0.37%
  • ethereum-classicEthereum Classic(ETC)$20.881.68%
  • moneroMonero(XMR)$154.141.15%
  • okbOKB(OKB)$45.460.99%
  • bitcoin-cashBitcoin Cash(BCH)$129.53-2.64%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • stellarStellar(XLM)$0.093452-0.75%
  • filecoinFilecoin(FIL)$5.81-0.21%
  • AptosAptos(APT)$12.785.09%
  • true-usdTrueUSD(TUSD)$1.00-0.10%
  • lido-daoLido DAO(LDO)$2.380.64%
  • hedera-hashgraphHedera(HBAR)$0.061888-2.44%
  • quant-networkQuant(QNT)$126.78-2.64%
  • crypto-com-chainCronos(CRO)$0.069513-2.68%
  • nearNEAR Protocol(NEAR)$2.01-1.47%
  • vechainVeChain(VET)$0.0234300.03%
  • blockstackStacks(STX)$1.173.30%
  • algorandAlgorand(ALGO)$0.219900-7.69%
  • internet-computerInternet Computer(ICP)$5.12-1.82%
  • apecoinApeCoin(APE)$4.100.21%
  • the-graphThe Graph(GRT)$0.1544182.35%
  • fantomFantom(FTM)$0.4928633.40%
  • eosEOS(EOS)$1.15-1.22%
  • the-sandboxThe Sandbox(SAND)$0.66-0.82%
  • aaveAave(AAVE)$77.80-0.63%
  • decentralandDecentraland(MANA)$0.61-0.97%
  • elrond-erd-2MultiversX(EGLD)$43.06-1.25%
  • tezosTezos(XTZ)$1.16-1.43%
  • immutable-xImmutableX(IMX)$1.22-1.17%
  • flowFlow(FLOW)$1.02-2.46%
  • fraxFrax(FRAX)$1.00-0.08%
  • theta-tokenTheta Network(THETA)$1.03-0.21%
  • axie-infinityAxie Infinity(AXS)$8.59-1.21%
  • kucoin-sharesKuCoin(KCS)$9.09-2.27%
  • neoNEO(NEO)$12.503.35%
  • havvenSynthetix Network(SNX)$2.74-2.05%
  • conflux-tokenConflux(CFX)$0.386611-5.16%
  • optimismOptimism(OP)$2.55-1.90%
  • BitDAOBitDAO(BIT)$0.53-3.06%
  • paxos-standardPax Dollar(USDP)$1.00-0.01%
  • terra-lunaTerra Luna Classic(LUNC)$0.000127-1.18%
  • rocket-poolRocket Pool(RPL)$39.01-2.94%
  • curve-dao-tokenCurve DAO(CRV)$0.97-2.24%
  • gatechain-tokenGate(GT)$5.27-0.01%
  • usddUSDD(USDD)$1.00-0.46%
  • mina-protocolMina Protocol(MINA)$0.83-0.76%
  • klay-tokenKlaytn(KLAY)$0.231185-2.59%
  • bitcoin-cash-svBitcoin SV(BSV)$36.69-2.67%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.78-0.84%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.780.20%
  • dashDash(DASH)$61.557.69%
  • gmxGMX(GMX)$77.93-3.64%
  • chilizChiliz(CHZ)$0.123351-0.16%
  • sapphireSapphire(SAPP)$0.7035.32%
  • makerMaker(MKR)$691.161.67%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • ecasheCash(XEC)$0.0000320.84%
  • frax-shareFrax Share(FXS)$8.06-3.93%
  • singularitynetSingularityNET(AGIX)$0.4992200.76%
  • huobi-tokenHuobi(HT)$3.68-9.12%
  • bittorrentBitTorrent(BTT)$0.000001-1.04%
  • iotaIOTA(MIOTA)$0.213135-1.86%
  • Bitget TokenBitget Token(BGB)$0.4114882.06%
  • xdce-crowd-saleXDC Network(XDC)$0.039123-3.42%
  • compound-ethercETH(CETH)$35.50-1.65%
  • EdgecoinEdgecoin(EDGT)$1.010.02%
  • pax-goldPAX Gold(PAXG)$1,986.261.64%
  • Tokenize XchangeTokenize Xchange(TKX)$6.32-1.79%
  • trust-wallet-tokenTrust Wallet(TWT)$1.20-0.28%
  • render-tokenRender(RNDR)$1.380.83%
  • tether-goldTether Gold(XAUT)$1,965.76-0.69%
  • binaryxBinaryX(BNX)$165.94-5.94%
  • zilliqaZilliqa(ZIL)$0.028126-0.93%
  • compound-usd-coincUSDC(CUSDC)$0.0228920.09%
  • osmosisOsmosis(OSMO)$0.81-2.05%
  • Halo CoinHalo Coin(HALO)$0.057352-0.04%
  • arweaveArweave(AR)$8.74-0.14%
  • loopringLoopring(LRC)$0.349208-0.17%
  • 1inch1inch(1INCH)$0.51-3.05%
  • thorchainTHORChain(RUNE)$1.41-2.31%
  • mask-networkMask Network(MASK)$5.416.08%
  • convex-financeConvex Finance(CVX)$5.41-3.12%
  • radixRadix(XRD)$0.040279-3.84%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,890.70-1.89%
  • fetch-aiFetch.ai(FET)$0.389044-1.83%
  • oec-tokenOKC Token(OKT)$22.79-0.22%
  • enjincoinEnjin Coin(ENJ)$0.4023220.33%
  • kavaKava(KAVA)$0.89-5.31%
  • casper-networkCasper Network(CSPR)$0.036711-2.66%
  • gemini-dollarGemini Dollar(GUSD)$1.000.08%
  • nexoNEXO(NEXO)$0.702.36%
  • btse-tokenBTSE Token(BTSE)$2.400.81%
  • zcashZcash(ZEC)$35.77-0.93%
  • dydxdYdX(DYDX)$2.53-1.12%
  • DeFiChainDeFiChain(DFI)$0.56-3.17%
  • FlareFlare(FLR)$0.0318391.74%
  • FLOKIFLOKI(FLOKI)$0.000038-2.83%
  • MagicMagic(MAGIC)$1.77-3.06%
  • cdaicDAI(CDAI)$0.022244-0.02%
  • EthereumPoWEthereumPoW(ETHW)$3.42-1.04%
  • basic-attention-tokenBasic Attention(BAT)$0.243285-1.19%
  • ethereum-name-serviceEthereum Name Service(ENS)$13.90-1.88%
  • DogechainDogechain(DC)$0.001787-24.98%
  • nemNEM(XEM)$0.039529-2.08%
  • WEMIXWEMIX(WEMIX)$1.42-4.72%
  • qtumQtum(QTUM)$3.334.58%
  • woo-networkWOO Network(WOO)$0.206800-0.13%
  • Nexus MutualNexus Mutual(NXM)$50.65-1.70%
  • Aleph ZeroAleph Zero(AZERO)$1.569.00%
  • injective-protocolInjective(INJ)$4.271.72%
  • terra-luna-2Terra(LUNA)$1.41-0.03%
  • baby-doge-coinBaby Doge Coin(BABYDOGE)$0.000000-2.02%
  • holotokenHolo(HOT)$0.0018640.41%
  • theta-fuelTheta Fuel(TFUEL)$0.0538130.31%
  • galaGALA(GALA)$0.041829-3.67%
  • ravencoinRavencoin(RVN)$0.026365-2.63%
  • kusamaKusama(KSM)$34.26-1.21%
  • celoCelo(CELO)$0.62-1.58%
  • compound-governance-tokenCompound(COMP)$44.18-0.35%
  • oasis-networkOasis Network(ROSE)$0.058638-2.08%
  • Access ProtocolAccess Protocol(ACS)$0.0099624.04%
  • Gains FarmGains Farm(GFARM2)$8,150.47-3.33%
  • decredDecred(DCR)$19.66-0.90%
  • bitcoin-goldBitcoin Gold(BTG)$16.65-2.30%
  • BeldexBeldex(BDX)$0.0555011.08%
  • olympusOlympus(OHM)$10.290.35%
  • gnosisGnosis(GNO)$110.32-1.46%
  • yearn-financeyearn.finance(YFI)$8,656.60-2.50%
  • KaspaKaspa(KAS)$0.016147-0.55%
  • linkLINK(LN)$41.941.42%
  • audiusAudius(AUDIO)$0.282126-2.40%
  • AstarAstar(ASTR)$0.064452-5.59%
  • ankrAnkr Network(ANKR)$0.033976-0.79%
  • safemoonSafeMoon [OLD](SAFEMOON)$0.000000-1.44%
  • harmonyHarmony(ONE)$0.0220641.96%
  • nucypherNuCypher(NU)$0.2069573.67%
  • balancerBalancer(BAL)$6.64-1.40%
  • liquity-usdLiquity USD(LUSD)$1.020.30%
  • chiaChia(XCH)$37.81-1.32%
  • Bone ShibaSwapBone ShibaSwap(BONE)$1.11-6.89%
  • bloxBlox(CDT)$0.384226-12.09%
  • IdeaChainIdeaChain(ICH)$4.730.00%
  • ftx-tokenFTX(FTT)$1.89-21.52%
  • SSV NetworkSSV Network(SSV)$35.67-4.48%
  • stepnSTEPN(GMT)$0.399112-1.60%
  • omisegoOMG Network(OMG)$1.790.27%
  • BlurBlur(BLUR)$0.606.16%
  • huobi-btcHuobi BTC(HBTC)$27,860.00-1.22%
  • Crypto Gladiator LeagueCrypto Gladiator League(CGL)$0.16194440.57%
  • convex-crvConvex CRV(CVXCRV)$0.85-2.76%
  • AstraferAstrafer(ASTRAFER)$1.58-2.01%
  • golemGolem(GLM)$0.242903-0.65%
  • Gains NetworkGains Network(GNS)$7.92-2.45%
  • iotexIoTeX(IOTX)$0.025209-0.36%
  • moonbeamMoonbeam(GLMR)$0.3914110.17%
  • Manchester City Fan TokenManchester City Fan Token(CITY)$11.87-1.78%
  • world-mobile-tokenWorld Mobile Token(WMT)$0.2920233.33%
  • jasmycoinJasmyCoin(JASMY)$0.004833-1.10%
  • justJUST(JST)$0.025738-4.70%
  • escoin-tokenEscoin(ELG)$2.850.32%
  • ecomiECOMI(OMI)$0.000845-1.45%
  • DAO MakerDAO Maker(DAO)$1.532.57%
  • kadenaKadena(KDA)$1.02-2.54%
  • Meerkat SharesMeerkat Shares(MSHARE)$11,715.17-5.03%
  • wavesWaves(WAVES)$2.24-1.82%
  • tether-eurtEuro Tether(EURT)$1.091.14%
  • Staked LunaStaked Luna(STLUNA)$88.35-0.49%
  • Frax EtherFrax Ether(FRXETH)$1,766.21-1.89%
  • amp-tokenAmp(AMP)$0.003901-2.08%
  • terrausdTerraClassicUSD(USTC)$0.021813-2.56%
  • band-protocolBand Protocol(BAND)$1.70-2.08%
  • sushiSushi(SUSHI)$1.09-6.03%
  • siacoinSiacoin(SC)$0.0040700.12%
  • LiquityLiquity(LQTY)$2.26-2.04%
  • Ankr Staked ETHAnkr Staked ETH(ANKRETH)$1,925.73-2.13%