EU Elections Bring More Uncertainty to Fintech and Alternative Finance

Within 2 weeks the UK will have a new Prime Minister as Theresa May steps down and with this change the upheaval in fintech and alternative finance will continue; the last few years have been good to fintech with governments being very supportive, there is no guarantee this will continue; Niels Turfboer, Managing Director of fintech lender Spotcap, tells AltFi, “Fintechs and financial services companies are eager to know what’s going to happen with the Brexit negotiations – one way or the other. Uncertainty can hinder collaboration as well as partnerships, and a clear direction for the UK fintech community is crucial now to continue the momentum.”; the clearer the situation the better companies can prepare and new governments would gain a lot of favor by helping to clear this up. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!