We have been named the ‘Most Innovative New Entrant’ at the first AltFi Awards. This award recognises the new entrant that is most likely to thrive on the basis of a unique structure. It was one of the most hotly contested awards at the event amongst the younger platforms.
Chancellor of the Exchequer, George Osborne, has announced in today’s 2014 Budget that peer-to-peer investing is going to be included in ISA savings products for the first time, as early as next year.
Timings are as yet to be confirmed, but this essentially means that investors with QuidCycle will be able to access tax-free returns that are usually higher than those offered by traditional high-street savings providers.
We take our hats off to the Church of England, following the announcement this week that there are plans to launch a credit union network, enabling the UK’s middle-income families access to micro-financing options.