Fintech Insider Podcast by 11:FS
1h 2min2018 DEC 10
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Our hosts Simon and Ryan are joined by Menno van Leeuwen, Head of Business & Customer Development at Moneyou, Guy Stiebel, VP Products at SCANOVATE and Paul Stamper, Head of Financial Services, Ipsos MORI. First up, all the misinformation in the world. Monzo attacked for lending customers money to buy its shares. Monzo, has been accused of “going beyond the pale” by allowing its customers to get into debt to buy its shares. As discussed on last week’s show, Monzo is aiming to raise £20 million through crowdfunding. The prospectus shows that it will allow eligible customers to go overdrawn by up to £1,000 to buy shares. Brexcellent preparations. As things stand regarding Brexit, banks and others will need bases in the EU27. Danièle Nouy, the head of the supervisory arm of the European Central Bank (ECB), said recently that 37 firms, including 25 banks, had secured new or improved licences or were close to doing so. ECB is insisting that banks set up more than mere “empty shell...

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