While Amazon is unlikely to buy a bank in 2018, they are still a threat to banks and other fintech companies; the company is already involved in payments, cash, debit cards, small business lending and consumer credit; Tearsheet shares how retail and financial services companies are becoming more intertwined and how this is a trend that will continue into 2018; the way consumers interact across various apps and accounts is also having a significant effect on banks. Source
The bonds have a minimum investment of £2,000 and offer investors a 5.37% return per year until 2023; the offer will close at or before 12 pm on March 29th; Christian Faes, co-founder of LendInvest stated, “We are delighted to be coming back to the market so soon after the successful issue of our first oversubscribed bond in August 2017.” Source