News Briefing - Crowdfunding, SME And Alternative Finance

London's financial district, pulsing with money and technology, photographed from the air

1. UK – FinTech

Altfi reports:

“Tandem Bank has been given the regulatory permission to fully acquire consumer lender Oplo, bringing its total assets to £1.2bn and customer base to 171,000.

Both firms are portfolio companies of Pollen Street Capital, a private equity and debt investor, that has been active in the fintech and alternative finance space for a number of years.