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Why Are Supposedly Smart Financiers Flushing Their Money Down the Fintech Toilet?

Fintech Financial Fantasy

Date Published: 2 October 2017

Category: Investment, Robo-advice

Fintech Financial Fantasy Last year we wrote a report on the folly of the UK Robo Adviser fintechs [1] showing how ‘UK Robo Advisers are ‘wired’ to lose money, and most will go bust before acquiring the sizeable assets under management to ensure their sustainability.’ Unfortunately, the UK Treasury seems to either have not read the

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Why Are Supposedly Smart Financiers Flushing Their Money Down the Fintech Toilet?

The Fintech Folly – Why Are Supposedly Smart Financiers Flushing Their Money Down the Fintech Toilet?

Date Published: 31 May 2016

Category: Robo-advice

I started my fund management career back in 1986 and have seen my fair share of insane business models over the years. Over those 30 years I have analysed countless business plans and company report and accounts.   Very few have possessed the lack of fundamental financial sense or business reality of the various UK Fintech

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