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Post by kazamx on Oct 5, 2021 18:36:06 GMT
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Post by easterndreams on Oct 5, 2021 23:17:26 GMT
Do they have any evidence of hitting similar targets in the past at anywhere near their predicted timelines? I recall seeing this one targeted for late 2020 at one stage?
It's beginning to look like bad planning.
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Post by kazamx on Oct 6, 2021 7:28:31 GMT
Part of me does want to blame them, but I have also heard thatdoing anything with the FCA over the last few years has been a total nightmare.
Because so many P2P companies imploded after the pandemic, the FCA began tightening the rules and really going over everything with a fine tooth comb. Better for consumers, total nightmare if you are trying to do something new.
The real test will be once they get authorization. In theory they should have everything else ready to go, so we should see a quick series of announcements. By their timeline, I would say before the end of the year.
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