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Nicola Horlick to seek bank licence for Money&Co with £50m fintech funding target
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Nicola Horlick, the fund manager once dubbed the City “Superwoman”, plans to raise around £50m as part of a banking licence application she claims will transform her peer-to-peer lending business into a “digital merchant bank”.
Horlick, who set up Money&Co in 2013, said it was “highly likely” she would start the application process this year after shelving similar plans in 2020.
“If...
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