Asset Management

Nicola Horlick delays digital bank plans amid litigation finance push

Veteran fund manager says priority for Money&Co is to raise funds for clients launching legal claims

Nicola Horlick’s digital bank could lend as much as £4bn within five years of being set up
Nicola Horlick’s digital bank could lend as much as £4bn within five years of being set up Photo: Simon Dawson/Getty Images

Veteran City fund manager Nicola Horlick has delayed her digital bank launch until “later this year” as she focuses on the booming litigation finance sector.

Horlick, dubbed a City “superwoman” in the 1990s, said her peer-to-peer lending business Money&Co was in the middle of raising funds to lend to law firms eyeing work on mis-sold car finance.

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