BitGo, one of the largest custodians for digital assets, announced Thursday the launch of its first institutional-level crypto lending service, called BitGo Prime LCC.
In a press release, the crypto custody provider said that the new offering is set to...
The Department of Business Oversight or DBO released new rules on SME lending practices in the California state, giving borrowers protection from predatory practices.
Last July 29, 2018, the Responsible Business Lending Coalition (RBLC) said in a press release that...
Despite the lower loan market in Indonesia, private lender Citibank recorded a profit jump of 97% or Rp 1.64 trillion in the first six months of 2019.
Citibank ’s quality loan and higher interest income have made this breakthrough possible,...
As Europe remains on top of non-bank lending, it continues to protect its growth rate by reforming lending policies to boost a new framework.
The Alternative Credit Council (ACC) published a roadmap to reform the European Long-Term Investment Fund (ELTIF),...
A report by LearnBonds.com revealed that global fintech lending, alternative loan industry, will grow 17 percent this year to $312.6 billion.
The projected transaction value for 2030 is $390.5 billion, with the United States leading the peer-to-peer business lending. In recent...
Lending institution Well Fargo & Co. has been ordered by the state of Philadelphia to pay $10 million in damages to address its discriminatory lending practices. The court ordered the San-Francisco-based lender to settle its lawsuit following accusations that...
News about Wells Fargo’s extended loan of $250 million isn’t enough for Barneys to carry on operations while going through bankruptcy.
The US luxury retailer is meeting with the specialty team from the Great American Capital Partners to get a...
Despite having a $3B cash reserve in 2018, China continues to loan money from the World Bank to fund its domestic programs. It is still the top borrower from the Washington DC-based organization, with loans amounting to almost $2B each...
Mumbai-based company Jai Kisan raised a total of $1.5Mn to support farmers for seed funding and machines. The Fintech company also states the possibilities of expanding its operations to more than 4 major regions in India.
Jai Kisan is only...
Around 37% of American households no longer have a home mortgage to pay, according to a new analysis.
The figure grew after the Great Recession years, the online property database company Zillow said in its study. The share of homeowners...
