Fintech firm Sezzle, Inc. has decided to increase its lending power in light of the upcoming holiday season, reported Twin Cities Business. This led to the company boosting its financing services by at least 300% with the help of...
Japan’s Government Pension Investment Fund (GPIF) announced its decision to stop lending to short sellers in the industry last Tuesday, December 3, 2019. Under the new ruling, the largest pension fund in the world will halt its $390 billion...
Singapore-based lending startup FinAccel revealed Monday, Dec 2, it has secured a $90 million capital in a Series C equity funding round led by Asia Growth Fund and Square Peg. The fundraising round marks one of the largest funding...
India’s fourth-largest bank slowly moves up from the banking crisis after investors pledged commitment for capital funding at around $2 billion.
In the stock exchange filing which happened last Friday, Nov. 29, the bank said that several investors ‘expressed agreement...
The Bangko Sentral ng Pilipinas (BSP) or the Central Bank of the Philippines approved easier lending and borrowing processes for overseas Filipino workers (OFWs). The announcement was made over the weekend via the Monetary Board.
The change in the lending...
Canadian PayTech firm VoPay announced Wednesday, Nov 27, it has entered the Canadian Lenders Association (CLA) to help bolster digital lending growth across Canada.
In a press release, the innovative payment technology firm shared its delight with the latest move.
“We...
The Reserve Bank of New Zealand (RBNZ) recently said that it will not lift mortgage restrictions due to rising risks. The RBNZ’s six-month Financial Stability Report revealed the country’s financial system remains stable. However, risks continue to increase, reported...
Netherlands-based Wolters Kluwer announced Tuesday, Nov 26, the launch of its Online Applications for Consumer Lending (CLA), a digital offering that helps further the online loan origination capabilities of community banks and credit unions in the U.S.
In a press...
E-commerce platform KinerjaPay recently revealed that it will be receiving a license to operate in Indonesia this coming December. PR Newswire said that the permit allows KinerjaPay’s Indonesian subsidiary OT Kinerja Sukses Gemilang (PT.KSG) to launch its peer-to-peer (P2P)...
Max’s Group Inc. announced last Tuesday, November 19, 2019, its successful loan agreement with the Development Bank of the Philippines (DBP). The total loan amount secured by MGI amounts to P2 billion, including the term loan signed by its...
