Thursday, May 2, 2024
Silicon Valley-based mobile lending company, Branch International, recently teamed up with Visa. Following this, the fintech startup was able to successfully raise $170 million in Series C financing. Apart from Visa, Forbes notes that the business was also able...
The Singaporean-headquartered company Grab Financial Group launched new services SME lending and Micro-Insurance during Money 20/20 Asia Conference in Singapore held last March 19, 2019. On the first day of the conference, the company introduced these new products as part...
HSBC, one of the leading global lenders, offers a loan providing borrowers personal line of credit of up to $25,000. While the banking giant might not have a personal loan product, it is providing an unsecured line of credit...
The International Monetary Fund said Australia should use lending restrictions to cool a sweltering property market, while also lowering its growth projection for 2021 by 1% owing to a new coronavirus pandemic. The IMF staff noted in the closing statement...
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...
Wealth management platform Lufax reportedly intends to bail on its peer-to-peer (P2P) lending facility. This Ping An-backed company plans its exit following numerous regulatory issues. As reported by Reuters, two sources close to the wealth management platform say that Lufax...
United Kingdom British finance minister Rishi Sunak is slated to extend the Government Treasury’s business lending schemes in light of the continuing fight against the virus pandemic. According to Reuters, the four loan schemes will be extended until the...
Cornerstone Home Lending, a residential mortgage lending company based in Houston, is acquiring Roscoe State Bank, situated in Texas. According to a joint statement, the proposed merger would result in a company with assets worth about $2 billion and equity...
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...
The US Federal Trade Commission (FTC) is sending a total of $5.4 million in compensation to nearly 40,000 people affected by the student loan debt relief scam. People who send fees to EZ Doc Preps for student loan relief services...

RECENT POSTS