DWP Faces Backlash Over Universal Credit Changes

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The Department for Work & Pensions (DWP) recently went under fire for its plans to double the application time for parents on the current...

Alibaba Founder Jac Ma Steps Down as Chairman

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Jac Ma, the wealthiest man in China, has officially retired as Alibaba’s chairman on Tuesday, September 10, during his 55th birthday. This marks the...

Nigerian Fintech Kuda Raises $1.6M Funding

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Nigeria’s first digital-only bank Kuda receives pre-seed funding of $1.6 million led by Haresh Aswani, after being granted a banking license from the Central...

Fintech startup SuperAtom Secures $24 Million Funding

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Indonesia-based fintech startup SuperAtom has secured a $24 million funding led by Gobi Partners, a venture capital firm focusing in Northeast and Southeast Asian...

Ohio-Based Unicorn Root Insurance Rakes in $350M in Funding

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Auto coverage early-stage firm Root Insurance received $350 million in the recently concluded Series E funding round, reports Crunchbase. This brings the company’s pool...

Online Lenders Face Charges Against Debt Shaming

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Three online lending firms in the Philippines have been fined by the National Privacy Commission (NPC) due to a series of debt shaming incidents....