Lufax Plans to Bail on P2P Lending, Cites Regulatory Issues
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...
Peter Thiel-Backed Fintech N26 Is Now Valued at $3.5 Billion
N26 GmbH, a Berlin-based smartphone bank, has extended its funding by $170 million to a total $470 million. This fresh funds boosted the company's...
Blackstone Remains Exceedingly Positive Despite Seeing Profits Drop By 58%
Blackstone, the U.S. alternative asset management and financial services provider, recently posted a 58% drop in net income due to a decline in investment...
Taipei Cabinet Passes Draft to Increase Farmers’ Insurance
The Executive Yuan committee in Taiwan recently passed the draft to help boost the farmers’ insurance. This proposed bill intends to increase the insurance...
New Credit Card Automatically Cancels Your Free Trial
DoNotPay, world’s first robot lawyer launches new service to automatically cancels subscriptions after the free trials.
The virtual credit card can be used to register...
FNZ Acquires Wealth Management Software Firm JHC
Global fintech company FNZ has acquired wealth management software firm JHC, marking the fusion of two of the strongest broking platforms in the UK....
