Crypto lending company Celsius broke another record after reaching the $4-billion mark in initiated crypto loan records, reported PR Newswire. Considered as the fastest growing lending firm for cryptocurrencies, it was also able to raise $450 million in deposits...
Renowned mortgage lender Better.com announced its plans of hiring veterans in partnership with Shift.org last Monday, November 11, 2019. By 2025, the lending institution intends to add approximately 5,000 veterans under its company. Better.com is a leading mortgage lending company...
A new mobile-based loan service targets fast-growing small and medium-sized enterprises in Kenya, which led to the injection of loan funds of Kenyan banks. A total of $97 million loans was issued for the mobile-based lending scheme. The idea came...
Singapore Central Bank plans to expand financial services to strengthen the economy for the impact of climate change. The Monetary Authority of Singapore believes that the Central Bank eyes this opportunity to swell the sustainable grant program. According to Managing...
Two out of four key players in Australia’s banking sector reportedly amplified their lending to companies in the fossil fuel industry, The Guardian reported. This is despite the banks’ public announcements supporting the Paris climate agreement. According to a study...
A group of four Kenyan banks launched the mobile lending platform Stawi. The lending app reportedly provides loans ranging from Ksh. 30,000 to Ksh. 250,000. The four banks which launched Stawi are the Cooperative Bank, the Diamond Trust Bank, the...
The South African lawmakers are pushing for the National Credit Amendment (NCA) Act, which seeks to assist thousands of residents with debts to relieve their financial situation, BusinessTech said. However, ENews Channel Africa (eNCA) noted that the so-called debt...
Following requests from the Securities and Exchange Commission, the Central Bank of the Philippines is now mulling over the possibility of providing an interest cap for lending and financing institutions within the country. Last Monday, October 28, 2019, Chairman Emilio...
Israeli lending business Become announced its successful round of funding last Tuesday, October 29, 2019. In the recent Series A investment round, the company closed $12.5 million. Become is the lending platform which provides financial lending solutions to small and...
The Trump administration stated last Monday, Oct. 28, that it would ease the lending sanctions to banks to encourage them to offer loans to low-income borrowers. The government pushes for an increase in the lending market by helping banks get...

RECENT POSTS