South Korean firm Shinhan Financial Investment is set to release a peer-to-peer (P2P) lending service utilizing blockchain technology. CoinDesk said that this new service will allow users to lend and borrow stocks without connecting with an agent.
The brokerage firm...
Gurgaon-based online lending platform Indifi has raised a total of ₹1,450 million ($21 million) in its series C financing round led by UK's development finance institution, the CDC Group, along with other existing investors, such as Accel India, Omidyar...
News about Wells Fargo’s extended loan of $250 million isn’t enough for Barneys to carry on operations while going through bankruptcy.
The US luxury retailer is meeting with the specialty team from the Great American Capital Partners to get a...
Freedom Mortgage Corporation, a full-service non-bank mortgage giant, has announced it has entered into a definitive agreement to acquire J.G. Wentworth Home Lending, a subsidiary of J.G. Wentworth Company, which specializes in home mortgage lending.
According to a report from...
The Land Bank of the Philippines (LANDBANK) recently announced that it will be directing its efforts to provide agriculture-related loans in the country’s largest agricultural producer. BusinessWorld reported that the bank plans to implement a 20% boost in its...
Fintech startup Flutterwave has partnered up with China’s e-commerce giant Alipay. The partnership will reportedly yield easier and more efficient payment and lending transactions between China and Africa.
Flutterwave is a Nigerian-founded and Lagos-based financial technology startup company. According to...
The Department of Business Oversight or DBO released new rules on SME lending practices in the California state, giving borrowers protection from predatory practices.
Last July 29, 2018, the Responsible Business Lending Coalition (RBLC) said in a press release that...
The European Investment Bank (EIB) recently announced that it is planning to stop funding new projects that rely on fossil fuels by the end of 2020.
The EU's lending arm said that it is on its way to phasing out...
Chinese lending platform RenrenBit successfully raised $21 million in the recent token sale. The crypto lending firm celebrated with a sale of 21 million RRB tokens worth 1 USDT each. Within four hours of the sale, all 21 million...
Alcentra, one of Europe's largest asset managers, has raised jumbo-sized fund for direct lending as the interest of investors in lending to the region's firms have grown significantly.
The London-based asset manager and Bank of New York Mellon subsidiary raised...
