Saturday, January 18, 2020
Alternative lender ThinCats has confirmed it will cease accepting money from casual investors following the decision to close its retail peer-to-peer lending platform and adapt an institution-only funding model. The announcement came days after peer-to-peer lending regulations came into...
The Federal Housing Administration (FHA) just announced that it will be increasing the maximum amount which can be claimed for reserve mortgages. Effective by 2020, the FHA will be increasing the reverse mortgage or Home Equity Conversion Mortgage (HECM)...
Last Saturday, December 7, 2019, the International Monetary Fund (IMF) has agreed to provide a loan for Ukraine amounting to $5.5 billion. According to the New York Times, the IMF’s decision shows its approval and support for President Volodymyr...
The United States President Donald Trump called for the World Bank on Twitter to stop loaning money to China. Trump wrote last Friday, “Why is the World Bank loaning money to China? Can this be possible? China has plenty of...
The World Bank will be implementing a $1- to $1.5-billion annual lending plan to China. This program will last over a few years until 2025. CNBC noted that this comes despite objections from the United States. This plan is in...
The lender firm Figure Technologies announced December 5, that it closed a $103-million Series C funding led by Morgan Creek Digital. The company’s new and existing funding from investors reached a total of $225 million, bringing its valuation to $1.2...
Landbay, one of UK’s first P2P lenders, has closed its doors to retail investors following the introduction of new rules that had placed a limit on investments in P2P agreements for retail customers this June. "We have taken the decision...
Fintech firm Sezzle, Inc. has decided to increase its lending power in light of the upcoming holiday season, reported Twin Cities Business. This led to the company boosting its financing services by at least 300% with the help of...
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...
Singapore-based lending startup FinAccel revealed Monday, Dec 2, it has secured a $90 million capital in a Series C equity funding round led by Asia Growth Fund and Square Peg. The fundraising round marks one of the largest funding...

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