Education loan firm and financial technology company Eduvanz successfully raised $10 million in debt funding from different financial institutions. Following this, the company seeks to expand its growth and target more customers in the long run. Among the investors for...
Southeast Asian ride-hailing and payments giant Grab has successfully secured a massive $2 billion term loan facility. According to Tech in Asia, the term loan B is considered as one of the largest of its kind in the Asian...
Digital platform for home lending Roostify has raised a Series C funding worth $32 million amid the unstable real estate market. The company that connects customers and lenders for buying a house, is leveraging on the hot residential market, as...
As the global pandemic hits the UK economy, the government has been borrowing money to bolster the public sector workers’ pay and other spending initiatives. The Independent Office for Budget Responsibility states that estimated borrowing could reach $372.2 billion by...
The Stimulus Bill, which offered employers incentives for helping employees pay student loans, has encouraged more employers to offer assistance, said Yahoo! Finance. They can repay up to $5,520 tax-free. According to the report, these companies see this offer as...
Singapore-based lending platform Vauld raised $2 million to expand into a full cryptocurrency bank and issue debit and credit cards. This funding round was led by Pantera Capital, Coinbase Ventures, LuneX Ventures, and other hotshot investors like Robert Leshner. By...
Brazil-based lending startup Creditas raised $255 million in its Series E financing round. The company announced its success on Friday, December 18, 2020. The new funding brings the firm’s total valuation to $1.75 billion after raising $570 million over...
As the virus pandemic leaves the banking industry unstable with a barrage of loans possibly defaulted and soured, the European Union (EU) has laid out plans on Wednesday, December 16, 2020, about setting up assistance to aid banks to...
Americans with student loans received good news when the United States Department of Education extended the pause of payments until January 2021, said CNBC. However, the resumption of payments causes anxiety to borrowers affected by the pandemic. The pause started...
Mike Ashley’s Frasers Groups, previously known as Sports Direct, offered £50 million in emergency funding to Arcadia Group owned by Sir Philip Green, which the latter rejected. Ashley’s loan offer came as Arcadia Group is in danger of falling...

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