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Peter Macharia, CEO and Founder of Jijenge Credit Limited at Standard’s I&M offices in Nairobi. [Elvis Ogina.Standard] In a job-seeking economy like Kenya’s, the plan is often to get a job and retire at 60. But on the altar of employment, ambition is sacrificed. Peter Macharia recognized this after a few years of employment. “As …

OLYMPIA, Wash., July 31, 2019 /PRNewswire/ — Based in Eugene, Oregonthe Northwest Community Credit Union (NWCU) introduced two new products earlier this year called Northwest Treasury and North West Cash Plusoffering short-term loans from $150 at $700 and $701 at $4,000, respectively. Both products are designed to help their members meet unexpected cash flow needs …

DAVAO City Mayor Sara Duterte-Carpio has warned the public about an online loan company using her photo in its online post to attract customers, saying it is unrelated to such a company. In a statement released Sunday, July 28, Duterte-Carpio warned the public against being fooled by their too-good-to-be-true offer using his name and photo. …

1/2 Lendio co-founders Brock Blake and Trent Miskin. Blake and Miskin founded Lendio in 2011, and in 2019 the company’s headquarters moved to Lehi. Jessica faye 2/2 Lehi’s new location in Lendio, where the company moved from southern Jordan in 2019. Courtesy of Lendio ?? ?? Starting a business can be exciting, but difficult – …

The YouHodler cryptocurrency lending platform has exposed the privacy data, including crypto wallet addresses, of thousands of its cryptocurrency users, reports vpnMonitor. The data breach is serious with widespread implications vpnMentor and a team led by data scientists Noam Rotem and Ran Locar have discovered a major cryptocurrency data breach affecting 86 million records. The …

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story and other information each morning, click here. Lufax, one of the largest Chinese fintechs, is considering exiting the peer-to-peer (P2P) lending business, through Reuters citing sources with direct knowledge of the matter. Business Insider …

Chinese fintech unicorn Lufax Holding Ltd. is considering shedding its once high-flying but controversial peer-to-peer (P2P) lending business as it considers a public listing, but no final plan has been set, Caixin has learned. P2P loans, once a boon to individuals and businesses in dire need of cash, have come under increased government scrutiny in …

Stifel Financial Corp. (NYSE: SF), a financial services holding company headquartered in St. Louis, Missouri, has launched a venture banking and lending business. Led by a group of industry veterans led by Brad Ellis (CEO) and Nathaniel Stone (Director), the new initiative is dedicated to providing debt financing and commercial banking solutions to growing businesses …

Steve russell, CEO of SecurCapital commented: “We are delighted to have found a highly respected team and an innovative business model in the area of ​​finance for small businesses. I share the vision of the founder of the enormous potential of FactorAdvantage. loan solution and I think we now have the platform and the capital …