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Apollo Global Management and Athene Holding acquired an aircraft lending business from GE Capital. In a joint statement, the companies said that Apollo will buy the aircraft lending platform from PK AirFinance and that Athene will acquire the existing loan portfolio of PK AirFinance from the Aviation Services (GECAS) unit of GE Capital for an …

Major cryptocurrency exchange Binance just took another step forward in expanding their services as they enter the crypto lending industry. Source: iStock / Pollyana Ventura Binance announced the launch of its new lending platform on August 29 at 6:00 a.m. (UTC). In the first phase of loan launch, 14-day fixed term BNB (15% annualized interest …

The stakes are high for the world’s fourth largest mobile phone provider, whose business model is based on low-margin hardware sales with services as a key long-term profit center. The company reported disappointing second quarter results on Tuesday, and its shares are trading at just over half of their 2018 IPO price. Xiaomi is betting …

Both companies want to build a wide net for their new consumer products, making lending and tracking payments very easy. To do this, Apple must offer its first credit card to as many of its customers as possible. Goldman needs to open its doors to customers it typically does not serve. As the new Apple …