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financial services


Celsius Network, a cryptocurrency lending company, is part of a recent wave of crypto companies bolstering their legal departments with hires from corporate law firms. Celsius Networks is looking to expand its financial services and has recruited Ron Deutsch as general counsel. Built with a mission to increase access to financial services, the blockchain-based platform …

The Israeli startup has developed a securities lending-as-a-service (SLaaS) solution, which allows online brokers, private banks, asset managers and custodians to lend their stocks, bonds and ETFs. Meir Orbach 10:3015.02.22 Fintech company Sharegain, which has developed a securities lending platform, announced Tuesday that it has raised $64 million in a Series B funding round led …

BlockFi, a company that paid high interest rates to cryptocurrency investors for lending their digital assets, agreed to pay $100 million in fines to the Securities and Exchange Commission and 32 states for violating securities laws and misrepresents the risk of his business. . The case marks the federal market regulator’s first against a crypto …

Lending activity reaches 1.9 million loan disbursements in the month, a year-on-year growth of 331%; aggregating to a total value of INR 921 Cr (334% YoY growth) The leadership of offline payments is further strengthened; the number of devices deployed stands at 2.3 million Highest-ever growth in average monthly transactional users (MTU) to 68.9 million, …

Cash Converters has strengthened its revenue profile by moving from small to medium size loans. Cash Converters (ASX:CCV), Australia’s largest subprime lender and second-hand property retailer, has explained the inherent lag in the revenue the firm recognizes on the loans it underwrites, to help investors appreciate the difference between its half-year results. The company generates …

New Jersey, United States,- This Digital Lending Platform Market report conducts industry-based research to inform the latest market developments. Important factors, customer expectations, customer behavior and business tactics are some of the vital factors covered in this market report. It also discusses some key strategies used by economic players such as acquisitions, new service and …

Photo by Kanchanara on Unsplash This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investment advice. Adding to its list of creative initiatives, the crypto lending company Hodlnaut announced its latest project: the Content Creation Contest. “If you enjoy creating crypto-related content or just want …

Global digital lending platform The Social Loan Company (TSLC) has announced the appointment of two key hires, aimed at strengthening its global leadership team as it expands into emerging and frontier markets. The company has appointed Ziad Sawalha as Group Chief Technology Officer (CTO) and Shagorika Heryani as Chief Marketing Officer. Both will report to …

DES MOINES, Iowa–(BUSINESS WIRE)–Major global investors®, through its direct lending business, Principal Alternative Credit, closed 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Principal Alternative Credit closed nearly 40 deals, including …

Paytm saw a 401% peak in its lending business and 37% year-over-year growth in its gross value of merchandise (GMV) in the third quarter of fiscal 2022, reported One97 Communications, the parent organization of Paytm in a regulatory filing Monday. The gross value of merchandise, which is the value of the total payments made by …

New Jersey, United States, – the Digital Lending Platforms Market is thoroughly researched in the report, primarily focusing on the major players and their business tactics, geographic expansion, market segments, competitive landscape, manufacturing, and price and cost structure. Each section of the study is specially prepared to examine key aspects of the Digital Lending Platform …

A veteran of the financial services industry, Adam Stettner has started a new loan company, Canna Fund to provide funding to growers, manufacturers, retailers and all participants in the cannabis supply chain. The company said it had raised $ 30 million but could derive even more through its constituents, investors and partners, including a vast …

The cannabis industry on Thursday hosted the new cannabis-focused loan company FundCanna launched, co-founded by financial services veteran Adam Stettner. FundCanna said it providing the burgeoning marijuana industry with a well-funded platform for growers, producers, retailers and all participants in the cannabis supply chain. The initial products will be look like factoring offers, often seen …

LenDenClub aims to grow with a 5-fold increase in disbursements over the next 18 months Investors include Kunal Shah, Alok Bansal and Hardik Pandya As of August 2019, he had raised $ 1.5 million as part of his pre-Series A round Peer-to-peer (P2P) lending startup LenDenClub raised $ 10 million in a Series A round …

After much anticipation, we are starting to see real use cases for blockchain as it moves from abstract theoretical concepts to practical applications that have the potential to change the standard order. The promise to decentralize finance by decoupling the transactions and activities of old banks to the public via blockchain is driving innovation towards …

Biggest amount raised of all lending platforms focused on consumer lending in Korea Funding from global financial institutions including Bain Capital, Lending Ark Asia Secured Private Debt Fund, 500 Global Goldman Sachs Secures Principal Exposure And Principal Funding For Debt Warehousing Facility With Lending Ark Asia Secured Private Debt Fund “We remain committed to accelerating …

Financial services firm Athene has acquired a controlling stake in a fund-backed consumer lending platform managed by leading investment firm Blackstone. Aqua Finance’s subsequent assessment sees it hit the billion dollar mark. Apollo estimates an annual execution rate of $ 80 billion of asset origination on its platforms, which cover commercial and consumer loans. Apollo’s …

HONG KONG, November 30, 2021 / PRNewswire / – Huobi Technology Holdings Limited (“Huobi Tech” or the “Company”, stock code: 1611.HK) today announced the launch of Huobi Lending, a cryptocurrency lending service, in response to financing needs of institutional investors and high net worth individuals. The services will be provided under Huobi Brokerage, a digital …

Warning: This is a sponsored press release. Readers should conduct their own research before taking any action related to the content mentioned in this article. Learn more > HONG KONG, November 30, 2021 – Huobi Technology Holdings Limited (“Huobi Tech” or the “Company”, stock code: 1611.HK) today announced the launch of Huobi Lending, a cryptocurrency …

Buy now, pay later, financing is becoming a staple for Walmart, Amazon, Target and many other retailers ahead of the holiday shopping season. Walmart was the king of layaways for years, offering consumers the flexibility to purchase holiday gifts or other big-ticket items on time and at no additional cost. One caveat was that consumers …

The World Report Digital Lending Platforms Market has been provided by researchers for a detailed understanding of the market performance over an estimated period of 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better insight into this report. This brief description contains a basic definition of the …

The Digital Lending Platforms Market has categorized the market on the basis of type, component, deployment model, and industry vertical. SHERIDAN, USA, Nov 15, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Digital Lending Platforms Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021 -2026 ”, the global digital lending platform …

Members of Borrowell’s founding team, including co-founder Salim Naran, recently secured C $ 3.1 million for a startup they launched in 2017 to tackle the banking infrastructure side of digital lending. Over the past five years, Naran and his team have created a platform they believe transforms banks into FinTech, focused on modernizing loan processing. …

– Jaja Finance offers digital credit products focused on simplicity, functionality, service and security – Consortium, comprising entities affiliated with the existing shareholder KKR and the new shareholder TDR, to become the majority shareholders of Jaja – Investment to drive the public launch of the Jaja credit card and other initiatives Digital lender Jaja Finance …

DUBLIN – (COMMERCIAL THREAD) – The report “Digital Lending Platform Market Share, Size, Trends, Industry Analysis Report, By Solution, By Service, By Deployment, By Region; Segment Forecast, 2021 – 2028 “has been added to ResearchAndMarkets.com offer. Global Digital Lending Platforms Market Size Expected To Reach USD 26.26 Billion By 2028 The markets are determined by …

The economic, financial, and social aspects of the advancement of the industry are covered in this Digital Lending Platform Market report to assist industry participants in making critical and important decisions. Parents’ guiding elements and marketing channels are also included in this market research. In addition, it tries to offer comprehensive lens data as well …

New Jersey, United States, – The Digital Lending Platforms Market The report comprises broadly analyzed data and information on the Digital Lending Platform market with detailed analysis of key models, emerging trends, infrastructure properties, industrial landscape, and key market segments. The report provides a comprehensive analysis of the market growth and factors influencing the market …

Detailed study and analysis of the Global Digital Lending Platforms Market highlights new trends in the digital lending platform industry and provides businesses with business information. This study helps manufacturers, suppliers and investors, CEOs to identify opportunities and business optimization strategies to improve their value in the global Digital Lending Platform market. Provides important information …

New Jersey, United States, – The Digital Lending Platforms Market The Verified Market Research report is a meticulously conducted study. Experts with proven credentials and high levels within the research fraternity presented an in-depth analysis of the topic, drawing on their unparalleled knowledge of the field and extensive research experience. They offer insightful insights into …

Yogyakarta (ANTARA) – West Java police have arrested 83 employees of an illegal online loan union operating in Depok subdistrict, Sleman district of Yogyakarta. Yogyakarta Police joined the West Java Police Special Criminal Investigations Directorate in the raid and conducted a preliminary investigation at the scene, Yogyakarta police spokesperson Chief Commissioner Yuliyanto said on Friday. …

Payment and financial services provider Fiserv has launched a digital credit and lending platform for small and medium-sized businesses (SMEs). “Fiserv’s latest offering, leveraging FinTech StreetShares’ Atlas platform, enables financial institutions to manage the entire loan lifecycle, from digital document capture to underwriting, offering management and closing, meeting the expectations of staff and customers, “the …

The last Digital Lending Platforms Market The report serves as a valuable resource for data regarding the trajectory of the industry over the forecast span. It critically examines the key growth drivers, bottlenecks and rewarding perspectives that influence industry dynamics. In addition, the literature consists of detailed segmentation data, as well as in-depth profiles of …

High-flying cryptocurrencies and growth stocks are among the most regularly played assets by traders and investors in 2021. And in recent times there have been a number of clear winners among the assets. Since June, Upstart Holdings Inc The stock’s three-month return (NASDAQ: UPST) outperformed several of the world’s most popular cryptocurrencies: Bitcoin (CRYPTO: BTC), …

Ant Group ‘Buy Now, Pay Later’ consumer loan business, Huabei, is now part of the People’s Bank of China (PBOC) credit system, following the unbundling of the Alipay super app and the Chinese authorities ‘takeover of clients’ finances. data accumulated by large fintech companies. The information Huabei forwards to PBOC includes all account registration dates, …

Reading time: 2 minutes WSFS Bank has launched a digital personal loan product powered by Upstart, an artificial intelligence lending platform. WSFS ‘partnership with Upstart extends the bank’s personal loan offerings to a broader and more inclusive customer base, according to a statement. “WSFS Bank is delighted to partner with Upstart, combining its cutting edge …

Digital Lending Platforms Market Allied Market Research has released a new report titled “Digital Lending Platform Market by Component (Software & Service), Deployment Model (On-Premises & Cloud), Type (Decision Automation, Collection & Retrieval, Loan Processing, Management) risk and compliance, and others) and industry verticals (banks, insurance companies, credit unions, savings and loan associations, peer-to-peer lending …

Mcapital, Mswipe’s lending business, has announced the appointment of Tanya Chadha as Chief Operating Officer (COO), according to a statement released today. With over 16 years of financial services and credit experience, she will oversee building a loan portfolio of Rs. 100 crore by March 2022. Her appointment comes as Mswipe prepares for a license …

Tanya Chadha, Director of Operations, Mcapital. Mcapital to meet the credit needs of MSMEs; aims to build an INR 100 Crore loan portfolio by March 2022 Mumbai, September 21, 2021: Mcapital, Mswipe’s lending business, today announced the appointment of Tanya Chadha as Chief Operating Officer (COO). With over 16 years of financial services and credit …

MUMBAI: The successful completion of the Reliance Commercial Finance (RCF) and Reliance Home Finance (RHF) resolution process will help Reliance Capital reduce its consolidated debt by 50% or Rs 20,000 crore, Chairman Anil Ambani said on Tuesday. Earlier this year, the lenders selected Authum Investment and Infrastructure Limited (Authum) as the successful bidder to acquire …

The success of the Reliance Commercial Finance (RCF) and Reliance Home Finance (RHF) resolution process will help Reliance Capital reduce its consolidated debt by 50% or Rs 20,000 crore, Chairman Anil Ambani said on Tuesday. Earlier this year, the lenders selected Authum Investment and Infrastructure Limited (Authum) as the successful bidder to acquire RCF and …

This summer, as the pandemic eases and Europe opens again for business and pleasure, the Merkel era will end. After her 16-year reign as Germany’s chancellor, Angela Merkel deserves admiration and praise on many counts. When she made history in the fall of 2005 as the first woman to be elected chancellor, unemployment stood at …

The global digital lending platform market size was valued at $ 5.58 billion in 2019 and is expected to reach $ 20.31 billion by 2027, with a CAGR of 16.7% from 2020 to 2027. The digital lending platform helps banks to deliver different financial services, such as faster loan processing, high-quality services, and cost-effective financial …

NEW YORK, August 31, 2021 / PRNewswire / – DirectBooks, the capital markets consortium founded to optimize global financial markets, today announced that SMBC Nikko Securities America, Inc. (SMBC Nikko), a member of the SMBC Group, one of the largest global financial institutions, joined the DirectBooks platform. This addition brings the DirectBooks underwriting community to …

Despite its diversification into a full spectrum lending platform, Xiaomi India still does not offer cryptocurrencies at this time. The lending business of the Chinese cellphone maker operating in the subcontinent, which started as part of its internet service business, will clearly focus on the payments, lending and insurance verticals. The company is now launching …

(Bloomberg) – Blend Labs Inc., a lending platform for financial companies, raised $ 360 million in a first public offering price at the top of a marketed range. San Francisco-based Blend sold 20 million Class A shares on Thursday for $ 18 each, according to a statement. The company had marketed $ 20 million between …

As the Indian branch of Volkswagen Financial Services seeks to end its lending business in the country, it is in talks with leading banks to transfer its existing dealer and vehicle finance business. Volkswagen Finance Private Limited (VFPL) is at an advanced stage of talks with banks including Axis Bank, Kotak Mahindra Prime and ICICI …

The current round is a follow-on investment tranche from the Indian SME after investing INR 28.4 crore in the form of debt in Kredtbee’s parent company. KreditBee plans to use this funding to expand its loan portfolio by introducing financial services such as Buy-Now-Pay-Later and insurance. KreditBee previously raised $ 145 million in its Series …

People today have many options such as credit cards, lines of credit, and short term loans to meet fixed monthly expenses. The coronavirus outbreak has left people in dire straits due to job losses, pay cuts and business closures. As this resulted in irregular income, industry experts claim that it increased the demand for monetary …

This award marks OppFi’s FinTech Breakthrough’s second consecutive victory for the company. The fintech company was named ‘Best Consumer Loan Platform’ in 2020. With an average rating of 4.9 / 5 stars based on over 14,000 online customer reviews, OppFi is one of the platforms highest rated digital financials by clients and maintains an average …

Numerated was named Best Business Loan Company of 2021 by FinTech Breakthrough. Numerated is once again breaking into the fintech space this year by expanding its technology to even more areas of business banking and innovating rapidly to help banks and credit unions cope with the COVID-19 pandemic. BOSTON (PRWEB) March 16, 2021 Numbered, the …

the financial services arm of the Murugappa group, jointly announced that it has successfully launched co-lending activities in partnership. The co-loan partnership with KVB opens up new business opportunities by allowing access to new customers for KVB and Chola The model not only allows the two companies to effectively size their portfolios, but also uses …

SYDNEY, Australia, February 01, 2021 (GLOBE NEWSWIRE) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Metrics credit partners, one of Australia’s leading non-bank lenders, has adopted the nCino Bank Operating System® transform their business lending practices to further support sustained …

Days after billionaire investor Chamath Palihapitiya announced his involvement in the $ 1.3 billion acquisition of solar lending and home improvement firm Sunlight Financial, a group of investors announced a close injection. a billion dollars in Loan pal, another renewable energy and home improvement lender. The $ 800 million pledge to Loanpal comes with a …

Credits, the Brazilian lending firm, has raised $ 255 million in new funding as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($ 196.66 million) and the new round values ​​the company at $ 1.75 billion thanks to $ 570 million …

Nucleus Software’s advanced co-loan solution will help Chola process co-loan applications much faster, assess credit risk with a robust framework, and ensure compliance with regulatory requirements. Cholamandalam Investment and Finance Company (Chola), the financial services arm of the Rs 38,000 crore Murugappa Group, has launched its new co-lending business. The company is in the process …

Nucleus Software, the leading provider of lending and transaction banking solutions, has announced that Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, has successfully implemented the advanced co-lending solution from Nucleus Software. The co-lending model is a great opportunity for banks and NBFCs to leverage each other’s strengths. The …

Nucleus Software, the leading provider of lending and transaction banking solutions, announced that Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of the Murugappa Group, has successfully launched Nucleus’ advanced co-lending solution Software. The co-lending model is a great opportunity for banks and NBFCs to build on each other’s strengths. The co-loan …

The Indonesian Financial Services Authority, known as OJK, has identified and blocked nearly 300 illegal peer-to-peer lending platforms, including a cryptocurrency company. According to Nikkei, OJK’s investment alert unit has partnered with the IT ministry and local police to launch a crackdown on unlicensed FinTech platforms. Investigations revealed that most of the unregistered lending platforms …

Right now, financial markets around the world are shaken by the current coronavirus pandemic (COVID-19). It’s a fluid situation with an uncertain outcome, and no one really knows what the long-term economic effects will be. The only things that seem certain is that the stock markets are choosing to ignore the pandemic right now, while …

Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $ 200, TechCrunch reported. “We are always testing new features in Cash App and recently started testing the ability to borrow money with approximately 1,000 customers,” a Cash App spokesperson said in a statement. “We look …

Bhavesh Gupta Financial services platform Paytm has announced the appointment of Bhavesh Gupta as managing director of the company’s lending activities. Open call for applications for the BuzzInContent Awards 2020 ENTER NOW Gupta will develop and expand Paytm’s lending services to strengthen the company’s vision for financial inclusion for 500 million Indians. Under his leadership, …

One97 Communications Ltd, which operates Paytm, has appointed Bhavesh Gupta as Managing Director (CEO) of its lending business. In his new role, Bhavesh will develop and expand Paytm’s lending services and help the company create new credit products for customers and SMEs in partnership with other banks and NBFC. Gupta will report to Amit Nayyar, …

Band Takashi Umekawa and Takaya Yamaguchi TOKYO, July 13 (Reuters) – Mitsubishi UFJ Financial Group Inc of Japan 8306.T will begin loaning to Grab users and drivers in Thailand to monetize its $ 706 million investment in the ridesharing company as its domestic market growth slumps, its chief executive said. MUFG agreed to invest in …

Amazon is reportedly partnering with Goldman Sachs to launch a digital line of credit for its U.S. sellers through the bank’s digital-only banking arm, Marcus, through CNBC. Business Insider Intelligence Amazon sellers will receive invitations to apply for lines of credit up to $ 1 million from Marcus, with a fixed annual interest rate between …

Stress in the consumer lending industry, which was once a cash cow for banks and non-bank financial services, only appears to be intensifying, as statements and updates from these lenders suggest. A critical highlight in RBL Bank’s media statement regarding its business updates relates to its credit card segment. “Acquisitions stopped during the …

FinTech shed light on its long-term strategy in the mortgage market following the launch of its new business activity. Last week, fintech lender Tic: Toc Home Loans announced the launch of its first ‘software as a service’ (SaaS) product, XAI Validate, which was reportedly designed to simplify the home loan application process for lenders and …

Company says it disbursed loans worth 1K Cr INR in Q3 U Gro has launched a direct consumer lending platform, GRO-Direct U Gro raised 100 Cr INR from the Sachin Bansal and Poonawala family in 2019 Mumbai-based non-bank finance company U Gro Capital, which started disbursing loans in January 2019, announced that it had reached …

So consumer loans and SME loans – we’ve talked about those two, but we also do business loans. We started ten years ago with Bajaj Auto supplier loans, we knew we were expanding that to automotive segments, and we went through segments. We lend to light engineering because we believe the dynamics of these segments …

Since a payment bank is not authorized to lend, the company is considering the possibility of obtaining an NBFC license. Fintech startups getting into lending have become the norm rather than the exception. One of the oldest players in this sector, Paytm, now wants to develop its lending business and would like to obtain an …

Several credit unions face trademark lawsuits. (Source: Shutterstock) Gain Federal Credit Union, based in Burbank, Calif., Is suing a nearby consumer credit company whose name and logo it says are too similar to the credit union and confusing consumers. In its lawsuit filed in U.S. District Court, the Credit Union, which has $ 352 million …

NEW YORK, November 19, 2019 / PRNewswire / – Firewall (www.fireblocks.com), an enterprise platform for securing digital assets in transit, announced today, Celsius Network, the the biggest provider of interest income and digital asset lending in more than 150 jurisdictions around the world uses Fireblocks to help protect more $ 400 million assets and 53,000 …

JPMorgan Chase is making some changes to its senior management. The mega-bank announced on Wednesday that its current CFO, Marianne Lake, will become the CEO of its consumer lending business, which includes mortgages, card services and auto finance. Lake, which is took into consideration being one of the potential replacements for CEO Jamie Dimon when …

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 …

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 …

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 …

Sufficient capital is necessary for the proper functioning of any business. However, various small business entrepreneurs find it difficult to obtain loans. Although there are various MSME financing programs and platforms for micro, small and medium-sized enterprises, not all entrepreneurs are able to obtain low-interest, collateral-free loans. With the rise of fintech platforms, obtaining business …

CLEVELAND, January 16, 2019 / PRNewswire / – KeyBank National Association today announced that KeyBank and Laurel Road Bank have entered into a definitive agreement to acquire Key’s digital lending business from Laurel Road; The three Laurel Road bank branches located in the south-east Connecticut are not part of this transaction. With this acquisition, Key …

Bob Banks offers one of the oldest excuses in the book for why, after a successful career in real estate investing, he continues to tap into the business world at 74. “I failed miserably at retirement,” he says. But Banks, CEO of Belleair Bluffs-based Seminole Financial Services, is hugely successful in an unusual niche: reshaping …

Alternative loansSavings and investment Lendingblock co-founder Steve Swain talks to AltFi about his plans for the exchange. Lendingblock co-founder Steve Swain (pictured) talks to AltFi about his plans for the exchange. Many of the hottest companies in the blockchain and cryptocurrency world are ‘choice and shovel’ companies – those that are concerned with supporting the …

A broken boiler; a broken wing; one episode of root canal surgery. Whenever life treats you badly, Goldman Sachs will be there. Lloyd Blankfein, chief executive officer of the Bank of Wall Street, took to CNBC on Monday night to talk about Marcus, the consumer lending business the bank launched with fanfare last October. Asked …

Rupaiya Exchange, a P2P lending platform, was launched a year ago with the aim of facilitating the shared economy and lending in India. Kumar, 32, was looking to buy a used two-wheeler. Although he had many options, he was short of Rs 20,000. So he resorted to the one thing he was sure he could …

Matt Flannery In 2005, American Matt Flannery started Kiva, a non-profit organization that allows people to lend money via the Internet to low-income / underserved entrepreneurs and students around the world. By June 2014, the platform had reached 1.3 million small businesses who received nearly $ 600 million in loans. Last year, Flannery resigned as …

With massive equity and debt financing of $ 275 million, the next-gen loan company Serious now has the firepower and strategic partners to become a more complete financial services company. The lending segment of the financial services industry has been one of the areas that has generated the most interest from venture capitalists with mature …

General Electric Co. has agreed to sell its Australian commercial lending business to Sankaty Advisors, the global credit arm of Bain Capital, dismantling another key part of GE Capital in Asia. The operation, which will be financed by Deutsche Bank, is valued at around A $ 1.9 billion ($ 1.34 billion) including debt, according to …

Confirming our previous report, peer-to-peer lender Social Finance said it closed $ 80 million in new financing as it looked to expand its lending operations to mortgages and personal loans. The new round was led by the hedge fund Discovery capital management and included engagements from Wicklow Capital and billionaire investor Peter Thiel – who …

Small businesses have been called the lifeblood of our economy, and today a financial services startup has secured significant funding to help it run better. Funding Circle, a UK-based peer-to-peer lending platform that allows individuals and institutions to lend money to small businesses, has secured $ 37 million in funding. At the same time, it …

John Shinal, USA Special TODAY | USA TODAY SAN FRANCISCO – In the brief history of the Internet, the global network has yet to meet a large retail industry from which it cannot extract much value. Think about how we all bought music, books, movies, fashion, and travel services. Today, these industries provide a large …