Changing marketplace practices make it the ideal time for people with stock options to have liquidation opportunities.
UK listed marketplace lending fund, P2P Global Investments, has reported struggling performance in 2016; monthly return in September was 0.23% for a year-to-date return of 3.41%; target annual return is 6% to 8%; peripheral factors such as debt facilities and currency hedges have affected the return; the fund is now selling at a discount of 19.8%; has been steadily buying back shares to help improve the NAV and also using securitization to reduce debt costs; loan defaults and delinquencies have been higher as a result of longer maturities, however the primary factor affecting the return is the broad global diversification of the loans resulting in losses from currency hedging. Source
Challenging conditions have companies cutting funding from product development and workforces - some believe innovation is a better answer.
The road towards increased renewable energy usage is a rocky one that needs to be financed.
The VC and startup community are tentatively settling into an optimistic action plan after SVBs failure. SVB Capital is still on the table.
During this time of crisis, with tens of millions of people losing their job in the past three months, LendIt...
Recent data shows that startups raised $118 million in Q1 via ICOs or initial coin offerings, down significantly from $6.9...
Payday lender, Advance America, and its representative association, the Community Financial Services Association of America (CFSA), have filed a motion with the court to halt regulatory pressure on banks to end relationships with payday lenders; the motion follows the decision by U.S. Bancorp and four other banks to end their relationship with Advance America citing regulatory pressure as a factor; regulators say they have done nothing to pressure banks to end relationships with payday lenders; the court motion is part of an ongoing litigation process involved with a court case filed by Advance America and the CFSA in 2014. Source
The People's Bank of China is reportedly ramping up efforts to create a digital currency that would coincide with their paper currency; the currency released by the People's Bank of China will be legal currency and make use of special encrypted technology; there has been an effort within the central bank to create a digital currency since 2014; problems related to the right technology and deployment of the currency have persisted. Source
Announced today, the MasterCard Foundation is partnering with the Center for Financial Inclusion (CFI) at Accion on a $4.4 million initiative to promote more robust consumer financial protection laws around the world; CFI's Smart Campaign has existed since 2009 and has certified the consumer protection practices of 68 financial institutions to-date; the MasterCard Foundation contribution will support involvement of more parties (such as regulators, non-bank financial institutions and fintech platforms) and more countries; a particular focus will be on sub-Saharan Africa. Source