After a slow start to 2022 and a declining economic environment, the future of M&A with incumbents has become uncertain, however the combination can bring lasting benefits to both parties that may override the mayhem.
The voluntary filing comes after crypto hedge fund Three Arrows Capital defaulted on a large loan from a Voyager unit.
The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
On Tuesday, Denver-based online lender Funding Circle launched a partnership with DreamSpring, to increase access to funding for SMBs.
U.S. investors could deal directly with FTX instead of going through a broker, raising objections from CME and other legacy exchanges on risk.
The Bank of Missouri has partnered with Corserv to enable the issuing of Visa credit cards for their customers.
The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help.
UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.
Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate venture capital powerhouse in web3 as Tencent has done in web2.
Global warming's associated effects are posing an increased risk to financial institutions worldwide. The Basel Committee has issued guidelines to help mitigation.