As the African economy grows, the digital property marketplace Seso is perfectly positioned to grow with them, chief commercial officer Kweku Essien said.
deBanked reports that Bond Street has stopped making new loans; seven months ago Bond Street announced a $300 million loan purchase agreement with Jefferies; the WSJ outlines that engineers, product developers, and risk and marketing specialists will join Goldman’s consumer bank; Square is allegedly also in talks with some Bond Street employees. Source
Leading UK challenger bank, OakNorth, has released its 2018 results showing that profits increased to £33.9 million, a 220% increase...
Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.
No new bank applications have been filed with the FDIC since the end of December, which is the longest drought...
Singapore-based Dymon Asia Ventures has received investment of $20 million and plans to meet its target fundraising of $50 million over the next 12 months; firm plans to invest in 12 to 15 companies and has already begun investing in five companies which include: blockchain startup Otonomos, financing firm Capital Match, forex-focused 4XLabs, trading platform Spark Systems and marketing service WeConvene; the firm's investment focus will be on business to business companies targeting the growing Southeast Asia internet market; it says it will invest in seed stage funding through Series B funding with investments ranging from $300,000 to $3 million and reserves available for continued investment in follow-on rounds. Source
Starting June 1, Klarna will share data on whether Brits paid off a buy now, pay later loan in time to the credit bureaus TransUnion and Experian.
Writing in Forbes Alan McIntyre of Accenture talks about some troubling signs that are headed towards banking in 2020; banks...
Google and PayPal have announced that they will be looking to expand their payments partnership; PayPal will be available across...
With more services becoming digital, a digital currency seems to be the perfect solution to streamline the digital revolution further.