The National Basketball Association is preparing for its 75th anniversary on Tuesday. But it also increased its presence in the cryptocurrency space as it braces for the future.
Celsius Network has hired lawyers to advise on possible solutions for its mounting financial problems, according to people familiar with the matter....
The UK Treasury has announced it will allow crowd bonds in innovative finance individual savings accounts (IFISAs); crowd bond investors will invest in bonds of companies through crowdfunded platforms with their investments held in a tax sheltered account facilitated by the crowdfunding platform; the expansion of crowd bonds in IFISAs makes the crowdfunded investments more attractive because of the tax shelter, also providing greater benefits for an investment that's not secured by the government's FSCS protection. Source
Steve Eisman is famous for shorting the subprime housing market prior to the financial crisis; he recently spoke at the...
As banks keep closing or reorganizing their branch experience JPMorgan Chase just made a big bet on branches and staff; the bank announced a 5 year $20bn investment plan that includes 400 new branches and 4,000 new jobs; the plans included expansion into 15 to 20 new markets for the branches, where most of the staff hires will occur; they also said lending will increase by 25 percent over the next 5 years. Source.
Chile's fintech Migrante to acquire a motorcycle loan startuup in Colombia. It also changed its name to Galgo, or "greyhound" in Spanish.
51 million people in the U.S. currently have traditional jobs, with 34% more gig economy workers in 2021 than the year prior.
The largest mortgage lender in the U.S. has confidentially filed for an IPO according to CNBC; the report indicates the...
The Consumer Financial Protection Bureau's investigation calls some installment lenders' collection practices into question, but also highlights the ease of access that has made their loans so popular.
China’s p2p lending market has been under extreme pressure in recent years as the number of platforms has shrunk to...