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Fintech

Fintech
·Jul. 5, 2022

Funding Circle, DreamSpring Partner for inclusive SMB funding

On Tuesday, Denver-based online lender Funding Circle launched a partnership with DreamSpring, to increase access to funding for SMBs.

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Fintech
·Jul. 6, 2022

Oz BNPL form Openpay quits US

Australian buy now, pay later firm Openpay has ended its US operations and laid off most of its staff in the country, according to Reuters.
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Fintech
·Jul. 6, 2022

Basel Committee issues climate risk management guidelines

Global warming's associated effects are posing an increased risk to financial institutions worldwide. The Basel Committee has issued guidelines to help mitigation.
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Fintech
·Jul. 6, 2022

With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in web2

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.
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Fintech
·Jul. 6, 2022

Sonovate lands £165million deal with BNP Paribas and M&G Investments

UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.
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Fintech
·Jul. 6, 2022

Lenders’ use of rent data in loan decisions helps homebuyers, but dangers lurk

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. 
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Fintech
·Jul. 6, 2022

Corserv and Bank of Missouri partner with Visa to launch credit card offering for community banks

The Bank of Missouri has partnered with Corserv to enable the issuing of Visa credit cards for their customers.
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Fintech
·Jul. 6, 2022

FTX Presses for Crypto Derivatives Approval, Agitating Legacy Exchanges

U.S. investors could deal directly with FTX instead of going through a broker, raising objections from CME and other legacy exchanges on risk.
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Fintech
·Jul. 6, 2022

Funding Circle, DreamSpring Partner for inclusive SMB funding

On Tuesday, Denver-based online lender Funding Circle launched a partnership with DreamSpring, to increase access to funding for SMBs.
Read Full Story
Fintech
·Jul. 6, 2022

Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows

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.
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