Financing Financial News
19.07 / 16:31
Provident
Lowe's
CEO
Pool
Morningstar
financing
Fintech lenders tighten lending standards, bolstering debt financing
During the Covid-19 pandemic, many fintechs began lending to borrowers with imperfect credit, but Wall Street investors were comfortable buying their asset-backed securities (ABS) as government stimulus ensured consumers had the money to meet repayments. ABS are a type of bond backed by a pool of assets, such as auto or credit card loans, which pay a fixed yield. They are a key source of financing for some fintech lenders, which have fewer funding options than banks.
17.07 / 09:27
Provident
CEO
Platform
Mobile
financing
MLR Auto partners Vidyuttech for electric three-wheeler financing
MLR Auto, a subsidiary of Greaves Electric Mobility, the e-mobility business of Greaves Cotton, has inked a strategic partnership with Vidyuttech, a leading financing platform and lifecycle management service provider.
12.07 / 18:57
Target
Cooper
financing
Amit Shah asks Nabard to fix financing targets for farm sector for next 25 years
Nabard to fix targets for financing agriculture sector and rural development for the next 25 years when India will complete 100 years of Independence as he revealed how a letter written by a woman rural dairy farmer led to the dawning of the idea of 'Cooperation Among Cooperatives', being toyed with by the government. Addressing the 42nd Foundation Day of National Bank for Agriculture and Rural Development (Nabard), the minister said, «Today district cooperative banks have started issuing Rupay Kisan Credit Cards to farmers. This all began with a letter written by a poor rural woman in the Banaskandha district.
10.07 / 06:37
Provident
Mobile
Fastenal
financing
Quantum Energy partners Bike Bazaar for retail financing
Hyderabad-based Quantum Energy, an electric scooter start-up has inked a strategic tie-up with Bike Bazaar, a finance solutions provider for pre-owned and new vehicles. The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters.
08.07 / 06:01
COST
Provident
Digital
Manufacturing
Platform
Gap
Enterprise
Future
financing
Deep tier financing in India: The future of sustainable supply chain finance
India's GDP. Despite the growth of the MSME sector, they struggle to be a part of the mainstream financial ecosystem. This is where Deep Tier Supply Chain Finance comes into play.Deep Tier Financing is a business solution that leverages business relationships within the supply chain.
07.07 / 11:20
UPS
JPMorgan
Citigroup
Chase
UBS
financing
Deal
Wall St. banks back mega buyout financing deal for Worldpay
A group of banks led by JPMorgan Chase & Co. and Goldman Sachs Group Inc. are lining up around $9.4 billion of debt to back GTCR’s purchase of a majority stake in Worldpay Inc., in what would be the largest buyout financing in over a year.
05.05 / 10:13
Law
Binance
regulation
financing
place
compliance
Binance Addresses Compliance Concerns, Claims Robust Measures in Place to Prevent Terrorism Financing
Leading cryptocurrency exchange Binance has responded to a Reuters report that raised questions about its compliance policies for preventing and tackling cryptocurrency-based financing of terrorism.
23.04 / 03:47
business
Adoption
Payments
Asia
financing
China and Singapore team up to scale green and transition financing
Major Asian economies, China and Singapore, have set up a task force to deepen bilateral cooperation in green and transition finance. The move is aimed at facilitating greater public-private sector collaboration for a low-carbon future in the region.
03.03 / 19:59
Blockchain
COST
Digital
Mining
Progressive
financing
Russia Unveils Mutual Fund for Financing Crypto Mining Operations
A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.
27.02 / 15:21
Blockchain
ETH
Provident
FIVE
Digital
CEO
Pool
financing
Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
07.12 / 14:25
Blockchain
UPS
Digital
CEO
financing
licence
Stablecoin startup Membrane Finance reels in EU money licence and €2 million in seed financing
“We’ve been working towards this very goal for the last 18 months," says Juha Viitala, the CEO and co-founder of Membrane Finance. "Getting an EU-level license and the opportunity to finally build a truly regulated EUR-based stable coin is massive news for both us, and the wider European cryptocurrency market and community."Set for launch in early 2023, EUROe takes a fiat Euro and transforms it into a 1:1 pegged digital currency that can be used in transactions on all major blockchains.
25.11 / 01:15
Migrants
financing
French prosecutors probe alleged illegal election financing
French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022.
31.10 / 15:43
business
Mining
Bitcoin
Bitcoin Price
financing
Argo Blockchain is at risk of closing if it fails further financing
The London Stock Exchange-listed cryptocurrency firm Argo Blockchain has warned that it’s at risk of ceasing operations due to a lack of financing.
05.09 / 21:03
Waters
Platform
Strategy
WSJ
financing
Islamic State now experimenting with NFTs for financing, propaganda
The first case of terror-themed Non-fungible token (NFT) has surfaced, according to a Wall Street Journal report, with the same underlining the discovery of an NFT commending islamist militants for last month’s attack on an Afghan mosque.
03.09 / 22:09
COST
financing
Affordable-Housing Projects Derailed as Developers Struggle for Financing
Affordable-housing developers nationwide are stalling work on new projects, delaying thousands of units from coming to market when the U.S. already has a broad deficit of low-income housing.
22.08 / 11:05
Blockchain
COST
Platform
Enterprise
financing
Backed
How to Optimize Your Business with Non-Traditional Asset-Backed Financing
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
17.08 / 15:23
CEO
Bankrupt crypto
financing
Bankrupt crypto lender Celsius seeks financing amid cash crisis
Bankrupt crypto firm Celsius Network will run out of cash by October, and is looking for financing, including a so-called debtor-in-possession loan, Joshua Sussberg, the firm's lawyer said at a court hearing on 16 August.
26.07 / 14:33
21.07 / 21:39
UPS
coinbase
Arrow
financing
Coinbase shares up by >20% after ‘no financing exposure’ statement
To allay worries that the crypto-exchange would have been vulnerable to a liquidity constraint, Coinbase has asserted that it has “no financing exposure” to the bankrupt Celsius Network, Three Arrows Capital (3AC), or Voyager Digital.
19.04 / 08:35
cryptocurrency
Digital
financing
Biggest Risk Of Crypto Is Laundering, Terror Financing: Finance Minister
Nirmala Sitharaman is in Washington to attend the Spring Meetings with business leaders.
19.04 / 07:57
cryptocurrency
Money laundering
Finance Minister
financing
Money laundering and terror financing are biggest risks posed by crypto: Finance minister
Biggest risk of cryptocurrency could be money laundering and its use for financing terror, said Finance Minister Nirmala Sitharaman on Monday.
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