The financial behavior of Malaysian consumers is under scrutiny as a growing number of individuals resort to inflating their income information on loan applications. Known as 'liar loans', these fraudulent practices have raised concerns among financial experts and institutions. With
PowerPay, a digital lender headquartered in the United States, has reached a significant financial milestone by successfully raising $60 million through an investment-grade corporate bond issuance. This accomplishment, with KeyBank acting as the exclusive private placement agent, marks an important
Lean Technologies, a Saudi Arabian fintech infrastructure platform, has recently secured $67.5 million in a Series B funding round. The round was led by General Catalyst, an esteemed venture capital firm, with significant contributions from Arbor Ventures, Bain Capital Ventures, and Duquesne Family
The financial technology landscape is buzzing with the introduction of Blip-Pay, a new account-to-account (A2A) payments platform by UK-based fintech startup FintechIO. Unveiled at the Open Banking Expo in London, Blip-Pay promises to change the game by utilizing open banking and real-time data to
Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset
The crowdlending market in Europe is on the verge of a transformation with the advent of blockchain technology, and 8lends is positioned at the forefront of this revolution. By integrating blockchain into peer-to-peer (P2P) lending, 8lends aims to significantly enhance transparency, reduce costs,
