Lending & Investment

How Will Bloomberg’s New Tool Impact Nature-Focused Investing?
Lending & Investment How Will Bloomberg’s New Tool Impact Nature-Focused Investing?

The launch of Bloomberg's new solution aimed at assessing nature-related impacts and dependencies across up to 45,000 companies marks a significant development in sustainable investing. This aligns with the growing recognition of the necessity to manage biodiversity sustainably, with approximately

GMO-PG Invests $3 Million in Helicap to Boost Financial Inclusion in SEA
Lending & Investment GMO-PG Invests $3 Million in Helicap to Boost Financial Inclusion in SEA

GMO Payment Gateway, Inc. (GMO-PG), a leading provider of payment and financial services under the GMO Internet Group, has recently made a significant investment of $3 million into Helicap’s credit fund. This move, executed through its Singapore-based subsidiary GMO-Z.COM PAYMENT GATEWAY,

Seven Bank Enhances Loan Screening with 7iD Purchase Data and AI Techniques
Lending & Investment Seven Bank Enhances Loan Screening with 7iD Purchase Data and AI Techniques

In a groundbreaking move to upgrade its credit screening processes, Seven Bank has implemented a time-limited initiative utilizing “7iD” purchase data for personal loan services. This innovation began on October 16, 2024, marking a promising shift towards a more comprehensive and inclusive credit

Bank of America Merges Fintech Team with Broader Tech Division
Lending & Investment Bank of America Merges Fintech Team with Broader Tech Division

Bank of America Corp. has recently announced a significant restructuring of its investment banking operations, integrating its fintech investment banking team into its broader technology division. This move underscores the increasing convergence of financial services and technology, reflecting the

How Will Best Egg's $500M Facility Transform Personal Loan Market?
Lending & Investment How Will Best Egg's $500M Facility Transform Personal Loan Market?

Best Egg, a US-based consumer financial technology platform renowned for its innovation in personal loans, has recently secured a substantial $500 million purchase facility. With backing from Fortress Investment Group and Edge Focus, this strategic investment is poised to revolutionize the personal

SoFi and Fortress Partner in $2B Deal to Boost Loan Platform Expansion
Lending & Investment SoFi and Fortress Partner in $2B Deal to Boost Loan Platform Expansion

The recent collaboration between SoFi, a prominent US consumer financial technology company, and Fortress Investment Group, a global investment manager, has taken the fintech industry by storm. Announced on October 15, 2024, this $2 billion agreement aims at significantly enhancing SoFi's loan

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