Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...
Tagged: INVBR1
How Ant fell into fintech’s middle-income trap
HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...
Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...
What crisis? High-stakes crypto lending looks set to stay
LONDON/WASHINGTON, Sept 21 (Reuters) – On May 11, Scott Odell, an analyst at UK crypto lender Blockchain.com, sent a direct message to Edward Zhao of Three...
US SEC’s crypto guidelines raise costs for lenders, disrupting projects
WASHINGTON, Sept 16 (Reuters) – Banks’ cryptocurrency projects have been upstaged by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital...
US SEC working to register crypto lending firms -Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a Senate Banking, Housing and Urban Affairs Committee oversight hearing on the SEC on Capitol...
Fintech crash is an M&A opportunity for bold banks
The Robinhood logo is seen on a smartphone in front of a displayed stock graph in this illustration taken July 2, 2021. REUTERS/Dado Ruvic/Illustration Register now...
The crypto game company Animoca Brands achieves a value of 5.5 billion dollars after a collection of 75 million dollars
LONDON, July 12 (Reuters) – Blockchain game developer Animoca Brands has raised $ 75.3 million following a fundraising campaign that now values the company at $...