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Lending company


Kredivo today announced that it has secured another $ 100 million credit facility from Victory Park Capital (VPC). This doubles the total warehouse finance facility of VPC’s Indonesian digital lending and credit platform to $ 200 million. The first round was closed in July 2020. Kredivo is operated by Singapore-based fintech FinAccel. This is the …

A House committee has launched a formal investigation into how several online lenders may have facilitated fraudulent Paycheck Protection Program loans, following a report by ProPublica and other media. The House Selection Subcommittee on the Coronavirus Crisis Inquiry is seeking answers from Kabbage and BlueVine, online lending platforms that have processed hundreds of thousands of …

Brian Mulroney, Margaret Atwood, Jane Fonda and Neil Young are among more than 100 public figures who are joining the call to protect all of British Columbia’s old growth forests from logging. “Some things cannot be replaced,” begins the brief open letter to Prime Minister John Horgan, signed by Indigenous leaders, scientists, foresters, writers, politicians …

Credit Suisse CS -1.92% Group AG and SoftBank 9984 -0.80% Group Corp. chief executive Masayoshi Son recently dissolved a long-standing personal loan relationship and the bank ended transactions with his company, according to regulatory documents and people familiar with the matter. The moves came after the collapse of SoftBank-backed Greensill Capital in March plunged Credit …