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Archive for the ‘Finance Articles’ Category

Real estate startup Homie plans to expand to more cities with $23 million in Series B funding

Homie has made an impression among younger, first-time home buyers in the Utah and Arizona markets for cutting out the traditional closing costs, 6% real estate commissions and arduous paperwork associated with traditional home sales. It now plans to explore opening up in three new markets and will begin a Vegas launch in March with ...

Jenfi wants to solve small business lending in Southeast Asia

Small business lending is a huge market that has attracted massive attention from VC investors in recent years. Startups like Kabbage have raised more than a billion dollars in venture capital and debt to create lending platforms for businesses, and others in the space like Fundbox for lending and BlueVine for banking are trying to ...

Remitly launches Passbook, a neobank aimed at immigrants, to expand beyond money transfers

Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank aimed at immigrants that lets ...

Our Predictions for the Property Market in 2020

02.03.2020 · Posted in Real Estate Articles

Now that 2020 is upon us, we give our analysis on what will happen within the property market in the year ahead Property prices will increase In the 2019 general election, the Conservative party won a majority. This has allowed them to press ahead with Brexit and has allayed the uncertainty surrounding it. Uncertainty within ...

Financial Coronavirus booster shot: China to inject $174 Billion of liquidity Monday Feb. 3

China’s central bank today announced plans to inject 1.2 trillion yuan worth of liquidity ($174 billion in U.S. dollars) into the financial markets via reverse repo operations on Monday, as stock markets prepare to reopen amid an escalating Wuhan coronavirus outbreak.

Stock, currency and bond markets have been shut down in China since January 23, and ...

Private equity take-over of .ORG domain delayed

Some activists must have been heard, California's Attorney General has delayed the transaction wherein a private equity firm is buying the .ORG tld, seeking more information.

Mashable:

California Attorney General Xavier Becerra sent a letter to the Internet Corporation for Assigned Names and Numbers (ICANN) demanding more information about the private equity takeover of the ...

Bankin’ and Bridge launch payment API using bank transfers

French startup Bankin’ has introduced Bridge Pay this week, an API that lets you initiate payments using bank transfers from your app. Think about it as a sort of Stripe, but for bank transfers. The API currently covers 12 major French banks, which represent around 90% of retail bank accounts in France. Bankin’ is both ...