California-based fintech company Figure Technologies has completed its $103 million funding round led by Morgan Creek Digital.
Lending News
Lending is a type of financial relationships between two parties: the lender and the borrower. The lender provides a loan of money or some other item for temporary use while borrower uses the provided loan under the conditions that guarantee its refund. Usually, lending is a services provided by financial establishments, although there is also peer-to-peer — i.e., person-to-person — lending that means that individuals do not use any kind of intermediary. This kind of p2p lending removes the middleman from the process. However, it takes more time and carries more risk. Lately, there has also appeared the possibility of online lending, including Bitcoin lending platforms. As cryptocurrency has grown in terms of price and popularity, Bitcoin lending sites provide more and more services for lending Bitcoin and other cryptocurrency.
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Cryptocurrency platform Celsius Network announced that it reached $4.25 billion in total crypto loan origination.
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by Joeri Cant
U.K.-based cryptocurrency data and wallet provider Blockchain.com is reportedly on track to lend out more than $120 million in November.
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International banking regulator the Basel Committee is working to establish how much capital lenders should hold to cover the risks generated by crypto exposure...
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by Joeri Cant
Institutional digital asset lending firm Genesis Capital added a staggering $870 million in new originations during Q3 2019.
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Cryptocurrency exchange Binance announces the eighth phase of its lending product.
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by Joeri Cant
Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States.
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by Helen Partz
After starting up Binance Lending Service in late August, Binance expands its lending products this week, with support for Monero, Zcash and Dash.
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Online payments processor Stripe launches Stripe Capital, a lending service for internet companies in the United States.
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by Helen Partz
Binance announced its first crypto lending platform Binance Lending that will be available for subscription from Aug. 28 to Aug. 29.
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Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans.
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by Jack Martin
Institutional crypto lending platform Lendingblock gets regulatory approval as a DLT provider in Gibraltar.
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