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A British fintech firm Revolut seeks to hire nearly 3500 staff in a new deal with the global payments titan Visa Inc (NYSE: V). According to a report released on Monday, September 30, 2019, Revolut—the digital banking app, has chosen Visa to be its lead issuing partner in a bid to spur global expansion. Revolut…
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Reuters reported that Deutsche Bank may add some of its problematic assets to the “bad bank” category soon. It will be contingent upon the bank’s sale of assets that were previously added to this category. Senior executives talk of the change According to three sources within the bank, a few senior officials of the lender…
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Viraj is a freelance writer with a passion for everything related to finance, crypto and fintech. He has been covering finance news for over five years and has written for a number of publications around the web, covering anything from breaking news to stock analysis pieces. Online contributions Blokt Insider Monkey InvestCorrectly Inside Bitcoins…
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LINE, a messaging application in Japan, has just come out with one of the best Bitcoin exchanges shortly after it received approval to do so. This news comes to us via a press release from the company, in which they reveal that the application’s wallet tab will work with the new exchange, BITMAX. As of…
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Max Moeller is a freelance cryptocurrency, blockchain, and games writer with an undying interest in how the two markets can intersect. He has been working in both industries for around three years, with a big focus on blockchain-specific topics and has written for some of the largest cryptocurrency and finance portals. Online Contributions Areas…
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Peer-to-peer lending (P2P lending) allows borrowers such as individuals and businesses to directly borrow money from lenders through online services without dealing with intermediaries, such as banks and credit companies. P2P Lending Declines In China This form of technology-based lending practice offers option to borrowers who are hampered by strict loan requirements of traditional loan…
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2019 could easily be termed the Year of Unicorn IPOs. Several startup companies have disrupted their respective markets. If you missed the train on some of the hottest IPOs of the season, don’t worry. You still have a chance to grab your shares and add some of the fastest-growing companies on the planet to your…
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The effects of the trade war between China and the United States were again felt on Monday after the Southeast Asian stock markets fell with Singapore taking the lead. The benchmark index in Singapore fell by 0.8% with industrial stocks contributing heavily to the dip. Leading the way is Jardine Matheson Holdings Ltd that dropped…
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WhatsApp, a platform owned by social media giant Facebook, is working with a variety of digital payment firms in Indonesia to try and utilize their services, reports Reuters. People familiar with the matter claim that the country is looking to grow its e-commerce space even faster. According to the publication, Indonesia would be the second…
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LendInvest, a lender to FinTech companies, has pulled in a £200m investment from the National Australia Bank (NAB,) reports AltFi. The NAB is one of the largest banks in all of Australia. This is incredibly useful for the investment firm, considering it has been able to generate around £1.8bn of equity and debt from its…
