Credit Line

Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
July 06, 2021  |  credit frictions

“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.”...

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MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings
MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings
January 24, 2020  |  Latin America

Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in...

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Squarespace Seeks $400M Credit Line Ahead Of Potential IPO
Squarespace Seeks $400M Credit Line Ahead Of Potential IPO
November 19, 2019  |  Investments

Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a...

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WeWork Looking For A $2.75B Line Of Credit Ahead Of IPO
WeWork Looking For A $2.75B Line Of Credit Ahead Of IPO
May 29, 2019  |  IPO

New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming...

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Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs
Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs
August 27, 2018  |  Retail

Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. Finaxar will offer its services to...

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SoFi Eyes $1B Credit Line, Post Q2 Loss
SoFi Eyes $1B Credit Line, Post Q2 Loss
August 17, 2018  |  Loans

Student loan refinancing company Social Finance (SoFi) is looking for a loan of its own: The company is in talks with banks to secure a...

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