In today’s FinTech news, Stashfin raised funds to reach more consumers in India with its virtual credit facility. Meanwhile, India’s central bank is halting non-bank issuers of PPIs from loading cards and digital wallets through credit lines, and Nubank is looking to buy FinTechs in...
Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment of some debts,” which “eased some of the company’s short-term liquidity pressure.” The company continued: “Babel Finance will actively fulfill...
The crumbling of the crypto market has seen even the most ardent supporters seeming to start to exit, Bloomberg wrote. This comes as short-term speculators were already dumping their holdings. Glassnode data, according to the report, shows that the spent output profit ratio is at...
June 21, 2022
Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment of some debts,” which “eased some of the company’s short-term liquidity pressure.” The company continued: “Babel Finance will actively fulfill its legal responsibilities to customers and strive to avoid further […]
June 19, 2022
The crumbling of the crypto market has seen even the most ardent supporters seeming to start to exit, Bloomberg wrote. This comes as short-term speculators were already dumping their holdings....
