Market-leading and award-winning specialist development finance lender Blend Network (“Blend”) has SECURED £120 million committed capital from a consortium of large family offices to significantly boost its lending capability and further support mid-size property developers in the UK.

The apparel industry is highly susceptible to major world events. In order to thrive, it needs to continuously adapt to market changes. The COVID-19 pandemic meant that brick-and-mortar stores suffered a decrease in visits and sales, while ecommerce sales flourished and even doubled. Every day was a holiday for fashion ecommerce entrepreneurs.

Fast-growing Nigerian fintech start-up unveils ‘Kippa Payments’, second proprietary in-app product within firm’s first year of trading

Kippa, the fast-growing fintech start-up offering digital business and financial management solutions for SMEs in Africa, today announces the launch of its second product, ‘Kippa Payments’, a digital payments solution enabling users to send and receive payments from customers and perform extended payments transactions automatically.

 In recent years, ESG investing has rapidly increased in importance in the Land of the  Rising Sun. Factors such as the implementation of the Stewardship and Corporate Governance Codes, targets  to achieve carbon neutrality by 2050, and the world’s largest pension fund GPIF increasingly allocating towards  ESG investments have all contributed to this megatrend. Nomura Asset Management (NAM) has always been  at the forefront of responsible investing, leading the trend by incorporating comprehensive ESG elements into  investment processes.

Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum.

Why is this transaction important to the global crypto market?

This two-year transaction demonstrates that crypto can be a long term play and that the crypto ecosystem is becoming mature. There is a rising market demand for long-end liquidity, indicating a healthy market structure and growing participant trust.

Wealth managers can offer clients fractional access to a full suite of private market assets, helping them gain a competitive advantage over platforms with only public market products

Wealth managers can now introduce more of their end-investors to the world of private investments through a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices can also take part in the space via a corporate service to diversify their portfolios through private market products. 

 It was recently announced that MailChimp was hacked last month, with the criminals absconding information from more than 100 users, using that data to phish owners of Trezor cryptocurrency wallets. Staff of the popular email marketing company were apprised of the breach on March 26, and learned that the hacker used internal tools for account administration.
 

New home equity loan and home equity line of credit (HELOC) products go live on Mambu’s composable technology foundation \

• New American Express Trendex research reveals consumers expect transparency from business on their efforts to tackle climate change
• 78% want companies to educate them on ways to reduce their carbon footprint when shopping
• American Express launches new initiatives to support the reduction and removal of carbon emissions