lending

Taking a look at the Web 3 scene over the last few months shows that it has been filled with a large amount of new projects. In search of the rising returns brought by the bull run, a ton of new projects have come to the scene. Now, it is left for the best investor to do their research and figure out what projects have value propositions that are worth looking into long-term. In line with that, a good example seemed to be Ethereum Classic (ETC) and Solana (SOL) investors. In search of where to invest their…

Credit: Pixabay/CC0 Public Domain Greenhouse gas emissions significantly increase in countries in the Global South within a few years after initially borrowing from the International Monetary Fund using structural loans, but not when more flexible lending conditions are involved. However, with countries' second or subsequent IMF loans, their…

Grand Cayman, Cayman Islands, March 11th, 2024, ChainwireThe Suilend lending protocol is Solend’s first venture outside of the Solana ecosystem underscoring confidence in Sui’s technologySuilend, Solend’s first expansion outside the Solana ecosystem, officially launched today on the Sui Network. Solend, which boasts over $200 million in total value locked (TVL) across 170,000+ users with support for 70+ assets, now brings its unparalleled DeFi expertise and experience building industry-leading lending…

The cryptocurrency market is packed with unique projects focused on a particular issue in the blockchain space. We look at two diverse projects in this article: the stablecoin USDC (USDC) and Tron (TRX), a blockchain-based operating system. More importantly, we investigate the reasons behind the movement of large investments into the presale of Kelexo (KLXO), a novel decentralized lending platform. USDC (USDC) shines amid…

Investors considering presale opportunities should evaluate a project’s roadmap and set milestones. A clear, realistic roadmap with achievable milestones indicates a project’s commitment to progress and development. This evaluation helps investors gauge the potential for a project’s success and its capacity to deliver on its promises, crucial for making informed decisions in the presale stages. The Kelexo (KLXO) presale is making waves in the crypto lending sector, having secured significant investments from…

A comprehensive guide to crypto lending: Getting started with a Bitcoin lending platform A major participant in decentralized finance (DeFi), the Bitcoin Lending Platform allows investors to earn interest on their Bitcoin and other cryptocurrency holdings by lending them to debtors. These borrowers have the option to use the cryptocurrency assets they own as security for fiat or stablecoin loans. A middleman in these transactions is the crypto lending Platform, which can be decentralized or centralized. The…

In December 2023, fintech major Paytm announced that it will start scaling down one of its most popular credit products Paytm Postpaid, a buy-now-pay-later (BNPL) offering for retail users. The fintech's stock prices tumbled as much as 20% the day after the announcement. The impact of the move on Paytm’s business became evident in the company's December quarter financials reported on January 19.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management…

Access Holdings secured a tentative approval for a new consumer lending division to be named Oxygen X Finance Company Limited, Nigeria’s biggest lender by assets said Wednesday. The final operating license that will set the subsidiary running is now expected from the Central Bank of Nigeria, Access Holdings said in a note to the Nigerian Exchange. The disclosure is the second diversification move by Access Holdings this week after the announcement on Monday of its acquisition of Lagos-based Megatech Insurance…

The Indian peer-to-peer lending market is projected to grow to $10 billion by 2025 but that milestone is expected to be reached much sooner, says Dipesh Karki, cofounder and CTO of P2P lending platform LenDenClub. "P2P lending companies will offer a distinctive fusion of cutting-edge technologies and speedy financial solutions to strengthen the alternate investment path for investors in India as well as fulfil the unmet credit needs of Indians," Karki told PTI. Put simply, P2P lending, or social-lending, leverages…

Google took down over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022, Finance Minister Nirmala Sitharaman reportedly claimed in a written reply to a query in the Lok Sabha Monday. The minister also said that the Reserve Bank of India (RBI) had shared ‘whitelist' of betting apps with the government to separate applications that operate legally from those that flout guidelines. Earlier this year, the Indian government banned over 230 Chinese-linked lending apps that facilitate betting and…