China’s new loans surge to $405 bn in March on the back of Covid-19
New loans in the country have surpassed market expectations of 1.8 tn yuan...
Tag : financing
Tesla likely to face SEC investigation as Elon Musk tweets stir debate of market manipulation
The famed Tesla CEO may stand in violation of the 14e-8 of the Securities Exchange Act of 1934...
Hong Kong-backed wealth manager LJ Partnership eyes expansion after Gulf investment
The London-based multi-family office targets to grow Asia-Pacific assets under management to US$10 bn by 2021, with new Gulf shareholder Dilmun....
Tungsten Network funds company invoices worth US$393mn to manage working capital
Digital automation platform Tungsten Network has funded invoices worth US$393mn to help companies across the UK and US manage their working capital...
Robert Bouchard appointed CEO of Econocom Group
“This marks a new chapter in Econocom’s entrepreneurial and family history and I am proud of the trust my father and the Board have placed in me. I am fully aware of the responsibility I have to our 10,700 employees, our clients and our shareholders," says the new CEO...
Jumio secures $15 million financing round
Company to aggressively accelerate product development, sales and international expansion September 1, 2016: Jumio, the leading digital ID verification company,announced it has secured $15 million in financing from Centana Growth Partners LP and Millennium Technology Value Partners. The financing adds Millennium to Jumio’s investors and board. The investment will enable Jumio to extend its leadership...
Alternative financing to hit $34 billion mark in 2015
Could surpass venture capital and angel investing David Drake November 18, 2015: Alternative financing emerged following the 2008 global financial crisis. Two of these alternative financing mechanisms are peer-to-peer or P2P lending and crowdfunding where funds are raised online. The growth of alternative financing has been consistent since its introduction, raising $2.7 billion in 2012...