Lending Agreement

Egyptian fintech MNT-Halan secures $ 120 million from Apis Partners, DisrupTech and others – TechCrunch

Over 70% of Egypt’s young and rapidly growing population of over 100 million is financially underserved despite mobile penetration above 90%. Traditional banks often overlook this segment because of their purchasing power or financial situation, and fintechs have seized the opportunity to meet their needs. One such fintech is MNT-Halan, and today the company that describes itself as “Egypt’s premier ...

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Central Bank considers mergers to increase gold lending portfolio: The Tribune India

Vijay C Roy Tribune press service Chandigarh, September 3 After entering into a strategic co-loan partnership with Dhanvarsha Finvest to offer a loan for gold in Madhya Pradesh, public sector lender Central Bank of India is looking for similar links to increase its gold loan portfolio. Currently, the bank’s gold loan portfolio is worth Rs 10,000 crore and it has ...

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How Nigerian fintechs can take advantage of DeFi in the face of regulatory inconsistency – Nairametrics

Nairametrics reported that a Federal High Court in Abuja granted the Central Bank of Nigeria (CBN) request to freeze the accounts of four FinTech companies for 180 days. These companies include Rise Vest, Bamboo, Chaka, and Trove. According to some reports, the freezing of accounts results from the fact that the umbrella bank investigated these companies for “illegal foreign exchange ...

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ECOVYST: DISCUSSION AND ANALYSIS BY THE DEPARTMENT OF FINANCIAL POSITION AND OPERATING RESULTS. (form 10-Q)

Unless the context requires otherwise, references in this report to "Ecovyst," "the company," "we," "us" or "our" refer to Ecovyst Inc. and its consolidated subsidiaries. Forward-looking Statements This periodic report on Form 10-Q ("Form 10-Q") includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be ...

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Chainsulting assumes the development of the loan protocol based on BSC Lendefi

Lendefi, an sub-guaranteed loan protocol built on top of the Binance Smart Chain, announced that it has signed an agreement with Chainsulting to manage and develop the Lendefi protocol from August 1. Recently, Lendefi launched its test network for public use of the platform and is quickly heading towards its mainnet launch on the Binance Smart Chain. During this critical ...

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Now is the time to go all out on Chainlink?

Chain link (CRYPTO: LINK) has been an amazing token during the cryptocurrency mania. If you had invested just $ 1,000 in its initial coin offering in September 2017, your investment would be worth $ 178,183 today. But it would have been worth $ 473,545 in May before the big crypto sell-off began. The token even has its own dedicated community ...

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Advise: approach family loans with caution

Mixing family and money can be complicated, which is why an expert from Greenleaf Trust recommends that all factors be weighed and that everything be thoroughly documented in the case of family loans. Regina Jaegar, Vice President and Senior Trust Relations Officer at Greenleaf Trust and Certified Trustee and Trustee, recently spoke to the Business Journal about family loans, which ...

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Call for victims to come forward after suspected illegal money lenders arrested in Huddersfield

Officers investigating allegations of illegal money lending and money laundering are calling on victims to come forward. The appeal comes after the England Illegal Money Lending Team (IMLT), in partnership with the West Yorkshire Trading Standards Service and West Yorkshire Police, executed warrants at two properties in Huddersfield last month . Officers seized money and documents during property searches on ...

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