Ally Financial will buy CardWorks and it makes a $2.65 billion deal
Auto lender Ally Financial Inc on Tuesday has announced it’s buying subprime lender CardWorks for $2.65 billion. Ally Fin. looks to diversify its consumer product offerings, supported by a growing and low-cost deposit base.
Sprinque Secures $21 Million Debt Facility to Fuel Expansion Across Europe
Let's delve deeper into this exciting news and explore how Sprinque plans to leverage this debt facility to solidify its presence in the European market.
The Rapid Growth of India’s Neobanking Market: A Digital Revolution
This article explores the factors driving this growth and the future prospects of the neobanking sector in India.
FinTech Giant Stripe Sets Its Sights on the Credit Game
In a surprising move, Stripe, the leading FinTech company known for its robust payment processing platform, has announced its entry into the credit industry.
Responsible Lending in Today’s Economy: A Guide to Sustainable Financial Practices
In this blog post, we will delve into what responsible lending truly means in today's economy and explore its significance in promoting long-term economic stability.