Nexus Group, GCC's largest financial advisor, has launched a fully licensed mortgage entity, Nexus Mortgage Brokers. The new venture aims to complement Nexus' core insurance and financial advisory business and capitalize on the UAE's economic recovery and Dubai's vibrant residential…
Few of those working in the Asian loan markets would describe their world of finance as very exciting. Transactions can take months to complete and close, while traditional refinancing is still the bread and butter of the market.Yet sometimes loan…
Star Housing Finance Limited (Star HFL) launched differentiated loan products tailored to the rural consumer, which would meet their specific housing needs. The company launched products under its “Star Gram Griha Loans” umbrella. Star Gram Pakka Ghar loan: Funding for…
Rural housing has seen an increase in demand fueled by migration from small hamlets to semi-urban areas and reverse migration from city centers to these locations. It has been estimated that around 60 to 75 million individuals migrated to their…
The Chinese fintech giant Ant Group Co. Ltd. will begin to separate its consumer brand Huabei (花 呗) from lending services provided by partners on its platform, as it did with the sister brand Jiebei (借 呗), Caixin learned. The…
Excerpts: In an interaction with BusinessLine, Muthoot, who oversees consolidated assets under management of around 61,000 crore (of which around 90% are gold loans), observed that more players are entering the lending industry. gold means they see good prospects. He…
ALMOST daily Nigerians have recently received text messages like the following: “Your friend Mr. Donald Drum is a dubious person, a thief and a fraudster who has been swindling people for weeks now. This person got a loan from our…
A banking structure once sued by corporate giants like Walmart is set to return thanks to new rules that could lure tech companies like Amazon or Facebook looking to gain a foothold in finance.The Federal Deposit Insurance Corporation has approved…
The payment break on federally guaranteed student loans has been of use to millions of borrowers across the country, but one business has been significantly affected by the moratorium. Loading error Following the announcement of the suspension of payments, "our…
Sofi CEO Anthony Noto joins Yahoo Finance Live to discuss the company's third quarter results.Video transcript- SoFi stocks switch to pre-commercialization as fintech saw better-than-expected sales and profits for the third quarter. The company also reported accelerating sales growth for…