Sunday, December 27, 2020

China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible (Bloomberg)

Bloomberg:
China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible  —  - Authorities require Ant to overhaul business, set up timetable  — Ant was blasted over governance, disdain toward compliance



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New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

FinSMEs : New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Spr...