Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. The new services will include money withdrawal and credit line...
Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. The listing could happen in the year 2021, and Squarespace wants to get the credit facility settled...
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to a report by Bloomberg. The company is talking to banks and JPMorgan Chase — Chase...
Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. Finaxar will offer its services to Lazada sellers in Singapore, with plans to eventually expand to cover other parts of Southeast Asia. The goal is to...
July 06, 2021
“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.” In an age where half of the transactions are done with debit cards — and, importantly, where a majority of people live paycheck to paycheck and may lack access to […]
January 24, 2020
Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. The new services will include money withdrawal and credit line options. Mercado Pago has over 220 million users through seven […]
November 19, 2019
Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. The listing...
May 29, 2019
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to...
August 27, 2018
Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. Finaxar will offer its services to Lazada sellers in Singapore, with...
