Business
Airbus Test Flight Sets New Record in Quest for World’s Longest Routes
Airbus test flight breaks record supporting Qantas’ Project Sunrise. The Airbus A350-1000ULR…
Startup
Fintech
Revolut Experiences Surge in Valuation with New Share Sale
Revolut's valuation climbed to $115 billion from the recent share sale. Expansion and strategic licenses boost its global market presence. Employee share sales are rising as IPO opportunities diminish.
Lightning Reach Expands Through ETG Acquisition, Aiming for Greater Financial Support Reach
Lightning Reach, recently acquired by ETG, aims for broader service reach. Over £24 billion in aid goes unclaimed annually; Lightning…
Forward Financing Secures $525 Million to Aid Small Businesses
Forward Financing has secured $525 million to bolster small business support. This includes a $350 million VFN and a $175…
Revolut Enters Australian Banking Market with Full ADI License
Revolut has secured a full ADI license from APRA in Australia. Company plans to invest $280 million in Australian market…
Affirm Reports Pay-Over-Time Loans to TransUnion and Updates Consumer Data Records
Affirm begins detailed reporting of all pay-over-time loans. TransUnion now receives Pay in 4 and monthly installment data. Changes might influence future consumer credit scoring models.
OnePay Launches Personal Loan Program with Upgrade
OnePay partners with Upgrade for a consumer loan initiative. Loans available from $1,000 to $50,000 on OnePay app. Research shows…
Community Banks Gain Significance Even as Their Numbers Decline
Community banks are crucial despite dwindling market share and numbers. Technological adoption could enhance their competitive edge. They maintain leadership…
Saible Secures New Funding to Address Construction’s Payment Issues
Saible secures £2.9M to tackle payment challenges in construction. The firm innovates with Digital Parallel Payment Accounts to improve cash…
