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Robotic Automations

Another VC-backed fintech, Earnin, faces crackdown over allegedly ‘predatory’ loans | TechCrunch

November 21, 2024 2:46 AM0


The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check […]

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Software Development in Sri Lanka

Robotic Automations

Exclusive: Kalshi secures tens of millions in loans from VCs, eyes $50M+ round amid election betting boom, source says

November 1, 2024 12:39 AM0


Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later cash. Kalshi is an exchange that allows people to bet, as official commodity trading contracts, on the outcomes of cultural events, from election results to how long Taylor Swift’s latest album will top the charts.  […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Apple says support for redeeming rewards with more partners is coming to Apple Pay | TechCrunch

October 25, 2024 8:31 AM0


On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including features like redeeming rewards and expanding installment loan options. In addition to Apple Pay’s newly added support for loan options from Affirm in the U.S., and Monzo Flex in the U.K., the iPhone maker shared […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

India's central bank orders Sachin Bansal's Navi to halt loans | TechCrunch

October 25, 2024 7:26 AM0


India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve Bank of India said (PDF) the firms violated rules on pricing, income assessment, and asset classification. This action follows months of warnings about responsible lending practices, it […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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