Razorpay: unicorn status after $ 100 million in Series D

Indian start-up Razorpay achieved unicorn status after raising $ 100 million in a Series D funding round, the company said in a declaration Monday (Oct 12). The investment was co-led by GIC, the Singapore sovereign wealth fund, and Sequoia Capital India. Existing investors Y Combinator, Matrix Partners India, Tiger Global …

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Sanjeev Gupta’s Wyelands Bank ordered to reimburse savers in unprecedented intervention

A Sanjeev Gupta-owned lender has been ordered to pay back all its depositors in an unprecedented Bank of England intervention amid mounting pressure on the steel tycoon. Regulators have asked Wyelands Bank to reimburse all retail customers following a cash injection by Mr. Gupta. The tycoon’s GFG Alliance empire came …

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Old Hill Partners Closes $ 8 Million Senior Secured Transaction

DARIEN, Connecticut, October 27, 2020 (GLOBE NEWSWIRE) – Old Hill has provided $ 8 million in the form of a senior secured revolving term credit facility to a specialty finance company that provides working capital to small businesses in the form of cash advances to traders. The facility was secured …

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JPMorgan Chase Settles $ 2.5 Million Crypto Credit Card Lawsuit

Banking giant JPMorgan Chase recently settled a lawsuit in 2018, with a total payment of $ 2.5 – the result of imprecise fees charged when using credit cards for crypto purchases. A May 26 court document detailed: “The Court notes that the defendant JPMorgan Chase Bank, NA, f / k …

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Brits struggling with credit card debt can ask for three-month ‘breathing space’ – The Sun

HOUSEHOLDS who are struggling to honor their credit card payments due to financial issues related to the coronavirus may be offered up to three months of repayment vacation. Most companies will currently give you at least 30 days of respite if you can show that you’re making an effort to …

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What is a cash management account?

A cash management account, or CMA, is a cash account that combines services and functionality similar to checking, savings and / or investment accounts under one product. CMAs are typically offered by non-bank financial service providers, and some CMAs are able to offer above-average interest rates and reasonable or no …

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Too many advertising spam floods our deadlines

Twitter users: Too many spam advertisements are flooding our calendars. Image: Pexel Last week, Twitter users complained about seeing too many promoted tweets. This week is not much better. A reading of a Twitter timeline shows one tweet promoted every four to six tweets, give or take. Promoted Tweets are …

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VISA and Mastercard issuers make it harder to buy Bitcoin and other cryptocurrencies – TechCrunch

Justin mauldin Donor Justin Mauldin is the founder of Salient RP and a cryptocurrency investor. More posts from this contributor Update: This article has been updated with a VISA statement and an indication that VISA issuers have changed rates. The company claims that its approach to cryptocurrency transactions has not …

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Enough is enough | Investigator’s opinion

The revelations from the Senate hearing into the PhilHealth mess have been so sleazy that senators have had enough of, at least they say, the mud assaulting their senses and announced the end of the hearings. “Enough is enough… We are done with the carousel of denials and lies,” Senate …

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Former WEPCO employee accused of embezzlement | New

KINGWOOD – A former WEPCO Federal Credit Union loan officer has been charged with embezzling $ 157,950. Magistrate PL Grimm set bail at $ 15,000 for Nicole K. Moore, 37, of Elk Garden, who worked in the WEPCO office in Kingwood. Moore was released on bail. According to a criminal …

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