Articles with tag like: line of credit

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Robinhood raises USD 3.4 billion to cope with customer growth

News | Payments General | 02 Feb 2021

Robinhood has raised USD 3.4 billion to continue to support its record customer growth, including USD 1 billion in funding announced on January 29 2021.

Robinhood, funding, trading, investment, stocks, GameStop, banks, line of credit, equity, public offering, financial literacy, Ribbit Capital

Robinhood forced to raise USD 1 bln from investors

News | Payments General | 29 Jan 2021

The no-fee trading app Robinhood has been strained by the high volume of trading in stocks such as GameStop, prompting the company to seek additional funding.

Robinhood, trading, funding, investment, stocks, GameStop, banks, line of credit, equity, public offering

Ripple launches Line of Credit to fund instant cross-border payments

News | Cryptocurrencies | 09 Oct 2020

Ripple has launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.

XRP, RippleNet, cross-border money transfers, cross border payments, Ripple, ODL, credit, loan, DLT, SMEs, line of credit

PayPal and Capital One launch bundled banking app

News | Online & Mobile Banking | 23 Sep 2020

US-based financial corporation Capital One has teamed with PayPal to launch One banking app, aimed to bundle spending, saving and lending into a single account and debit card.

Capital One, PayPal, ONE, banking app, online banking, online and mobile banking, line of credit, digital banking, direct deposit, US, United States, North America

OmniBnk launches in Colombia to finance SMEs

News | Payments General | 15 May 2020

Chile-based neobank OmniBnk has entered the Colombian market to help small businesses.

OmniBnk, neobank, small businesses, SME, financing, Capital Logistic, line of credit, lenders