Finance News – Credit
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Saylor says BTC Treasury companies can grow as fast as they can issue credit and buy Bitcoin
Michael Saylor highlighted that firms holding Bitcoin as assets can expand rapidly by leveraging financial instruments to increase their Bitcoin acquisitions, potentially surpassin...
Read Full Article →Profit triples at SME lender Iwoca as loans near £1bn
Iwoca’s pre-tax profit increased significantly to £59.1 million in 2024, reflecting substantial growth in revenue and lending activity focused on small and medium-sized enterprises...
Read Full Article →Sky’s new DeFi protocol Grove launches with $1B backing to bring institutional credit onchain
The introduction of Grove marks a significant infusion of capital into decentralized finance, aiming to integrate large-scale institutional lending within blockchain-based credit s...
Read Full Article →Cycles eyes sustainable crypto credit after 2022 liquidity crisis
Following the liquidity challenges experienced in 2022, Cycles aims to develop a cryptocurrency credit system that prioritizes long-term stability by closely managing the relations...
Read Full Article →Refinance Rates Hold On to Most of Double-Day Dip
Mortgage refinancing costs remained relatively stable despite an initial decline earlier in the day, indicating limited movement in borrowing expenses for homeowners considering lo...
Read Full Article →Maple Finance taps Cantor for Bitcoin-backed credit
Maple Finance secured initial funding through a Bitcoin-collateralized credit agreement with Cantor Fitzgerald, contributing to the bank’s broader multi-billion-dollar effort to ex...
Read Full Article →Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls
Investors showed caution as a major credit rating agency lowered the United States’ credit status and policymakers progressed with legislation likely to increase the national debt,...
Read Full Article →Banking complaints rocket amid motor finance backlash
The sharp increase in customer grievances during late 2024 highlights growing challenges within financial services, potentially impacting consumer trust and prompting closer regula...
Read Full Article →UK ministers to meet bank bosses over lending to small businesses
Government officials plan to engage with major financial institutions to address challenges faced by smaller enterprises in obtaining necessary investment capital, aiming to stimul...
Read Full Article →UK Regulator Proposes Ban on Buying Crypto With Credit Cards
The UK's financial regulator is evaluating a potential prohibition on purchasing cryptocurrencies with credit cards while also contemplating restrictions on crypto lending and borr...
Read Full Article →UK to ban buying bitcoin on credit card; stocks rise on hopes of US-China trade talks – business liv...
The UK plans to restrict credit card purchases of bitcoin, influencing cryptocurrency markets, while stock prices uptrend amid optimistic expectations for easing tensions in US-Chi...
Read Full Article →Riot Platforms posts Q1 loss, beats revenue estimates
Riot Platforms reported record quarterly revenue of $161.4 million despite a net loss of $296,367, attributed to rising mining costs and a significant increase in global network ha...
Read Full Article →British Gas has billed my account for Glasgow address that is not mine
A London resident is concerned that being incorrectly billed for a Glasgow address by British Gas could negatively impact their credit score and complicate future energy supplier c...
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