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US Banks Borrowed $148B from Fed’s Discount Window this Week, Highest Level Since 2008
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US Banks Borrowed $148B from Fed’s Discount Window this Week, Highest Level Since 2008

The FDIC has also lent out $142.8 billion to two entities set up by US regulators to succeed SVB and Signature Bank.

March 17, 2023
Digital Yuan Loans Can Help China Monitor Businesses in Real Time

Digital Yuan Loans Can Help China Monitor Businesses in Real Time

Suzhou is the latest Chinese city to offer digital yuan loans to businesses, following the footprints of Shaanxi Province and the city of Guangzhou.

August 04, 2022
Interview: SUKU CEO Says DeFi’s Real Beneficiary Has Yet to Be Reached

Interview: SUKU CEO Says DeFi’s Real Beneficiary Has Yet to Be Reached

SUKU started as a 'supply chain service as a service' platform, before discovering a significant financial gap.

March 26, 2021
SoFi Submits Second Application for Banking License

SoFi Submits Second Application for Banking License

The second time could be different — for a few reasons

July 13, 2020
FinTech Startup Upgrade Reaches $1 Billion Valuation — After $40 Million Injection

FinTech Startup Upgrade Reaches $1 Billion Valuation — After $40 Million Injection

It pays off to offer low-interest rates in harsh times

June 19, 2020