Loans

Payments Processor Stripe Launches Lending Service for Online Companies

Online payments processor Stripe announced the launch of its lending service Stripe Capital for the U.S. internet businesses. On Sept.…

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

The Takeaway: Crypto lending startup Celsius raised $50 million in a token sale in 2018. Lending volume has surged since…

Nonprofit Launches Blockchain Platform for Credit History in Sierra Leone

San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history…

Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In…

Crypto Lending Industry Has Earned Just 2% on $4.7 Billion in Loans: Report

A lot of loans have been made in crypto, but lenders have not reaped a lot of profit. That’s the…

Novogratz’s Crypto Bank Galaxy Digital Invests in Digital Asset Lender

Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital. A fiat-crypto lending…

Cryptocurrency Lender Dharma to Postpone Accepting New Deposits and Loans

San Francisco-based crypto lender Dharma has decided to pause new deposits and loans on its platform.  Dharma announced their decision…

BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm

American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding…

MasterCard and Nexo Jointly Launch ‘World’s First’ Crypto Credit Card

Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. The development…

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