Tagged: david chan

FarmTogether Announces New Sustainable Farmland Fund

FarmTogether, an investment crowdfunding platform allowing smaller investors to invest in farms, has announced a new Sustainable Farmland Fund. FarmTogether, which reports approximately $175 million in assets under management (AUM) says the new Fund will further its mission to the asset class for all investors… Read More

Digital Lending Platform Jaja Finance Reveals that Investor Consortium has Become Majority Shareholder of Business

Online lending platform Jaja Finance Ltd reveals that a consortium of investors, who are led by shareholder KKR and including entities owned by investment funds being managed by TDR Capital LLP, have entered an agreement with Jaja to become majority shareholders of the business. This… Read More

Fintech Firms Must Properly Manage Cash Flow, as COVID-19 Is Making it Challenging to Assess Credit Risk, Monedo CEO Says

David Chan, CEO at Monedo (previously Kreditech), a point of sale (PoS) lender that claims to have more than one million customers who have reportedly received over 2 million loans (as of March 2020), says that the online lender has a global addressable market of… Read More

Germany: Kreditech Gains €20 Million in Equity Financing, Plans Global Expansion

Online lender Kreditech has raised €20 million in its latest funding round, according to a note from the company. Apparently, the additional capital will help the Fintech scale globally in its goal to provide credit to near-prime customers. The funding was co-led by Runa Capital… Read More

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