Babel news and trends

Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows

August 08, 2022
Hodlnaut, frozen crypto, withdrawals, stablecoins
Today in FinTech: Non-Bank PPIs; PropTech Capital; LatAm FinTechs; Crypto Debt Relief; Consumer Credit
Fintech Investments // June 21, 2022

In today’s FinTech news, Stashfin raised funds to reach more consumers in India with its virtual credit facility. Meanwhile, India’s central bank is halting non-bank issuers of PPIs from loading cards and digital wallets through credit lines, and Nubank is looking to buy FinTechs in...

Crypto Lender Babel Announces Debt Relief
Cryptocurrency // June 21, 2022

Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment of some debts,” which “eased some of the company’s short-term liquidity pressure.” Get the Full Story Complete the form to...

Long-Haul Holders of Crypto Are Starting to Sell
Cryptocurrency // June 19, 2022

The crumbling of the crypto market has seen even the most ardent supporters seeming to start to exit, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Quick Reads
Crypto Lender Babel Announces Debt Relief

June 21, 2022
Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment of some debts,” which “eased some of the company’s short-term liquidity pressure.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]

Long-Haul Holders of Crypto Are Starting to Sell

June 19, 2022
The crumbling of the crypto market has seen even the most ardent supporters seeming to start to exit, Bloomberg wrote. Get the Full Story Complete the form to unlock this...