Credit Line news and trends

MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings
Latin America // January 24, 2020

Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...

Squarespace Seeks $400M Credit Line Ahead Of Potential IPO
Investments // November 19, 2019

Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

WeWork Looking For A $2.75B Line Of Credit Ahead Of IPO
IPO // May 29, 2019

New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...

Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs
Retail // August 27, 2018

Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Interviews & Exclusives
Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible

July 06, 2021
“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Quick Reads
MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings

January 24, 2020
Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

Squarespace Seeks $400M Credit Line Ahead Of Potential IPO

November 19, 2019
Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. Get the...

WeWork Looking For A $2.75B Line Of Credit Ahead Of IPO

May 29, 2019
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to...

Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs

August 27, 2018
Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. Get the Full Story Complete the form to unlock this article...