French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up to €167 million ($183 million) with Citi and Viola Credit acting as the lenders.
This is significant news for the startup as it means that it will have more capital to deploy, which will eventually generate more revenue.
As a reminder, Defacto wants to offer credit products using an API in the fintech products that you already use. With this embedded finance strategy, Defacto can leverage…
Tag: finance jobs
The brain is the most complex organ of the human body. It’s also a very hungry organ. The brain gobbles up about 20 percent of your daily calorie intake. And research shows that the food we eat directly affects the structure and function of our brain.
But can certain foods actually improve memory, help us concentrate, make us more intelligent, and help us think more clearly?
Research says positively yes.
We can make our brains work better simply by feeding them the right foods. Here, some smart foods to add to your meals this week.
The Brain Diet
Fruits
Fruit…
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Executive
Financial well-being of workers dives as costs soar, National Payroll Institute survey says
Publishing date:
Sep 21, 2022 • 1 day ago • 7 minute read • 5 Comments
The financial well-being of workers has fallen sharply this year and is expected to get worse in the months ahead. Photo by Laura Pedersen/National Post files
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SAN JOSE (Reuters) – Costa Rica’s Congress opened an investigation on Wednesday into complaints of illegal financing during the electoral campaign of President Rodrigo Chaves, who took office in May.
A special commission, backed by the opposition, will spend two months investigating complaints regarding bank accounts with ties to several political parties, including Chaves’ Social Democratic Progress Party.
The investigation by lawmakers follows the opening of another probe by prosecutors, which could lead to the suspension of immunity protections for Chaves and Vice President Stephan Brunner, who served as Chaves’ campaign treasurer.
Chaves, who ran for office on a message…
Yahoo Finance Live looks at Boeing’s plans to cut finance jobs amid as the manufacturer considers relocating its headquarters and deals with China.
Video Transcript
RACHELLE AKUFFO: My pick is planemaker Boeing. The company announcing plans to lay off nearly 150 finance and IT jobs to simplify its corporate structure and focus on manufacturing and product development. The stock was in positive territory, but after that Fed announcement, also down there about 1 and 1/2%. Now the company also grew its workforce, though, this year by about 10,000 employees and hired in its engineering and manufacturing departments to really keep…
Although US credit card users are happy with this credit option, they’re using it less frequently in favor of other alternatives, a JD Power study said. (iStock)
Although Americans are happy with their credit card services, financial stress and the increased use of alternative financing options means they are relying on them less, a recent study said.
The JD Power 2022 US Credit Card Satisfaction study said that overall satisfaction with credit cards improved by 5 points to 810 (on a 1,000-point scale) compared to last year. This was measured by the so-called Net Promoter Score.
However, the study said…
Are you trying to lose a few pounds? Do you find yourself hungry all the time?
Just because you’re trying to lose weight, doesn’t mean you have to deal with a grumbling stomach. Here are some easy tricks to make you feel fuller longer.
Tip 1. Eat more whole grains
While refined grains, like white flour, white pasta, and white rice will cause you to feel hungry just a short time later; whole grains, like brown rice, oats, millet, and teff will leave you feeling much satisfied longer.
When eating pasta, be sure to choose whole-grain pasta, such as brown…
December 21, 2022 · 6:52 AM
The various available vaccines, possibly even different batches from the same manufacturer, have different adverse effect profiles
From News.com.au:
Former federal MP [Member of Parliament?] Dr Kerryn Phelps has revealed he and his wife both suffered serious and ongoing injuries from Covid vaccines, while suggesting the true rate of adverse events is far higher than acknowledged due to underreporting and “threats” from medical regulators.
In an explosive submission to Parliament’s Long Covid inquiry, the former Australian Medical Association (AMA) president has broken her silence about the “devastating” experience — emerging as the most prominent…