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…
what are the different jobs in finance?
Quinoa Beet Salad – JennifersKitchen
Let me be very clear. I do not like beets. I’ve spent over fifty years disliking beets.
I’ve tried them boiled (gag-inducing), roasted (almost tolerable, but no), raw (the additional chewing required just prolongs the misery), and picked (where’s the bathroom?).
To me, beets taste like garden dirt laced with a little bit of sugar. Interestingly, there is validity to that perception. Beets contain a naturally-occurring compound called geosmin, and geosmin gives beets their dirt-like . . . er. . . earthy flavour.
Some people like this earthy flavor.
I’m not one of them.
Just as interesting – at least…
Benefits of Eating Meat | Diabetic Mediterranean Diet
July 1, 2023 · 2:15 PM
Mucho protein, amigo
I found a review article at Animal Frontiers that makes the argument in favor of meat consumption. The authors admit little focus on the downsides of eating meat. I’ve been cutting back on my meat consumption out of sympathy for the animals. Here are some of the key points verbatim:
Aspects of human anatomy, digestion, and metabolism diverged from other primates, indicating evolutionary reliability on, and compatibility with, substantial meat intake. Implications of a disconnect from evolutionary dietary patterns may contribute to today’s burden of disease, increasing the risk for both…
Why I Don’t Eat Mushrooms
Mushrooms are commonly eaten among vegans and non-vegans alike, but many feel that mushrooms are not suitable for food. Below are a few of the reasons that I personally choose not to eat mushrooms.
(Note: Before anyone starts jumping on their keyboards to chastise me for posting this article, please note that these are my personal reasons for not eating mushrooms. I am not telling you that you cannot eat mushrooms. You are entitled to your personal preferences just as I am entitled to mine.
If you are offended by my personal decision concerning what I eat, then . .…
Recipe: Peggy’s Indian Cabbage | Diabetic Mediterranean Diet
May 20, 2023 · 8:10 AM
From Peggy at Buttoni’s Low-Carb Recipes:
If you think you don’t like cabbage (like my husband) you have GOT to try this recipe! You’ll swear you don’t eat cabbage!! No cabbage odor or strong taste whatsoever to this dish! It is a delightfully crunchy side dish with grilled Tandoori Chicken or pork chops! I order my nigella seeds (black onion seeds or how about seed) on-line, but you may be lucky to have a spice supplier where you live. I would not recommend omitting them, as you will miss out on a flavor layer…
Hong Kong finance chief says no sharp risk to property prices By Reuters
HONG KONG (Reuters) -Hong Kong’s finance chief said on Thursday he does not see a sharp risk to the city’s real estate market nor a need to adjust property control measures, as the financial hub braces for more interest rate hikes.
Finance Secretary Paul Chan was speaking after the Hong Kong Monetary Authority raised its base rate charged through the overnight discount window by 75 basis points to 3.5%, its highest since October 2008, following the same move by the US Federal Reserve.
Chan said that while home prices in Hong Kong have dropped close to over 6% in the…
Should You Be Concerned About Arsenic in Rice?
Arsenic-based pesticides have been used in agricultural practices for many years, and, accordingly, soils and groundwater in the US are contaminated with varying levels of arsenic. Because arsenic exists in soil and water, it finds its way into our food supply. And nearly all foods contain some level of arsenic.
What Foods Have the Most Arsenic?
Studies show that most of the arsenic in the American diet comes from meat, milk, poultry, pork, eggs and seafood. Poultry is the worst offender. Some chickens exceed the EPA safety limit for arsenic by 2,000%. Meat and poultry are high in arsenic because…
Boeing plans to eliminate 150 finance jobs in the US
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…