Browsing the "Loans" Tag

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

| Yogita Khatri

Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

VOIP Pioneer Says New Startup Is Paying Users Interest on Millions in Crypto

| Leigh Cuen

Led by Alex Mashinsky, crypto lending startup Celsius says it's paying thousands of users interest for depositing bitcoin and ether in its wallet app.

Ripio Rolls Out Crypto-Powered Loans Across Latin America

| Leigh Cuen

Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.

Crypto-Backed Loan Provider SALT Expands to 35 US States

| Nikhilesh De

Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

| Wolfie Zhao

One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. 

Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds

| Wolfie Zhao

The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.

Chinese Banks to Put Credit Blacklist on a Shared Blockchain

| Wolfie Zhao

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform

| Nikhilesh De

A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.

BBVA Issues $91 Million Loan Using Two Blockchains

| Wolfie Zhao

Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.

calculator, numbers

NY Wealth Manager to Issue Loans Against Bitcoin

| Brady Dale

New York family office Dominion Capital is launching a product for a new breed of consumer that's "crypto rich" but low on cash.