Finance firm
Finance firm pledges to ‘restore bright minds’ in Northamptonshire youngsters
A Northampton-based family business hopes to ‘restore and help treat’ children across the country who may be suffering from their mental health. To mark the final day of Children’s Mental Health Awareness Week, which kicked off on Monday February 7, Billing Finance has pledged a total of £5,000 to St Andrew’s LightBulb initiative. The initiative …
Auto finance company MotoNovo seeks to accelerate growth with new management team
Cardiff-based car finance firm MotoNovo has unveiled a new management team as it seeks to build on record lending activity. The company, which employs 723 people at its offices in Central Square in the center of the capital, established a record lending level of £1.99billion in its last financial year to June 2021, while increasing …
Alleging harassment by a financial company, a man sets fire to a bicycle | Mangaluru News
Mangaluru: Frustrated with a finance company allegedly harassing him for EMI payment, a man torched a motorbike outside Shanthiyangadi showroom in Bantwal on Monday. Police say the accused Thasleem, along with a few others, arrived at the two-wheeler showroom and set the motorcycle on fire. The accused had borrowed money to buy the motorcycle from …
Major housing finance company says demand for home loans remains strong across all segments
Major loan HDFC on Wednesday reported an 11% increase in its Q3FY22 standalone net income on a yearly basis. Its profit after tax rose to Rs 3,261 crore from Rs 2,926 crore in the corresponding quarter of the previous year. Additionally, the Company’s net interest income (NII) for the quarter ended 31 December 2021 increased …
Crypto-finance firm offers $2 million bug bounty to hackers
A decentralized lending platform that lost $80 million to hackers offered them an astonishing multi-million dollar bug bounty in exchange for the stolen funds. Qubit Finance revealed late last week that an attacker had exploited a vulnerability in its QBridge deposit function. In doing so, they managed to get away with a large amount of …
Finance firm secures $30 million loan facility to custom furniture company
FARMINGTON, Connecticut — Horizon Technology Finance Corp., a specialty finance company that provides capital in the form of secured loans to venture-backed companies, has entered into a $30 million venture loan facility with Interior Define Inc., a furniture brand D2C. Horizon funded $12.5 million of an initial drawdown of $20 million, and a private investment …
SAP agrees to buy working capital finance company Taulia
Text size The time of dreams SAP announced an agreement to acquire a majority stake in Taulia, a San Francisco-based provider of working capital management software and services. According to Crunchbase, Taulia has raised nearly $217 million in venture capital from a group that includes JP Morgan, Saudi Aramco, Zouk Capital, Matrix Partners and others. …
Denmark settles with financial firm in tax evasion lawsuit
By Silvia Martelli (January 24, 2022, 4:53 p.m. GMT) – A financial services provider has reached a settlement with the Danish tax authorities to recover the proceeds of an alleged £1.5 billion fraud ( $2 billion) by the English courts. High Court Judge Andrew Baker signed an agreement in a consent order filed on January …
financial company accused of having duped a coaching director | Bhopal News
Bhopal: Bag Sewania Police, acting on a complaint filed Friday by a coaching center manager, registered a case of fraud and breach of trust against executives of a private financial company. The directors of the private firm are accused of duping the manager of the coaching center out of Rs 7 lakh on the pretext …
Financial company employee robbed: The Tribune India
Tribune press service Amritsar: Three unidentified armed persons looted an employee of a financial company identified as Gurbhej Singh from the village of Mianwala in Tarn Taran of Rs 90,000. Along with his friend Rahul Jadav, he works at Bharat Finance having its branch at Dolenangal Road in Baba Bakala Sahib to collect the recovery …