business growth - FinTecBuzz

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Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Direct Lending – Consumer

Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

March 11, 20206 min

International online direct lender and Point-of-Sale (POS) financing provider Kreditech today announced it is rebranding its name to Monedo, as it looks to further grow its position in the Indian, Polish, Russian and Spanish near-prime lending markets. While announcing the rebrand, David Chan, the Chief Executive of Monedo, also announced that the company is on target to achieve a positive Adjusted Operating Cash Flow in the fourth quarter of 2020, while delivering revenues of EUR 43 million in...

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XanPool is Decrypting the Future; What Can We Expect From Fintech and Cryptocurrencies in 2020

XanPool is Decrypting the Future; What Can We Expect From Fintech and Cryptocurrencies in 2020

December 27, 20198 min

The age of digitalization has forever changed every sector in the business market. However, the field of financial services has seen an accelerated growth, generating groundbreaking innovations. As a matter of fact, 360 billion electronic transactions occur annually around the world, thus rendering FinTech into a thriving industry. But that is not all, predictions suggest that by 2025, 84% of all financial businesses and corporations would have integrated FinTech systems. However, despite this rapid expansion,...

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by FTB News Desk

Ping An Ranks 7th on Forbes’ ‘Global 2000’ List

Ping An Ranks 7th on Forbes’ ‘Global 2000’ List

May 17, 20197 min

On 15 May 2019, Forbes magazine released its “Global 2000” rankings for listed companies. Benefitting from steady growth in operating income, profit, assets and market capitalization, Ping An has moved up to 7th position in the 2018 rankings, climbing 3 places compared to last year’s list. The Company is the top global insurer. Ping An ranks 6th among global financial companies, and ranks 4th among the listed companies in mainland China. Forbes ranks the top 2000 global listed companies each year. The list is regarded as internationally authoritative...

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