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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

In 2020, The Bahamas legislation passed two digital-asset-specific pieces of legislation: the Digital Assets and Registered Exchanges Act (the DARE Act) and the Financial and Corporate Service Providers Act (the FCSP Act), which established safeguards for the custody of digital assets. Legislative Initiatives. Attracting Crypto Corporations.

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion in 2020 as a result of COVID-19 relief programs. Between 1994 and 2020, nearly a third of new employer establishments didn’t last more than two years, and the 15-year survival rate was 26%. trillion between 2019 and 2022.

Lending 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion in 2020 as a result of COVID-19 relief programs. Between 1994 and 2020, nearly a third of new employer establishments didn’t last more than two years, and the 15-year survival rate was 26%. trillion between 2019 and 2022.

Lending 243
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Tech Center: EU’s Capital City Grows Tech Reputation

PYMNTS

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The country’s “Digital Belgium” initiative is an ongoing effort to bring Belgium into the digital top three of the European Digital Economy and Society Index by the year 2020. environment.

Capital 100
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H&R Block Acquires SMB Finance Platform Wave

PYMNTS

Consumer tax solutions provider H&R Block is ramping up its position in the small business financial services market with the takeover of Wave. In a deal announced Tuesday (June 11), H&R Block has acquired Wave Financial, a small business FinTech firm offering accounting, payroll, invoicing, payments and bookkeeping services.

Taxes 161
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Freelancer Banking App Lili Nets $15M For Expansion

PYMNTS

The new capital will be used to help Lili boost its ever-growing expansion and add to its product and engineering teams and boost customer adoption, the release says. The release says almost 10,000 people have started using Lili since it launched, but average spending per customer has more than doubled in 2020, the release says.

Capital 170
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Goldman Leads $20M Funding For Trucking Platform Kobo360 

PYMNTS

An additional $10 million was also raised from Nigerian commercial banks, earmarked for working capital. Those new countries will be decided by the first quarter of 2020, Kobo360’s CEO and Co-founder Obi Ozor told the news outlet. The funding will be used for platform improvements and expansion efforts to an additional 10 countries.

Capital 108