Sentences with phrase «backed loan platform»
Following its token generation event, WAX today announced it will use blockchain - backed loan platform SALT to allow token holders to use WAX as collateral for cash loans.
https://www.cryptoninjas.net/ Not exact matches
SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.
Thomas has worked extensively in SBA Lending for more than a decade, and in 2006 was instrumental in building Ridgestone Bank's SBA platform framework for loan originations, credit processing and closing footprint as well as sales generation, back - end operations and portfolio servicing.
Jay's career spans traditional banking to tech startups: He was a commercial loan officer at Old Kent Financial Corporation — back before it became part of Fifth Third — and helped launch TicketTruck, a social commerce platform.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
The real estate segment invests in real estate equity for the acquisition and recapitalization of real estate assets, portfolios, platforms and operating companies, and real estate debt, including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities.»
You are not lending: BondMason enables each client (buyer) to purchase specific Receivables based on cash actually received by the seller relating to direct lending loans, asset - backed loans and receivables purchase agreements made by the seller on other finance platforms.
Our Marketplace platform (Green Market) will feature applications such as live POS market data, consumer insight, embedded international trade regulations, advertisement solutions and GROP token backed loans for reputable vendors.
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The platform offers investment in real estate - backed loans for as little as $ 1,000 in each loan you select.
Coupled with the backing of its parent company, First Republic Bank, and the endorsement of the American Bankers Association through the Corporation for American Banking, Gradifi's ISO 27001 certification further positions the student loan repayment platform as the industry leader in security, scalability and financial stability.
In 2011 Cology expanded its technological capabilities to add student loan servicing to its platform, providing lenders with a complete end - to - end back - office process for originating, processing and, servicing student loans.
Fintech startup launches peer - to - peer lending platform facilitating cryptocurrency - backed loans.
The platform's lenders and the borrower will agree on a mutually beneficial loan agreement, which is then secured by the lawyer - backed smart contracts.
Gold - backed crypto platform Digix and decentralized Ethereum blockchain - based loan platform ETHLend have announced a mutual partnership that will create new use - cases and investment strategies for future DGX token users plus value stability for ETHLend platform users.
A new syndicated loan marketplace backed by a group of major banks is set to be launched on top of R3's Corda distributed ledger platform.
El Segundo - based PeerStreet, a platform for investing in real estate - backed loans, has just landed $ 29.5 million in a Series B funding round led by World Innovation Lab.