Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $ 50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. […]
Inter Milan Held By Lazio At Title Party As Debt Deadline Looms, Sassuolo Down
Inter Milan were held to a 1-1 draw by Lazio at Sunday’s Serie A title party at the San Siro as the champions get set to lift the trophy with a major debt deadline leaving their future uncertain. Denzel Dumfries secured a meaningless point for Inter with three minutes remaining by levelling Daichi Kamada’s 32nd-minute […]
Two Chairs raises $72M Series C in equity and debt to scale its therapist network
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm — to find the best possible therapists for its clients, but treatments took place primarily inside one of the startup’s half a dozen stylishly designed […]
After reaching profitability, carpooling platform BlaBlaCar secures $108 million debt line
BlaBlaCar is an iconic name in the French startup ecosystem. The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup anymore. Still, BlaBlaCar is an extremely interesting company today due to its unique trajectory. What started as a scrappy online hitchhiking community became a startup […]
South Korean Man Found Dead, Buried In Debt After Sending Millions To Female Streamers Every Day
In a tragic turn of events in South Korea, a man in his 30s (identified only as Mr. A) was found deceased in his car, having accumulated a staggering debt of ₩150 million KRW (about $ 112,000 USD). Mr. A had been spending up to ₩50.0 million KRW (about $ 37,200 USD) daily on donations […]