Monday, November 27, 2023

PhonePe is set to launch consumer lending by January 2024

To begin with, the Walmart-backed company will work as a distributor for personal loans as it slowly builds up credit underwriting heft, they added. It is in the final stages of integrations with five lenders, a mix of banks and nonbanking finance companies.

from Tech-Economic Times https://ift.tt/7e4wzPi

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...