CREDIT MUTUEL ARKEA: Crédit Mutuel Arkéa Group s 2020 Results Release
Annual results
Fully mobilised to support its members and customers during the health crisis, Crédit Mutuel Arkéa confirms its solid fundamentals and the resilience of its original development model
Brest, February 25, 2021 -
The Board of Directors of Crédit Mutuel Arkéa today approved the financial statements for 2020. In an environment deeply marked by the economic and health crisis, Crédit Mutuel Arkéa posted solid results and a strong financial structure. The cooperative and regional banking group was particularly mobilized during this unprecedented year to support its members and customers through concrete and immediate measures, including a considerable strengthening of solidarity measures. Continuing on from a very fine 2019, with revenues at their highest level ever, the group once again posted a remarkable performance in 2020 in this exceptional context. It is continuing its growth trajectory
Pravin Jadhav’s startup Raise Financial raises fund from Mirae, unicorn founders
The company will utilise a large portion of this investment in setting up its teams, technology and infrastructure to launch its first product in this calendar year. Photo: Mint
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Bengaluru: Former Paytm Money chief executive, Pravin Jadhav’s new startup Raise Financial has raised a seed round from Mirae Asset Venture Investments, as well as from a group of prominent unicorn founders and chief executives.
CRED founder Kunal Shah; Flipkart chief executive Kalyan Krishnamoorthy; PhonePe founders Sameer Nigam and Rahul Chari; Udaan founders Amod Malviya and Sujeet Kumar; Freecharge co-founder Sandeep Tandon, Pine Labs chief executive Amrish Rau; Jupiter Money founder Jitendra Gupta, Freshworks’ Gireesh Mathrubootham are some of the prominent names which have participated as a part of this round.
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MOSCOW, Feb. 25, 2021 /PRNewswire/ UnionPay International (UPI) announces the beginning of cooperation with Credit Europe Bank. This step will allow UnionPay to continue the expansion of its acceptance network, which already covers over 95% merchant terminals and ATMs, in the Russian Federation.
This partnership between UPI, one of the world s largest bankcard schemes, and Credit Europe Bank, a new credit organization with more 6,000,000 clients, will start from the acceptance of UnionPay cards. Through this cooperation, customers are now able to use UnionPay cards issued in Russia or abroad at an increasing number of ATMs and merchants.
This will be the first stage of this partnership. In the future, the two will also promote the service and increase the number of benefits available to more and more cardholders of UnionPay cards.
Loan Market reports CSM influx
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The major brokerage has hired 148 new client service managers since October, as it works to bring in 250 new members to the network by September.
Loan Market has revealed that it has had a strong uptake to its recruitment drive for broker support staff, inducting a new client service manager (CSM) within the network every day since October.
The major brokerage and aggregator announced last year that it intends to bring 250 new CSMs to the network by the end of September.
According to the group, it has so far hired 148 CSMs, or 60 per cent of its target, less than halfway before its cut-off date.