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TPHCM đủ điều kiện cho trung tâm tài chính quốc tế | Ngân hàng - Chứng khoán

TPHCM đủ điều kiện cho trung tâm tài chính quốc tế | Ngân hàng - Chứng khoán
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Acorns' new fintech target is debt management with acquisition of Pillar – TechCrunch

Acorns’ new fintech target is debt management with acquisition of Pillar
Popular saving and investing app Acorns has acquired Pillar, an AI-powered startup built to help manage student loan debt, in its second acquisition of 2021.
New York-based Pillar helps consumers optimize their debt payments by focusing first on student loans. It launched in May 2019 with $5.5 million in seed funding led by Kleiner Perkins. The companies declined to reveal the financial terms of the deal, only noting that within six months of launching, Pillar managed over $500 million worth of student loan debt of more than 15,000 borrowers.
Michael Bloch dropped out of Stanford Business School and co-founded Pillar after he and his wife had amassed more than $500,000 of student loan debt after she graduated from law school. Prior to that, he had led the New York and California regions for DoorDash, growing them to $100 million in revenue. The problem Pillar has aimed to tackle is massive. St ....

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Holness: Jamaicans should embrace digital technology, commerce

Prime Minister Andrew Holness (third left), cuts the ribbon to reopen the renovated banking hall of Scotiabank in downtown Kingston on December 10. Sharing the moment (from left) are: Jeffrey Hall, chairman, Scotia Group Jamaica; David Noel, president and chief executive officer, Scotia Group Jamaica; Audrey Tugwell Henry, executive vice president, retail banking, Scotiabank; and Julian Robinson, Opposition spokesman on finance, planning and the public service.
Prime Minister Andrew Holness has emphasised that Jamaicans should embrace digital technology and commerce, and that there is commitment to financial inclusion for all Jamaicans.
“All banks and the Government have committed to financial inclusion, meaning that all Jamaicans must be able to access and participate in the formal banking system. They must be able to access banking services and banking products, but, on the other hand, there is the efficiency as to how these products and services are delivered,” he s ....

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