#FinTechHotPot is back! Today I'd like to introduce you to Geoffrey Prentice, co-founder of Skype and #FinTech unicorn Oriente. We talked about Geoffrey's…
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Major layoffs at prominent digital lending firm Oriente
The Covid-19 pandemic has hit the online lending industry hard. While more people and businesses are seeking loans to make up for lost income, online lenders are seeing defaults spike and slowing down the issuing of new loans. As a result, these lenders are making drastic moves to survive.
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Skype co-founder’s Oriente secures US$20 million in debt funding facility
ONLINE lending startup Oriente announced late on Wednesday that it has secured a US$20 million debt funding facility from multi-asset investment firm Silverhorn Group.
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