Sentence examples for rapid finance from inspiring English sources

Exact(9)

*This sentence has been revised to clarify the relationship between China Rapid Finance and Tencent.

A new study from the Bank for International Settlements (the central bankers' central bank, as it is dubbed) shows exactly why rapid finance sector growth is bad for the rest of the economy.The study, by Stephen Cecchetti and Enisse Kharroubi, is a follow-up to a 2012 paper which outlined the negative link between the finance sector and growth, after a certain point.

China Rapid Finance, which claims to be the country's largest online consumer lending marketplace, has closed a $35 million Series C round led by Broadline Capital.

China Rapid Finance is reportedly gearing up for an initial public offering in the U.S. Founded in 2001, the company has already facilitated 2.5 million loans on its platform, which connects borrowers and lenders.

"By teaming up with leading data providers like Tencent, the nation's largest online social network platform, China Rapid Finance applies its unique algorithm to pre-screen the creditworthiness of borrowers based on Big Data analysis.

China Rapid Finance says 500 million consumers are potentially suitable borrowers and it hopes to reach them with a mobile-based platform that automatically scores their creditworthiness based on data from financial institutions, social networks, and anti-fraud information collected from Chinese cities.

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Similar(50)

They would prefer that the IMF chip in $1 billion, with few strings attached, under its Rapid Financing Instrument.

The fund additionally announced that it would consolidate its natural-disaster aid and postconflict aid programs under a new "rapid financing instrument".

They include supplying sufficient money for a "rapid financing facility" for those needing food aid, and establishing a program to get seed and fertilizers to small farmers, especially in Africa.

The Internal Revenue Service considers the policy an M.E.C. if the investor has paid in all the premiums due over the first seven years — a limitation intended to prevent the rapid financing of tax-free benefits.

The new "rapid financing facility" is part of a snowballing international response to the crisis, sparked by sharply rising prices over the past year for basic staples like wheat, corn and soya, which have added more than 100 million people to the ranks of the world's hungry and triggered riots in more than thirty countries.

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