debt

M-KOPA snaps up $250M+ debt, fairness for its asset financing platform

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M-KOPA, the asset financing platform that provides underbanked African clients entry to “productive property” and the power to pay for them through digital micropayments, has secured over $250 million in new funding.  The capital injection consists of $55 million in fairness and over $200 million in debt, big sums in each classes that testify to … Read more

‘Debt ceiling is essentially loopy’: Paul Krugman

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Negotiations over elevating the debt ceiling are persevering with in Washington D.C. A Friday assembly between President Biden and congressional leaders was postponed to provide staffers extra time to hash out a deal. They’re below stress although. A brand new CBO report tasks there’s a “important threat that sooner or later within the first two … Read more