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WHAT IS DEFI? THE BASICS OF DECENTRALIZED FINANCE


Among the coverage of NFTs, Bitcoin, blockchains, and everything else cryptocurrency there is another term that is cropping up more and more: DeFi. What is it, and what does it mean to you? DeFi stands for “decentralized finance,” though it’s also known as “open finance.” It’s a financial system in which middlemen are removed and, like most

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DEUTSCHE ADDS NEW FINANCIAL SPONSORS BOSS FOR AUSTRALIA


Deutsche Bank will be out to win a bigger slice of private equity work in Australia after tapping a London-based banker to head its financial sponsors coverage. Deutsche Bank is moving London-based head of loan syndicate, David Garcia Capel, to Sydney as its new head of financial sponsors for Australia. Read More

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FHF, MORTGAGE BANKS LAUNCH ‘ HELP TO OWN’ HOUSING SCHEME


The Family Homes Funds Limited (FHFL) has launched a home loans assistance programme targeted at Nigerians on low/middle income, offering them a low-cost, deferred equity loan for up to 40 per cent of the cost of their home. The scheme targeted first time home buyers and individuals who can provide a deposit of 10 per

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FINANCIAL MANAGEMENT COMPETENCIES IMPORTANT CONCEPT


This is a time of year when many farms focus on the financial aspects of their businesses. The focus can be wide ranging from getting financial statements back from accountants, to preparing information to file tax returns and to providing information to lenders. For a great number of farms, focusing on financial management is not

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FNCB BANK ANNOUNCES EXPANSION INTO EQUIPMENT FINANCING


FNCB Bancorp, Inc. the parent company of FNCB Bank (“the Bank”), announces that the Bank has recently launched 1st Equipment Finance, a new equipment financing solution offered by the Bank, which is based in its Exeter, Pennsylvania location. 1st Equipment Finance provides equipment financing solutions, including leasing alternatives, for business customers, vendors, manufacturers and municipalities

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TAX FILING IN 2022: HOW TO CHOOSE YOUR FILING STATUS


On the surface, it may seem like the easiest part of your income tax form to fill out, aside from your name and address. At the top of the 1040 tax form, the instructions read: Filing status. Check only one box. Sounds easy, right? But the more you think about it, you may find yourself stumped.

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GREATAMERICA ACQUIRES FRANCHISE FINANCING FIRM IRH CAPITAL


GreatAmerica Financial Services, which works closely with MSPs and channel partners, has acquired IRH Capital LLC, a provider of financing to franchises. Financial terms of the deal were not disclosed. This is technology M&A deal number 106 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021,

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BNP PARIBAS LINKS UP WITH APOLLO FOR INVENTORY FINANCE


BNP Paribas has partnered with asset management firm Apollo and its subsidiary Athene to set up a new inventory finance platform. Eliant Inventory Solutions, which is now live, is built on tech provided by software company GEP Worldwide. Athene, which merged with Apollo this month, serves as Eliant’s primary financing partner, while Apollo will act as

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ECONOMIC OUTLOOK 2022


Global growth should remain robust but uneven, with the rising divergence between advanced and emerging market economies. However, just like in the eponymous movie, whose title we borrowed for this report, current growth dynamics might keep us from looking up during the current phase of the recovery.