JAPAN’S SBI HOLDINGS ORDERED TO SUSPEND OPERATIONS BY FSA

Highlights –

• Japan’s SBI Holdings ordered to suspend operations by FSA.
• The unit had solicited funds from investors with false or misleading information.
• The company had collected 20.7 billion yen ($190 million) from investors i...

MAJOR JAPANESE FINANCIAL FIRM, SBI HOLDINGS LOOKING AT CRYPTO JOINT VENTURE

Highlights:

•             SBI Holdings is already in the crypto domain with a subsidiary VC Trade that operates in the crypto lending space

•           ...

Shachindra Nath says 2019 was a challenging year for the financial services industry

Shachindra Nath, founder of U GRO Capital, seems to have reached a sweet spot in 2019, a challenging year for the financial services industry. Not only did his private equity-backed non-banking financial company (NBFC) get Flipkart co-founder Sachin Bansal to invest in October, but also top lende...