Throughout 2012, RMB adoption by the United States was flat, with year-end figures pointing towards a major decline. From November to December 2012, the United States experienced a 38% decrease in RMB payments dropping the United States three positions to #6 in offshore RMB countries. According to S
US peer-to-peer loan marketplace Prosper has raised $20 million in a funding round led by Sequoia Capital and appointed Stephan Vermut, founder of Merlin Securities, as CEO. The financing round, which also included participation from all existing investors, sees Sequoia partner Pat Grady join the Pr
(Reuters) - France plans to implement a tax on financial transactions at the end of 2014 and believes the levy to be rolled out by 11 European countries will raise "tens of billions of euros" a year, its finance minister said. The 27-member European Union gave the go-ahead on Tuesday to 11 countries