TechCabal Daily – Get a loan with carrot

Boluwatife Aiki-Raji, CEO and co-founder of Carrot/Image Source: Aiki-Raji I bet you didn’t know your investment assets could do more than sit pretty on your dashboard—they can spot you a loan. Nigerian fintech Carrot Credit is a digital lending platform that lets retail investors (that’s you, me, and every nonprofessional investor who buys and sells…

Covid loan fraud director handed 11-year ban

The director of a plumbing and heating company has been banned for 11 years after fraudulently exaggerating his firm’s turnover to secure a Covid bounce back loan. Carl Barnes, director of Central Plumbing & Heating Lincoln, exploited the scheme to claim a loan for £47,500, the Insolvency Service said yesterday (20 May). An investigation by…

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