Crexi Co-Founder Launches AI Data Company to Help Brokers and Lenders Unlock $3 Trillion in Maturing CRE Debt

Lerer Hippeau bets on founder for a second time, Acorns and Betterment Co-Founders join the round with Sway Ventures and FJ Labs LOS ANGELES, July 21, 2025 (GLOBE NEWSWIRE) —  Today, Capitalize.io, an AI-powered platform turning data into deals by connecting brokers and lenders with high-quality leads, announced its public launch. The company also closed…

Improving protection for people who use credit

Key points ASIC recognises the important role of credit within the financial system. Consumer credit protections have been in place for many years and yet they are not universally enjoyed by people who seek or use credit. ASIC regards consumer credit protection as a priority and will continue to use all the tools in its…

FTC Halts Illegal Debt-Relief Operation that Falsely Impersonated Businesses and the Government, Harming Consumers

At the Federal Trade Commission’s request, a federal court has temporarily halted an alleged debt relief services scheme that targeted seniors, including veterans, using a wide range of deceptive conduct, including falsely impersonating consumers’ banks and credit card companies as well as government agencies. The Commission filed a complaint against seven companies and three individuals…

A lifeline for millions facing financial hardship

The City of Cape Town has approved a substantial R2.2bn debt write-off for qualifying residents in its 2025/26 budget to provide economic relief and improve the metro’s financial sustainability. Despite achieving a high annual collection ratio of 97.83% as of 30 June 2025, the City recognises the need to assist residents facing financial hardship. The…