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South Africa’s NFTfi raises $5M so people can use their NFTs as collateral for loans

TechCrunch

For example, if a user comes to the platform to borrow $10,000, different lenders would propose to the borrower offers with varying interest rates and payments terms, from which the borrower could then select. . On NFTfi’s platform, lenders make evaluations and give borrowers up to 50% of their NFT value as the loan principal.

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Nonprofit Mailers Cautiously Laud Postage Increase Pause

The NonProfit Times

Nonprofit mailers and related organizations are being urged to thank members of Congress who supported the recent cancellation of an anticipated increase in the postage rate. Additionally, leaders asked via the email that 22 House members who helped table the rate increase also support H.R. Plaskett, (D-Virgin Islands); Rep.

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