Bloomberg Lendify AB’s name may echo that of music streaming behemoth Spotify but the peer-to-peer lender’s real inspiration is vacation-rental giant Airbnb Inc. With lofty role models such as those, the unprofitable Stockholm-based company is planning a third financing round and has sold more bonds as it targets growing its loan book 40-fold over the next five years. Lendify is ...

Bloomberg Kenya’s central bank is communicating a sense of normalcy and continuity to investors amid uncertainty about the country’s protracted elections, Governor Patrick Njoroge said. Institutions including the nation’s courts show Kenya is a ‘mature’ democracy, Njoroge said. While liquidity in the country’s money markets is tight at the moment, it has “nothing to do with the political circumstances,” he ...

Bloomberg By relinquishing control of its C Series jets to longtime rival Airbus SE, Bombardier Inc. is scaling back its ambitions to build jetliners for the world’s airlines. The deal marks a step away from what had been touted as the crown jewel of Canada’s biggest aerospace company before it was tarnished by cost-overruns and trade disputes. With the future ...