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1771 results for "debt payment"
A New York debt relief firm launched the first program that helps small business owners reduce merchant cash advance payments before they miss payments and face legal trouble. The Reconciliation Shield uses contract clauses most merchants don't know exist.
A missed payment turned into family harassment inspired two engineers to revolutionize India's debt collection industry. DPDzero now helps 650,000 borrowers monthly recover from missed payments without threatening calls.
A 2019 Oregon law requiring nonprofit hospitals to forgive or reduce medical debt for low-income patients has saved nearly 900 people per county from debt collectors. The policy is now being called a national roadmap as millions face losing health coverage.
Nigeria's fintech regulators are set to make instant digital payments cheaper and easier for merchants in 2026. The move comes as consumers increasingly prefer account-to-account transfers over traditional card payments.
Evan Spiegel and Miranda Kerr just wiped out half a billion dollars in medical debt for over 260,000 California families. Thanks to a nonprofit that buys debt for pennies on the dollar, recipients will open letters this July telling them their medical bills are completely forgiven.
The Dutch government is wiping out an additional €2,000 in student debt for 760,000 young people who studied during an eight-year period without grants. It's the final compensation for what became known as the "hard luck generation."
When Dawn Daly-Mack opened what looked like junk mail, she learned her $459 hospital bill from 2014 had been forgiven. She's one of 2.5 million North Carolinians whose medical debt just vanished under a groundbreaking state agreement.
The UK government just announced the toughest crackdown on late payments in 25 years, protecting small businesses from practices that force over 1,000 closures every month. New laws will cap payment times at 60 days and fine repeat offenders tens of millions of pounds.
A Nigerian law student who lost his tuition fees to a cross-border payment nightmare turned that frustration into Startbutton Africa, a fintech now helping businesses expand across 15 African markets. From listing his own house on Airbnb to fund merchant payments to building a real solution, Mallick Bolakale's journey shows how personal setbacks can spark continent-wide change.
Nearly 100,000 Connecticut residents just got letters saying their hospital bills are paid off. A nonprofit called Undue Medical Debt eliminated $6.5 million in overdue medical expenses without anyone having to apply.
More than 250,000 Californians will open their mailboxes to discover their medical debt has vanished, thanks to Snapchat CEO Evan Spiegel and supermodel Miranda Kerr. The couple quietly wiped out over $500 million in crushing medical bills so families can focus on healing instead of debt.
Nigeria doubled its digital payments to 11 billion transactions in just two years, building one of the world's most advanced payment systems. Now the Central Bank is tackling the next challenge: bringing 26% of adults still outside the financial system into the digital economy.
A fintech connecting businesses across 20 African countries just processed its 3 billionth mobile money transaction, revealing how digital payments are transforming commerce across the continent. The milestone shows Africa's $1.4 trillion mobile money economy is rapidly evolving beyond person-to-person transfers into a full business payment ecosystem.
Nigeria is settling $2 billion in decade-old electricity debts to finally give its citizens reliable power. The first payments are already flowing to 15 power plants, with more stability expected soon.
Ghana slashed its public debt by a remarkable 40 billion cedis between September and November 2025, dropping to 45.5% of GDP. The West African nation's fiscal turnaround shows real progress after years of economic restructuring.
A Nigerian fintech company is making it cheaper and easier for African businesses to get paid by international customers. Nomba's new payment system slashes transaction fees from 7% to nearly zero.
Onafriq is using stablecoins to send money across 40 African countries in minutes instead of days, cutting costs and delays that have plagued traditional banking for decades. The shift could transform how millions access faster, cheaper payments across the continent.
For the first time in years, Egypt has completely paid off all outstanding debts to oil and gas investment partners, eliminating $6.1 billion in arrears. The move signals a major turning point for the country's energy sector and foreign investor confidence.
A South African fintech is making it easier for businesses to get paid across Africa, raising $2.1 million to expand its solution that turned six payment systems into one. Companies using the platform are seeing checkout conversions jump by 25%.
Kenya's Ministry of Health is clearing millions in unpaid hospital bills left behind by the old insurance system, ensuring healthcare providers can keep serving communities without disruption. The move protects rural and faith-based hospitals that were struggling under massive debts.
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