Humm points finger at Forum Finance in SMBC’s $34M lawsuit

White Collar 2022-10-04 11:40 pm By Cindy Cameronne | Sydney

Fintech Humm has admitted to making “misrepresentations” to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.