Month : September 2021

Fintech News

Mbanq CUSO Pioneers Credit Union-as-a-Service

Fintech News Desk
Credit Union-as-a-Service (CUaaS) is launched by Mbanq CUSO to provide all-inclusive technology, operations and compliance solutions for Credit Unions Mbanq CUSO innovates CUaaS, a new end-to-end business model, to launch and operate the Credit Union of the future as a comprehensive service. CUaaS differentiates itself by providing a deep, coordinated......
TransPerfect Announces New $500 Million Credit Facility
Banking News

TransPerfect Announces New $500 Million Credit Facility

Fintech News Desk
New Credit Facility Reduces Annual Interest Expense, Adds Flexibility, Increases Capacity and Extends Maturity TransPerfect, the world’s largest provider of language and technology solutions for global business, announced that it has refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving......
Pasadena Private Finance Closes $30 Million Structured Lending Facility with East West Bank
Banking Business Lending News

Pasadena Private Finance Closes $30 Million Structured Lending Facility with East West Bank

Fintech News Desk
Pasadena Private Finance, LLC (“PPF”) is pleased to announce that it has closed on a $30,000,000 senior credit facility with East West Bank, the largest publicly traded bank headquartered in Southern California, with an expertise in lending to specialty finance companies. The Credit Facility has a maturity of three years,......
Zilch Brings Buy Now Pay Later to the US with Acquisition of Nepfin
Fintech News

Zilch Brings Buy Now Pay Later to the US with Acquisition of Nepfin

Fintech News Desk
The London-based fintech scale-up Zilch has announced its acquisition of the San Francisco-based tech-enabled direct lender NepFin. With this acquisition, Zilch is poised to fast-track the launch of BNPL operations in the United States In preparation for a large-scale expansion into the US market, the large London BNPL (Buy Now Pay Later) player Zilch has......
Northern Trust Strengthens Chicago Commercial Banking Team
Banking News

Northern Trust Strengthens Chicago Commercial Banking Team

Fintech News Desk
Adam Kerbis Joins as Banking Relationship Advisor Northern Trust announced that Adam Kerbis has joined the firm as a Senior Vice President and Banking Relationship Advisor on the Commercial Banking team based in Chicago. He will be responsible for growing the family-owned beverage client base by customizing loan, deposit and treasury......
Zafin Applauds US Financial Regulators For Detailing Fintech Partnership Recommendations
Banking Fintech News

Zafin Applauds US Financial Regulators For Detailing Fintech Partnership Recommendations

Fintech News Desk
Guide Identifies Six Key Pillars of Due Diligence for Evaluating Potential Fintech Partners Zafin, the world’s leading SaaS product and pricing platform for the next generation of banking, issued a statement of commendation for the US Federal Reserve System, the US Federal Deposit Insurance Corp., and the US Office of......
Leading Canadian e-commerce Platform ShopperPlus Raises CAD $20 million in series-A Funding
E-commerce Fintech Funding News

Leading Canadian E-commerce Platform ShopperPlus Raises CAD $20 million in series-A Funding

Fintech News Desk
Leading Canadian e-commerce platform ShopperPlus has successfully raised $20 million CAD series-A funding led by Celtic House Asia Partners, with participation from Canada Business Growth Fund, Celtic House Venture Partners and the National Bank of Canada. Individual investors included e-commerce shopping app Wish co-founder Danny Zhang and Sequoia China managing......
Payments Hub Market and Current Vendor Solutions Overview
Digital Payments News

Payments Hub Market and Current Vendor Solutions Overview

Fintech News Desk
A new Mercator Advisory Group research report reviews developments in the payments hub space as technology advances, new payments methods begin to proliferate, and cloud delivery methods expand The original payments hub architectures are roughly 15-20 years old and not necessarily relevant in the new age of technology. The latest......
Ziegler Closes $154,620,000 Financing For Terwilliger Plaza, Inc.
Finance Investments News

Ziegler Closes $154,620,000 Financing For Terwilliger Plaza, Inc.

Fintech News Desk
Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series 2021B and 2021C Bonds issued through the Hospital Facilities Authority of Multnomah County, Oregon Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series......
XML Financial Group Completes Merger with Collins Investment Group
Investments News

XML Financial Group Completes Merger with Collins Investment Group

Fintech News Desk
Rockville-based advisory firm expands wealth management team, footprint in D.C. metro area XML Financial Group (XML), an independent wealth and investment management firm with offices in Maryland, Virginia and Colorado, is pleased to announce it has completed its merger with Collins Investment Group (CIG), a wealth management practice in Bethesda, Maryland.......
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