Month : October 2021

OppFi Expands Bank Credit Facility to Support Growth of SalaryTap
Fintech News

OppFi Expands Bank Credit Facility to Support Growth of SalaryTap

Fintech News Desk
by Fintech News Desk0
OppFi Inc., a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced that it has expanded its existing $25 million bank credit facility to $45 million. OppFi plans to use the expanded facility in part to support the growth and expansion of its......
Nymbus Relocates Corporate Headquarters to Jacksonville
Banking Fintech Mobile Banking News

Nymbus Relocates Corporate Headquarters to Jacksonville

Fintech News Desk
by Fintech News Desk0
New Downtown Office Connects Nymbus with Surrounding Partners NYMBUS, a leading provider of banking technology solutions, announced it will open a new corporate headquarters office located in Jacksonville, Florida. “The relocation of our headquarters from South Florida to Jacksonville represents a new partnership model that takes an excitingly progressive approach......
Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms
Investments Mortgage News

Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms

Fintech News Desk
by Fintech News Desk0
Ocwen Financial Corporation, a leading non-bank mortgage servicer and originator, announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has completed the previously announced transaction with Reverse Mortgage Solutions, Inc. (“RMS”) and its parent, Mortgage Assets Management, LLC (“MAM”), to acquire substantially all of the RMS reverse mortgage servicing platform......
LQwD Announces Launch of Lightning Network Routing Nodes and Deployment of Bitcoin into Payment Channels
Digital Payments Fintech News

LQwD Announces Launch of Lightning Network Routing Nodes and Deployment of Bitcoin into Payment Channels

Fintech News Desk
by Fintech News Desk0
Lightning Network focused company, LQwD FinTech Corp. announces that it has established routing nodes and has deployed Bitcoin into payment channels on the Lightning Network, providing essential liquidity to support the significant growth over the past year of the Lightning Network (LN). This milestone is the first stage in the......
Webtel.mobi Introducing the World’s First Programmable Currency – Makes Majority of Global Transactions PP2P With No Intermediaries
Cryptocurrency Digital News

Webtel.mobi Introducing the World’s First Programmable Currency – Makes Majority of Global Transactions PP2P With No Intermediaries

Fintech News Desk
by Fintech News Desk0
WM’s “Smart TUV” – the world’s first fully functional Programmable Digital Currency – enables intermediaries to be replaced by zero cost direct PP2P transactions between counterparties – for Payrolls, Letters of Credit, Bond Issues, Derivatives Trades, and hundreds of other transaction types  Global Telephony Provider Webtel.mobi (“WM”) is introducing the......
Sure Closes $100 Million Series C Round Led by Declaration Partners and Kinnevik to Expand and Accelerate Embedded Insurance Programs
Fintech InsurTech News

Sure Closes $100 Million Series C Round Led by Declaration Partners and Kinnevik to Expand and Accelerate Embedded Insurance Programs

Fintech News Desk
by Fintech News Desk0
— Farmers Insurance, Chubb, Intuit, Betterment, Carvana, several automotive manufacturers and a leading global credit card network offer insurance programs built on Sure’s infrastructure — Funding to fuel Sure’s international expansion, capitalizing on the $3 trillion embedded insurance market opportunity Sure, a global insurance technology company, announced the closing of......
Ontario Systems Announces Rebrand and Name Change to Finvi
Digital Payments Fintech News

Ontario Systems Announces Rebrand and Name Change to Finvi

Fintech News Desk
by Fintech News Desk0
New brand supports the company’s strategy to deliver intelligent workflow solutions with a fintech mindset Ontario Systems, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and remove friction from the payments process for clients in the accounts receivable management (ARM), healthcare, and government markets announced......
The Onex Group Completes Investment in Wealth Enhancement Group
Finance Investment Services News

The Onex Group Completes Investment in Wealth Enhancement Group

Fintech News Desk
by Fintech News Desk0
Onex Corporation announced that Onex Partners V, Onex’ $7.2 billion fund, and certain co-investors, including Onex, have completed their investment in Wealth Enhancement Group (“WEG”), in partnership with the management team and the company’s existing investor, TA Associates. WEG is a leading U.S. independent wealth management firm offering comprehensive and......
Grayscale Digital Large Cap Fund and Grayscale DeFi Fund Announce Quarterly Rebalancing of Funds
DeFi Digital Asset Management News

Grayscale Digital Large Cap Fund and Grayscale DeFi Fund Announce Quarterly Rebalancing of Funds

Fintech News Desk
by Fintech News Desk0
Smart contract platform Solana and decentralized exchange Uniswap have been added to the Grayscale Digital Large Cap Fund  Grayscale Investments, the world’s largest digital currency asset manager, and manager of both Grayscale Digital Large Cap Fund and Grayscale DeFi Fund, announced the updated Fund Component weightings for each product in......
1