Month : December 2021

Sentiero Ventures Makes First Lead Investment; Adds SingleKey to Portfolio With C$425,000 Investment
Investment Services News

Sentiero Ventures Makes First Lead Investment; Adds SingleKey to Portfolio With C$425,000 Investment

Fintech News Desk
by Fintech News Desk0
The Dallas-based venture capital fund has invested in the Toronto-based firm that helps landlords find the right tenant and manage risks that come with renting through a suite of tools, including a first of its kind rental guarantee Sentiero Ventures, a Dallas-based venture capital fund, has led a C$1.5M investment......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
by Fintech News Desk0
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
Steel Partners Holdings Amends and Extends Credit Agreement
Banking News

Steel Partners Holdings Amends and Extends Credit Agreement

Fintech News Desk
by Fintech News Desk0
Steel Partners Holdings L.P., a diversified global holding company, announced it has amended and extended its credit agreement with a syndicate of banks led by PNC Bank, National Association. The new five-year, $600 million, revolving credit facility covers substantially all SPLP entities, with the exception of Steel Partners’ WebBank subsidiary.......
OZ Growth Fund Launches Seeking Accredited Investors for Opportunity Zone Real Estate and Innovative Technology
Fintech Funding Investment Services News

OZ Growth Fund Launches Seeking Accredited Investors for Opportunity Zone Real Estate and Innovative Technology

Fintech News Desk
by Fintech News Desk0
The Fund is raising a Series A Round of $20,000,000 OZ Growth Fund launches seeking accredited investors for Opportunity Zone Real Estate and Innovative Technology. The Fund is raising a Series A round of $20,000,000. Executive Summary The OZ Growth Fund supports its portfolio companies in need of capital raising strategic advice and......
Inside Real Estate Secures Additional Financial Partner to Accelerate Growth
Finance News

Inside Real Estate Secures Additional Financial Partner to Accelerate Growth

Fintech News Desk
by Fintech News Desk0
Genstar Capital joins Lovell Minnick Partners, doubling down on growth and innovation, with investment into real estate tech leader, Inside Real Estate Inside Real Estate, one of the fastest-growing independently owned real estate software companies and a trusted technology partner to over 250,000 top agents, teams, and brokerages, announced that......
Team8 and Deloitte Join Forces to Facilitate the Spread of Innovative Technology for Financial Services
Fintech News

Team8 and Deloitte Join Forces to Facilitate the Spread of Innovative Technology for Financial Services

Fintech News Desk
by Fintech News Desk0
The intent is to connect Team8’s fintech startups with Deloitte and its clients to leverage these new technologies, and to help them understand industry pain points, identify new opportunities, validate solutions and accelerate market access Team8 is announcing that it is extending its relationship with Deloitte to facilitate the use......
Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group
Investment Services News

Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group

Fintech News Desk
by Fintech News Desk0
Alpha Cubed Investments (“ACI”), a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group (“EFG”), a respected RIA located in Scottsdale, Arizona Alpha Cubed Investments, a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group, a respected RIA located in Scottsdale, Arizona. EFG serves clients primarily......
Credit Surcharging and Cash Discounting: Do the Benefits Outweigh the Risks?
Fintech News Risk Management

Credit Surcharging and Cash Discounting: Do the Benefits Outweigh the Risks?

Fintech News Desk
by Fintech News Desk0
New report from Mercator Advisory Group examines developing regulations and opportunities for credit surcharging and cash discounting Mercator Advisory Group’s most recent report, Credit Surcharging and Cash Discounting: Approaches to Managing Processing Costs, examines the changing regulatory landscape for surcharging and discounting, and offers recommendations on how to effectively adopt either......
Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution
B2B Fintech News

Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution

Fintech News Desk
by Fintech News Desk0
Fintech company Transigo, a provider of SaaS software that enables cross-border B2B marketplaces to provide point-of-sale financing to its buyers, announced today it had successfully secured a $70 million funding facility from two publicly listed companies in Israel. This facility will allow Transigo to expand its point-of-sale SaaS platform to......
Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments
Finance Fintech News

Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments

Fintech News Desk
by Fintech News Desk0
Seasoned finance leader, Roy Heldshtein, joins as Managing Partner and Chief of Operations; VP Business Dev & Operations at Team8 Fintech, Galia Beer-Gabel, announced as Partner; Co-founder of ClearX, Gal Hochberg, has been appointed as group’s CTO Team8, a global venture group, announced the appointment of former VP of Finance......
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