Month : December 2021

SmartStop Asset Management Completes Successful Liquidity Event for DST Investors, Delivers 143% Total Return
Investment Services News

SmartStop Asset Management Completes Successful Liquidity Event for DST Investors, Delivers 143% Total Return

Fintech News Desk
by Fintech News Desk0
SmartStop Asset Management affiliate Strategic 1031 Properties announced the sale of the Class A student housing property, YOUnion@Reno, located in Reno, Nevada. SmartStop, through its subsidiary that serves as asset manager, facilitated the sale of the property on behalf of Reno Student Housing DST, a Delaware statutory trust that is one of......
Pango Group Launches VantageIQ, a Proprietary, Data Intelligence Software Platform
Finance News

Pango Group Launches VantageIQ, a Proprietary, Data Intelligence Software Platform

Fintech News Desk
by Fintech News Desk0
Pango Group, one of the leading independent settlement services companies in California, recently announced the launch of VantageIQ, its proprietary software platform focused on utilizing data intelligence to support its approach of consistent growth and recurring revenue. VantageIQ is powered by a robust back-end and provides a seamless user experience through......
State Investment Management Agency Grants Funding to Utenos Trikotažas
Finance News

State Investment Management Agency Grants Funding to Utenos Trikotažas

Fintech News Desk
by Fintech News Desk0
SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing agreement worth EUR 2.8 million. The fund will purchase the company’s bonds for EUR 2.3 million and will provide another EUR 500 thousand in the form of a......
Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Business Finance News

Bascom Group Wraps Up the Year, Acquiring a 320-Unit Multifamily Acquisition in Florida

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC  has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill Capital’s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill......
First Northern Bank Announces its Membership in Alloy Labs Alliance
Banking Digital Payments News

First Northern Bank Announces Its Membership in Alloy Labs Alliance

Fintech News Desk
by Fintech News Desk0
First Northern Bank announced its membership in Alloy Labs Alliance, a consortium of innovative community banks working together to drive innovation and change for community banking. First Northern Bank is the only member bank from California. Included in this announcement is the partnership Alloy Labs Alliance has created with Payrailz......
CURO Completes Acquisition of Heights Finance
Business Finance News

CURO Completes Acquisition of Heights Finance

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp., a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, announced that it has completed its previously announced acquisition of Heights Finance, a consumer finance company that provides installment loans and offers customary opt-in insurance and other financial products, from......
KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange
Finance InsurTech News

KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand......
CWR Has New Announcement on Ukrainian Fintech Banking Sector
Fintech News

Conflict and War Report (CWR) Has New Announcement on Ukrainian Fintech Banking Sector

Fintech News Desk
by Fintech News Desk0
The Conflict and War Report (CWR) is pleased to announce its latest report on the Ukrainian banking and financial sectors. The report discusses the growth in the fintech sector and efforts made to combat transparency and compliance issues in the emerging financial markets. Latest Fintech News: Group ONE Closes US$150......
Atento Announces Signing of New Super Senior Revolving Credit Facility
Finance News

Atento Announces Signing of New Super Senior Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
The IDB Invest credit facility to provide $43 million in financing, which may be raised to $50 million Atento S.A., one of the world’s five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, announced that it entered on December 23,......
Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance
InsurTech News

Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance

Fintech News Desk
by Fintech News Desk0
Working together in pursuit of innovating insurance for the better, the insurtech, Assurely, and the Executive Liability Division of Great American Insurance Group announced an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to,......
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