Month : January 2022

Champlain Insurance Group Announces A-, VII Rating from AM Best
Finance InsurTech News

Champlain Insurance Group Announces A-, VII Rating From AM Best

Fintech News Desk
Champlain Insurance Group LLC (“CIG”), a financial services holding company, announced that on December 22, 2021, AM Best assigned a Financial Strength Rating of “A-” (Excellent), VII and a Long-Term Issuer Credit Rating of “a-” (Excellent) to its affiliate, Champlain Specialty Insurance Company, a Vermont domestic excess and surplus lines insurer (“Champlain......
Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo
Investment Services News

Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo

Fintech News Desk
Stellantis N.V. announced that FCA Italy S.p.A., a wholly owned subsidiary, and Stellantis’ other Italian subsidiaries, have repaid the €6.3 billion credit facility to Intesa Sanpaolo. The credit facility, entered into in June 2020, was structured to support the restart and transformation of Italy’s automotive sector after the COVID-19 outbreak......
CasperLabs to Address the Blockchain Scalability Challenge at Blockchain Expo North America
Investment Services News

Prytek Invests Over $100M In ThriveDx To Accelerate Expansion

Fintech News Desk
Prytek Holdings Pte. Ltd. (“Prytek” or the “Group”) has completed a strategic investment in ThriveDx (formerly HackerU), a leader in digital skills training, signaling the closing of a significant round of funding. Prytek, a global technology and investment corporation, has doubled-down on their strategic investment in ThriveDX bringing Prytek’s total investment in......
CE Brands Announces Distribution Agreements to Expand Sales Channels
E-commerce News

CE Brands Announces New Distribution Agreements to Expand Sales Channels in Central and South America and the Caribbean

Fintech News Desk
CE Brands Inc. is pleased to report that eBuyNow eCommerce Ltd., a wholly-owned subsidiary of CE Brands, has entered into strategic distribution agreements with Smile Market Inc., DPC DO Brazil (“DPC”) and LUXAMERICA S.A (“Lux”) (each a “Distributor” and collectively the “Distributors”) to further expand the Company’s global distribution capabilities......
How to Decide Between a Shorter or Longer Tenure on a Loan
Finance News

How to Decide Between a Shorter or Longer Tenure on a Loan

Fintech News Desk
Positive Lending Solutions, experts in the best car loan Australia wide, weigh in on the difference between short and long loan tenures and how to decide which is best. Buying a new or used vehicle and finding the best car loan or equipment finance are laborious tasks that require many big decisions.......
Life Clips Enhances Security Of BelfricsBT Blockchain With Disruptive XOR Transient Intelligent Cipher Process
Blockchain News

Life Clips Enhances Security Of BelfricsBT Blockchain With Disruptive XOR Transient Intelligent Cipher Process

Fintech News Desk
Life Clips, Inc. announced it has signed an agreement with Software Research Labs LLC providing an exclusive license for the XOTIC (XOR Transient Intelligent Cipher) cryptographic system to enhance the security of the Belfrics blockchain. The license gives Belfrics the exclusive right to use XOTIC relating to blockchain applications. XOTIC......
National Loans Helps Borrowers Navigate Caravan Finance
Finance News

National Loans Helps Borrowers Navigate Caravan Finance

Fintech News Desk
Owning a caravan gives Australians the chance to explore the great outdoors in comfort but understanding how caravan finance works can seem daunting. A leading finance broker, National Loans offers a range of asset finance solutions including boat finance, motorbike finance and caravan finance. With years of experience, National Loans is well versed......
Prince International Announces Senior Notes Offering by PMHC II, Inc. to Finance Previously Announced Acquisition of Ferro Corporation
Finance News

Prince International Announces Senior Notes Offering by PMHC II, Inc. to Finance Previously Announced Acquisition of Ferro Corporation

Fintech News Desk
Prince International Corporation (“Prince”), a portfolio company of American Securities LLC, announced that PMHC II, Inc. (the “Issuer”), an affiliate of Prince, intends to offer $1,256 million in aggregate principal amount of Senior Secured Notes due 2029 and Senior Notes due 2030 (together, the “Notes”) in a private offering, subject to......
STOIC Equity Partners Continues Growth with Year-End Acquisition of $6.6 Million Self Storage Asset
Finance News

STOIC Equity Partners Continues Growth With Year-End Acquisition Of $6.6 Million Self Storage Asset

Fintech News Desk
Private Equity Real Estate Company, Stoic Equity Partners, acquired Inland Boat and Storage on December 30th to expand their presence in the market to 107,500 net rentable square feet Stoic Equity Partners added 74,325 net rentable square feet to their Fairhope Self Storage portfolio. Stoic currently owns 33,395 net rentable......
Athenix Body Sculpting Institute Appoints Chris Mijares as Chief Financial Officer to Lead the Company's Rapid Expansion
Finance News

Athenix Body Sculpting Institute Appoints Chris Mijares as Chief Financial Officer to Lead the Company’s Rapid Expansion

Fintech News Desk
Leading aesthetic plastic surgery center expands C-suite as it grows plastic surgery centers Athenix Body Sculpting Institute, a leading aesthetic plastic surgery center on the west coast, announced the hire of Chris Mijares as the company’s Chief Financial Officer (CFO).  In his new role, Mijares will report directly to James M. Haefner,......
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