Month : December 2023

FHLBank Pittsburgh Awards $24.6 Million in Affordable Housing Program Grants and $8 Million in Voluntary Housing Grant Initiative Funding
Finance Fintech News

FHLBank Pittsburgh Announced Awards to Two Initiatives

Business Wire
by Business Wire0
The Board of Directors of FHLBank Pittsburgh (FHLBank) has approved $24.6 million in awarded grants under the Affordable Housing Program (AHP) and $8 million in awarded grants through a voluntary housing grant initiative. This additional voluntary pool of funding for 2023, which is separate and distinct from FHLBank’s required, statutory......
FinWise Bank Partners with Stride Funding to Introduce Innovative Employer Sponsored Loan Program for Students
Fintech News

FinWise Bank Partners with Stride Funding

Fintech News Desk
by Fintech News Desk0
FinWise and Stride launch the collaborative Employer Sponsored Loan program which will improve education financing by allowing students to secure loans sponsored by their future employers, so that their education is linked directly to their career progression and helping reduce their debt burden after graduation.  FinWise Bank, a subsidiary of......
REPAY Partners with Green Dot to Expand Cash Bill Pay Innovations for Consumers and Businesses
Fintech News

Green Dot Corporation Partners with Repay

Business Wire
by Business Wire0
Green Dot Corporation today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries. Powered by the......
FutureMoney Group Launches $5M DePIN Accelerator Program in Partnership with IoTeX Foundation
Blockchain Fintech News

FutureMoney Group Launches $5M DePIN Accelerator Program in Partnership with IoTeX Foundation

PR Newswire
by PR Newswire0
As the first in what will be an ongoing series in 2024, this accelerator program is focused on startup innovations seeking to unlock the $2.2 trillion DePIN, AI, and real-world value in Web3. FutureMoney Group, a Web3 investment firm, launches a $5M Decentralized Physical Infrastructure Network (DePIN) accelerator program in partnership with IoTeX Foundation, the organization......
RAI Institute Partners with Armilla AI to Scale Adoption of its Responsible AI Assessments with Company's Performance Guarantee for AI Products
Artificial Intelligence News

RAI Institute Partners with Armilla AI

Fintech News Desk
by Fintech News Desk0
RAI Institute and Armilla AI partner because of which RAI Institute’s enterprise members will have the ability to install procured AI solutions with confidence, knowing that they have passed an assessment that aligns with the NIST AI Risk Management Framework and that they are insured against performance outside vendor-advertised performance......
Neurophos Raises $7.2 Million Round to Create Super-fast, Energy-Efficient Metamaterial-Based Optical AI Chips for Data Centers
Artificial Intelligence Fintech Investments News

Neurophos Raises $7.2 Million

PR Newswire
by PR Newswire0
Neurophos has raised a $7.2M USD seed round to productize a breakthrough in metamaterials and optical AI inference chips. Neurophos has joined the Silicon Catalyst incubator program to accelerate product development. Neurophos, a spinout from Duke University and Metacept Inc., has raised a $7.2M USD seed round to productize a breakthrough in both metamaterials and optical AI inference......
KBRA Assigns Preliminary Ratings to Blue Bridge Funding LLC 2023-1
Fintech News

KBRA Assigns Preliminary Ratings to Blue Bridge Funding LLC 2023-1

Business Wire
by Business Wire0
KBRA assigns preliminary ratings to four classes of notes issued by Blue Bridge Funding 2023-1 LLC (Blue Bridge 2023-1) an equipment ABS transaction. Blue Bridge 2023-1 represents Blue Bridge Financial, Inc.’s (Blue Bridge or the Company) first ABS transaction. Blue Bridge is an independent finance company providing small and medium-sized......
Capitolis Novations Platform Gains Strong Momentum within FX Options Market
Finance Fintech News

Capitolis Novations Platform Gains Strong Momentum within FX Options Market

Business Wire
by Business Wire0
Meaningful PB’s, EB’s, and Clients have recently joined the platform and significant reductions in response times have been achieved Capitolis, the technology company creating safer and more vibrant capital markets, has onboarded most major buy-side and sell-side market participants to its FX novations platform. The company is working to improve......
SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital
Finance Fintech News

SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital

Business Wire
by Business Wire0
SellersFi, a global, cutting-edge financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135MM with the potential to grow up to $300M as SellersFi expands. Citi provides the senior capital while Fasanara provides junior capital in the transaction. Also, Fasanara is......
Bitnomial Becomes First Crypto-Native Exchange to be Granted Full Set of CFTC Derivatives Licenses
Cryptocurrency News

Bitnomial Becomes First Crypto-Native Exchange to be Granted Full Set of CFTC Derivatives Licenses

PR Newswire
by PR Newswire0
This Rare Complete Set of CFTC Licenses Allows Bitnomial to Offer Margined Physically Delivered Digital Asset Futures and Options Bitnomial, a US-regulated digital asset derivatives exchange, was granted a US clearinghouse license to clear margined digital asset futures and options trades, making it the first and only crypto-native exchange with......
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