Search Results for: purchase receivables

Dun & Bradstreet Completes The Purchase Of coAction.com Assets To Create An End-To-End Receivables Management Platform
Fintech News

Dun & Bradstreet Completes The Purchase Of coAction.com Assets To Create An End-To-End Receivables Management Platform

Fintech News Desk
by Fintech News Desk0
Acquisition expands Dun & Bradstreet’s portfolio of finance solutions, helping clients automate credit-to-cash processes and drive improved organizational efficiencies Dun & Bradstreet, a leading global provider of business decisioning data and analytics, announced that it purchased the assets of coAction.com LLC, a provider of revenue cycle management software. The acquisition positions Dun......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
Investment Services News

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

PR Newswire
by PR Newswire0
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
Credibly Announces the Acquisition of ProApprove and the Closing of a $350 Million Forward Flow Agreement for the Purchase of Home
Fintech News

Credibly Announces the Acquisition of ProApprove and the Closing of a $350 Million Forward Flow Agreement for the Purchase of Home

Fintech News Desk
by Fintech News Desk0
Credibly, a leading fintech lending platform for small and medium-sized businesses, announces its 2021 acquisition of ProApprove, a specialty finance company offering home improvement financing solutions to homeowners with prime, near-prime, and non-prime credit. ProApprove, now powered by Credibly’s industry-leading data science, technology, and risk management expertise, originates installment contracts......
Cherokee Acquisition's Claims Put Market Platform Helps Vendors Protect Risky Accounts Receivables
Fintech Investment Services News Risk Management

Cherokee Acquisition’s Claims Put Market Platform Helps Vendors Protect Risky Accounts Receivables

Fintech News Desk
by Fintech News Desk0
Cherokee Acquisition’s Claims Put Market is the first platform to match vendors seeking credit protection on risky accounts receivables with investors offering protection. The advantage to a vendor of Claims Put Market is that their requested put option is shown to multiple investors that a vendor might not otherwise find. This......
goeasy Ltd. Announces Purchase of Mogo Inc’s $31.9 million Consumer Loan Portfolio and Forms Lending Partnership
Business Fintech News

goeasy Ltd. Announces Purchase of Mogo Inc’s $31.9 million Consumer Loan Portfolio and Forms Lending Partnership

Fintech News Desk
by Fintech News Desk0
goeasy Ltd. , a leading full-service provider of goods and alternative financial services, announced today a $31.9 million transaction to acquire a consumer loan portfolio from Mogo Inc., which has a gross receivables balance of approximately $31.9 million and approximately 5,700 active customers, consisting of personal installment loans with terms......
N26 Launches New U.S. Brand Campaign featuring Comedian Jimmy O. Yang
Fintech Investment Services Mobile Banking News

German Neobank N26 Gets License To Operate In Brazil

Fintech News Desk
by Fintech News Desk0
N26, a neobank headquartered in Berlin, Germany, received its long-awaited license from the central bank of Brazil to start operations out of São Paulo, which was earlier scheduled to be launched almost two years ago. The license granted is known as Sociedade de Crédito Direto (SCD) which means to “direct......
Artificial Intelligence Banking Finance Fintech Guest Posts

AI Can Save E-commerce Vendors from Cash Flow Squeeze

Fintech Analyst
by Fintech Analyst0
By Rohan Thambrahalli, CEO at DimeTyd and Chief Commercial Officer at Threecolts Unmasking Profits and Fueling Growth with AI E-commerce finance is experiencing steady growth, projected to reach $6.3 trillion in 2024. This indicates a continued shift toward online retail shopping, with consumers making 20.1% of their purchases digitally. As a result, major online marketplaces......
Wells Fargo Expands API Capabilities for its Commercial Banking Business
Banking Finance Fintech News

Wells Fargo Expands API Capabilities for its Commercial Banking Business

Business Wire
by Business Wire0
Broad suite of new API solutions will provide faster and more flexible inventory management, order processing, invoicing, accounts payable, and supply chain management Wells Fargo & Company today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This expansion of Wells Fargo’s API portfolio......
Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
The Private Label Credit Card Market Resiled in 2021 and 2022
Finance Fintech News

The Private Label Credit Card Market Resiled in 2021 and 2022

Business Wire
by Business Wire0
After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022. This growth trend is expected to continue through 2025, with nominal purchase volume and card outstandings projected to increase by 9.8% and 9.7%, respectively, during the period. The report identifies six major......
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