Category : debt collection

DigitalBridge to Acquire Telenet’s Mobile Telecommunications Tower Business
debt collection Investment Services News

DigitalBridge Credit Announces $220 Million Debt Investment to Support Everstream

Fintech News Desk
by Fintech News Desk0
DigitalBridge Group, Inc. announced that, its Digital Credit division, in partnership with CPPIB Credit Investments III Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board, it has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions, LLC.......
Early Stage Fintech Company BenElevate Announces New CEO
debt collection Fintech News

Early Stage Fintech Company BenElevate Announces New CEO

Fintech News Desk
by Fintech News Desk0
BenElevate, an early stage fintech company working to address the student loan debt crisis, has announced the appointment of David Johnson as CEO. David joins the company with a deep background in creating value across industries as an interim executive BenElevate, an early stage fintech company working to address the......
TaxAudit Warns Taxpayers About Lingering IRS Collection Issues
debt collection Finance News

TaxAudit Warns Taxpayers About Lingering IRS Collection Issues

Fintech News Desk
by Fintech News Desk0
On February 9, 2022, the IRS issued News Release IR-2022-31, announcing the suspension of several letters and notices usually sent to taxpayers who owe federal taxes or have not filed a prior year return. The lingering pandemic and subsequent IRS shutdown, budgetary constraints, and lack of employee workforce have caused......
HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
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HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally

Fintech News Desk
by Fintech News Desk0
Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets. As Overhaul continues to expand within the supply chain space, the company was drawn......
Chipper Raises $5.6 Million to Eliminate Student Loan Debt and Combat the Latinx Funding Gap
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Chipper Raises $5.6 Million to Eliminate Student Loan Debt and Combat the Latinx Funding Gap

Fintech News Desk
by Fintech News Desk0
The Student Loan App’s Seed Round Commits to the Cap Table Coalition Pledge and Allocates 25% to Underrepresented Investors Chipper, the app working to empower student loan borrowers to chip away at their debt faster, announced it has received a $5.6 million seed investment. The round was led by Freestyle......
Consumer Genius Launches jugglingdebt.ca to Aid Canadians in Lowering and Consolidating Their Debts
debt collection Fintech News

Consumer Genius Launches jugglingdebt.ca to Aid Canadians in Lowering and Consolidating Their Debts

Fintech News Desk
by Fintech News Desk0
Consumer Genius Inc. Canada’s Fastest Growing Fintech Company has announced the launch of a platform strictly focused on helping Canadian consumers manage their debt loads, www.jugglingdebt.ca. A recent study shows the average Canadian household debt remains near record high levels with the average Canadian owing close to $1.78 for every dollar earned. To put......
Rescue One Financial’s Expertise Solves Personal Debt Problems and Ends The Unfair Financial Stigma
debt collection News

Rescue One Financial’s Expertise Solves Personal Debt Problems and Ends The Unfair Financial Stigma

Fintech News Desk
by Fintech News Desk0
Debt can be stressful for anyone, and in particular, the millions of Americans struggling to meet their monthly repayments, but one financial service company is helping people solve their problems with an empathetic and proven debt relief program that builds financial literacy. “A lot of people feel shame for the......
CFPB Announces Steps to Prevent the Weaponization of Credit Reporting SystemCFPB Announces Steps to Prevent the Weaponization of Credit Reporting System
Consumer protection laws Credit Bureaus debt collection Featured

CFPB Announces Steps to Prevent the Weaponization of Credit Reporting System

Sudipto Ghosh
by Sudipto Ghosh0
To prevent the weaponization of existing credit rating systems by debt collectors and insurance agents, the CFPB has taken stringent steps. CFPB has released a report on how various agents are misusing credit rating systems to coerce people. Amid COVID-19, there is a total outstanding of around $88 billion USD......
TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans
debt collection Digital Payments News

TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans

Fintech News Desk
by Fintech News Desk0
New solution suite will help people using BNPL loans get credit for their payments today and establish credit long-term Up to 100 million U.S. adults* have used buy now pay later (BNPL) loans at least once in the past 12 months, but financial institutions currently do not have access to......
Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem
debt collection Fintech News

Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem

Fintech News Desk
by Fintech News Desk0
Financing Will Underpin Development of FinTech Ecosystem of Products and Services Bitcoin Well Inc., a technology company building and utilizing products that offer safe and easy ways to buy, sell and use Bitcoin, is pleased to announce a CDN$5.0 million secured convertible debenture at a conversion price of $0.30. The......
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