Category : Finance

Finance Fintech News

Evans Expected to Increase Momentum With Expanded Credit Facility from PNC Bank

Fintech News Desk
Additional Resources Arrive as Company Expects an Additional 10% Growth in 2023 Evans Transportation Services Inc. announced it has closed a new credit facility with PNC Bank, N.A. The new larger credit facility will serve as a vehicle for supporting the company’s current growth trajectory, which includes a revenue increase from......
Finance Fintech News

Credit Karma Wants to Help Members File Their Taxes and Get Cash Instantly With TurboTax Refund Advance

Fintech News Desk
Credit Karma teams up with TurboTax to launch refund-focused tax experience to help Americans seamlessly file their taxes and apply to get a Refund Advance loan in as little as 1 minute after IRS acceptance Credit Karma, the consumer technology platform with more than 120 million members in the U.S.,......
Finance Investment Services News

OppFi Closes $150 Million Credit Facility

Fintech News Desk
OppFi Inc., a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P. as lender. Affiliates of Hudson Cove Capital Management LLC are also participating......
Finance News

Kinecta Federal Credit Union Showcases Its Commitment to Kindness and Caring Through Giving and Community Support

Fintech News Desk
Kinecta supports families and the communities it serves through donations, volunteerism, fundraising activities, scholarships and grants As part of its commitment to support the communities it serves, Kinecta Federal Credit Union exemplifies what it means to be invested and focused on providing value beyond its financial products and services. Throughout the year,......
Analytics Finance News

Quantalytix Releases Next Generation of Enterprise Bank Management Software

Fintech News Desk
Data analytics platform now features new data integration module, enhanced loan monitoring module to deliver quality assurance and actionable analytics Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for financial institutions, announced the availability of the second generation of its Enterprise Bank Management software featuring a new Extract,......
Banking Finance News

Upstream Advances in Technology With Financing From the National Bank of Greece

Fintech News Desk
Trust in the leading martech company by the NBG, with 14 million euros loan Upstream, the global mobile marketing technology specialist, has secured a loan agreement of 14 million euros with the National Bank of Greece. The financing, which highlights the bank’s support for the country’s verdant and promising technology ecosystem,......
Finance News

Study: 76% of UAE’s Consumers Expect to Send More Money Internationally in the Coming Year

Fintech News Desk
New Western Union research maps consumer sentiment in the United Arab Emirates about current and future money movement capabilities and needs Citizens and residents of the United Arab Emirates (the UAE) expect to transfer more money internationally in the next 12 months, according to a study commissioned by Western Union.......
Finance News

New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization

Fintech News Desk
At the close of the U.S.-Africa Leaders Summit, U.S. International Development Finance Corporation (DFC) and Mastercard announced a collaboration to increase support to financial institutions, agricultural and technology companies, and other businesses engaged with Mastercard Community Pass, a digital platform designed to address infrastructure challenges that arise in digitizing rural communities,......
Finance News

Lincoln Financial Group Announces Launch of Financial Wellness Marketplace for Employer Customers

Fintech News Desk
Available through Lincoln’s proprietary WellnessPATH solution, the marketplace will connect employees with financial wellness resources, starting with student debt solutions in 2023 Lincoln Financial Group’s Workplace Solutions business announced an expansion of its financial wellness program with the launch of a new marketplace that connects individuals with partner companies that offer......
Finance News

Elizabeth Park Capital Management and Calvert Impact selected to co-manage Mission Driven Bank Fund

Fintech News Desk
Anchor investors Microsoft, Truist tap firms to invest in MDI and CDFI banks Elizabeth Park Capital Management (Elizabeth Park) and Calvert Impact announced they are teaming up on an investment fund to invest in mission-driven U.S. banks. The Mission Driven Bank Fund (the Fund) will be established to support Minority Depository Institutions......
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