Category : Finance

Banking Finance News

Centerspace Improves And Extends Credit Line; Repays Bank Loans

Fintech News Desk
by Fintech News Desk0
Centerspace announced that it has amended and extended its existing $250 million revolving credit facility. The new facility includes an accordion feature for up to $400 million and matures in September 2025 with two optional six-month extensions. In addition to the new line of credit, the existing bank term loans totaling $145 million were repaid in full......
Blockchain Cryptocurrency Finance News

Binance Bolsters its Security Efforts, Appoints Former IRS Criminal Investigation Special Agents

Fintech News Desk
by Fintech News Desk0
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced the appointment of Tigran Gambaryan and Matthew Price, both former Special Agents of the Internal Revenue Service—Criminal Investigation (IRS-CI) Cyber Crimes Unit in Washington, D.C. Tigran joins Binance as VP of Global Intelligence and Investigations after a decade at the IRS-CI.......
Finance Fintech News

Persistent Announces Its Own Business Unit For Payments And Expands Its Cloud Capabilities Through Strategic Acquisitions

Fintech News Desk
by Fintech News Desk0
– Acquired Software Corporation International, its subsidiary Fusion360, and the business of Shree Partners Persistent Systems announced that it has entered into an agreement to acquire Software Corporation International (SCI), headquartered in Charlotte, North Carolina , and its subsidiary Fusion360, and the business of Shree Partners, based in East Brunswick, New Jersey ,......
Finance Fintech News

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
– USD 2 billion sustainability-linked revolving credit facility signed – Transaction underlines the confidence in Ericsson’s financial and sustainable performance Ericsson has signed a USD 2 billion sustainability-linked revolving credit facility, renewing an undrawn USD 2 billion credit facility signed in 2013. The successful transaction underlines the confidence in Ericsson’s financial and sustainable performance......
Finance Fintech InsurTech News

Buckle Closes $60 Million in Funding to Expand Full-Stack Insurance Platform Across US

Fintech News Desk
by Fintech News Desk0
Funds increase scale of the financial services innovator offering financial security for the rising middle class and gig economy Buckle Corp, an inclusive tech-enabled financial services company, has filed its Regulation D and disclosed it raised $60 million through a Series B funding round led by Volery Capital Partners with participation from Eldridge, Assurant......
Finance Investments News

Chris Shepler Joins FTC as VP & Investment Officer

Fintech News Desk
by Fintech News Desk0
Fiduciary Trust Company, an independent wealth advisor and investment management firm for high-net-worth individuals and nonprofits, is pleased to announce the hiring of Chris Shepler, CFA, as a Vice President & Investment Officer. “We are very pleased to have Chris join our team at Fiduciary Trust” Shepler brings over 25 years......
Finance News

Andela Announces $200 Million Investment Led by SoftBank

Fintech News Desk
by Fintech News Desk0
The Series E financing values the global engineering network at $1.5 billion Andela, the global network for remote engineering talent, announced $200 million in Series E financing that values the company at $1.5 billion. The round was led by Softbank Vision Fund 2 with participation from new investor Whale Rock and existing......
Finance Investments News

Citi Launches Integrated ESG & Multi-Currency Notional Pooling Capabilities in Luxembourg

Fintech News Desk
by Fintech News Desk0
Citi has announced the launch of its multi-currency notional pooling (MCNP) capabilities in Luxembourg, with a unique integrated Environmental, Social, and Corporate Governance (ESG) offering attached. The offering will allow clients to harness multi-currency notional pooling, automated ESG investments options and wider liquidity management capabilities, including target balancing, multi-bank target......
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