Category : Finance

Finance News Trading

Komgo Acquires GTC to Create the World’s Largest Platform for Digitalisation of Trade Finance

Fintech News Desk
by Fintech News Desk0
GlobalTrade Corporation (GTC) has announced that it has been acquired by Swiss headquartered Komgo. Jointly Komgo and GTC provide trade finance digitalisation solutions to over 120 multinational clients and their 11,000+ subsidiaries, connecting them to their financial institutions and trade service providers on a global basis. “The industry has been......
Digital Payments Finance News

Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions

Fintech News Desk
by Fintech News Desk0
VeriSight can help federal and state agencies confirm the identities of program beneficiaries Conduent Incorporated, a global technology-led business process solutions company, introduced its VeriSight solutions to help federal and state government agencies combat benefits fraud and strengthen public aid programs nationwide. The VeriSight solutions – an expansion of Conduent’s current capabilities......
Finance News

Mandalay Resources Corporation Announces Refinancing of Credit Facility

Fintech News Desk
by Fintech News Desk0
Mandalay Resources Corporation is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million. The initial drawdown under the Revolving Credit Facility will be used to......
Finance News

Triumph Bancorp Rebrands to Triumph Financial

Fintech News Desk
by Fintech News Desk0
Triumph Business Capital, Triumph Insurance Group and Triumph Commercial Finance consolidate to form new brand – Triumph Triumph Bancorp, Inc. announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. Prior to the market open on Dec. 2, 2022, the Company’s......
Finance Investment Services News

EP Wealth Advisors Acquires Warren Financial Services & Associates

Fintech News Desk
by Fintech News Desk0
This is EP’s first acquisition in the Philadelphia area and second on the East Coast this year EP Wealth Advisors, LLC, a leading independent registered investment adviser on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has partnered with......
Finance News

Achieve Announces Close of Innovative, $175 Million HELOC Securitization

Fintech News Desk
by Fintech News Desk0
Inaugural deal receives AAA rating and is backed by home equity lines of credit originated by Achieve Loans Achieve, the leader in digital personal finance, announces the closing of a first-of-its-kind, AAA-rated securitization backed by $175 million in newly-originated home equity lines of credit (HELOCs). The securitization, FREED Mortgage Trust 2022-HE1, consists......
Banking Finance News

LendingClub Acquires $1 Billion Personal Loan Portfolio

Fintech News Desk
by Fintech News Desk0
Seasoned, Quality Portfolio to Support Growth in Recurring Revenue LendingClub Corporation announced an agreement to acquire a $1.05 billion loan portfolio. The portfolio consists of personal loans that were originated through LendingClub’s marketplace and will support its growing revenue stream of recurring net interest income. The personal loans were previously acquired by......
Finance News Recommended

Nature Based Sustainable Finance By 2025 To Deal With Global Crises

Fintech Staff Writer
by Fintech Staff Writer0
This all took place just few days before the UN Biodiversity Conference in Canada, where a landmark agreement adopted was halted and resulted into a reverse nature loss by 2030. Nature-based solutions will provide a limelight to tackle all sorts of challenges in a versatile way. UNEP has been continuously......
Cryptocurrency Finance News

500 Global and Sanabil Investments Announce Batch 4 Of The Sanabil 500 MENA Seed Accelerator Program

Fintech News Desk
by Fintech News Desk0
500 Global, a leading global venture capital firm, and Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth and small buyouts, unveiled today the 15 startups in Batch 4 of the Sanabil 500 MENA Seed Accelerator Program 2022. The program received over 590 applicants......
Finance News Security

Suvrat Joshi Joins Veriff as Senior Vice President of Product

Fintech News Desk
by Fintech News Desk0
Former Dropbox and Yahoo product leader joins Veriff’s executive team to develop the company’s next generation of product offerings Veriff, a global identity verification provider, announced that Suvrat Joshi has joined the company as Senior Vice President of Product. As a part of Veriff’s senior leadership team, Joshi will be responsible......
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