Category : Finance

Finance News

Freedom Financial Network Announces Close of $324Million Securitization of FreedomPlus Personal Loans

Fintech News Desk
Deal is the third Freedom securitization of 2022 to receive AAA ratings from both DBRS and Kroll Freedom Financial Network (FFN), a leading digital personal finance company, announces the closing of a securitization consisting of $323.55 million in rated notes backed by FreedomPlus personal loans. Latest Fintech News: Lucinity Raises $17 Million in a......
Finance News

iLending, National Leader for Refinancing Car Loans, Named #1 for Customer Service by LendingTree

Fintech News Desk
Company credits easy, transparent process, knowledgeable Team Members, and strong network of lenders for accolade. iLending, a national leader in automotive refinancing, has been named LendingTree’s #1 Customer Service provider for the 1st Quarter of 2022 in the automotive category. Besting dozens of competitors in this category, this announcement marks the 3rd time......
Finance News Security

S3 Partners Grows Distribution Network Through Strategic Partnership with LiquidityBook

Fintech News Desk
Partnership extends S3’s offerings to LiquidityBook’s diverse buy- and sell-side client roster S3 Partners, a leading financial data marketplace and workflow platform, announced a new strategic partnership with LiquidityBook, a leading provider of cloud-native trading solutions for the buy and sell sides. The new partnership significantly expands S3’s services and......
Finance News

Simplicity Group Agrees to Acquire LifePro Financial Services and Will Welcome Heather Ulz and Ben Nevejans as Partners

Fintech News Desk
The Simplicity Group (“Simplicity”) announced that it has entered into a definitive agreement to acquire LifePro Financial Services, Inc. (“LifePro”), a San Diego-based financial products distribution business serving independent financial professionals across the country with a range of financial planning and sales and marketing supports. The agreement with LifePro marks......
Finance News

Mastercard SpendingPulse US Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending

Fintech News Desk
According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly for necessities such as food and fuel—were a contributing factor, as......
Finance News

Principal Announces New Sponsorship of PGA and LPGA Athletes

Fintech News Desk
Financial services company to sponsor four professional golfers for remainder of 2022 season Principal Financial Group announced it has struck a deal to become the official financial services sponsor of four PGA and LPGA athletes: Daniel Berger (USA), Tyrrell Hatton (ENG), Jennifer Kupcho (USA), and Celine Boutier (FRA). The Principal® logo......
Finance News

ACTO Secures $18Million Financing to Accelerate Growth and Strengthen Position as #1 Learning Platform in Life Sciences

Fintech News Desk
ACTO, the omnichannel learning and enablement platform for life sciences, announced the closing of a US$18 million equity financing. The investment was led by Questa Capital, a healthcare venture growth equity firm that actively invests in healthcare and life sciences software. With this investment, Questa joins ACTO’s existing investors: Resolve......
Finance InsurTech News

YuLife Raises $120Million Series C Round, Led By Dai-ichi Life, to Accelerate Global Expansion

Fintech News Desk
Tech-driven insurance company YuLife will use its new capital to fundamentally change how people and businesses around the world derive value from financial products YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, announced that it has raised $120M (~£95M) in a Series C......
Finance News

Financial Firms See Climate Risks as a Top Priority but Lack Consensus on How to Effectively Analyze Climate Concerns, According to Bloomberg Survey

Fintech Analyst
85% of firms have started assessing climate risk, however there is still a way to go with embedding climate into risk management frameworks Firms are focused on the financial impacts of climate change, but most are still in the early-stages of effectively modeling and monitoring this risk, according to a......
Finance News

Capco Welcomes Russ Meyer as New Partner Within Its Energy Practice

Fintech News Desk
Capco, a leading management and technology consultancy focused on the financial services and energy industries, has announced the appointment of Russ Meyer as a Partner in the firm’s Dallas office. Russ will be tasked with leading the firm’s Commodity Trading & Risk Management practice and contributing to the expansion of......
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