Category : Finance

Finance News

Bitfarms Enters $32 Million Equipment Financing Agreement

Fintech News Desk
Adds Another Source of Non-dilutive Capital Bitfarms Ltd., a global Bitcoin self-mining company, entered into a $32 million equipment financing agreement. “This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so that we can invest growth capital into miner......
Finance News

H&R Block Study Shares How Americans Use Their Tax Refunds: Majority Use It to Get Caught Up On Finances

Fintech News Desk
Taxpayers who have their tax refund directly deposited to their Spruce account can receive their federal tax refund up to five days sooner Receiving an annual tax refund is a significant financial event for most Americans. But when it comes to determining what to do when the refund comes, many......
Finance News

Nuvision Credit Union Earns Community Development Certification to Better Serve

Fintech News Desk
The US Treasury Department’s Community Development Financial Institutions Fund recently certified Nuvision Credit Union as a Community Development Financial Institution (CDFI). This designation is available only to organizations that have proven they provide financial services and products in low-income communities and to people who lack access to financing. CDFI certification is granted......
Finance News

Lincoln International Expands Expertise & Offering for Financial Institutions

Fintech News Desk
Industry Experts Join Firm to Bolster Global M&A Advisory Capabilities Lincoln International, a leading global investment banking advisory firm, announced the addition of three senior hires to strengthen and expand the firm’s global capabilities offered to financial institutions. The addition of Managing Directors Jay Bliley in New York and Antoine......
Finance Investment Services News

F&I Sentinel Announces Investment by Calera Capital

Fintech News Desk
F&I Sentinel – the automotive finance industry’s leading compliance solutions provider with respect to the financing of Finance and Insurance products – announced its founders have partnered with Calera Capital, a leading middle-market private equity firm, in a majority recapitalization of the business.  Terms of the transaction were not disclosed.......
Finance Fintech Funding News

TickSmith Appoints Ian Gilbert as Chief Revenue Officer

Fintech News Desk
Leadership Appointment Follows $20M Series A Funding Round TickSmith,​​ a global financial technology leader in helping organizations easily organize, distribute and monetize their data, has appointed Ian Gilbert as Chief Revenue Officer. Drawing on 30 years of global technology sales and marketing experience, Gilbert will help grow TickSmith’s organization to......
Finance News

Advia Credit Union Celebrates Milestone of $75 Million in Cost Savings for Members

Fintech News Desk
Advia Credit Union announced that it has passed a milestone of $75 million in cumulative savings for its members through its popular Half-Off Loan Transfer program, established in 2007 and offered annually since. Advia typically saves members an average of $3,000 over the life of their transferred loan(s) Advia’s Half-Off Loan Transfer......
Finance News

OppFi Board of Directors Appoints Todd Schwartz as Chief Executive Officer

Fintech News Desk
Schwartz to Execute New Strategic Vision for the Company OppFi Inc., a leading financial technology platform that helps everyday consumers gain access to credit, announced that the Company’s Board of Directors has appointed Todd Schwartz as Chief Executive Officer and that Neville Crawley has stepped down from his positions as Chief......
Finance News

Bethpage Federal Credit Union to Go Live With Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
Initial tests show potential for 70-90% increase in automated decision-making and double-digit increases in credit approvals for card and auto portfolios Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Bethpage Federal Credit Union is planning to implement its AI-powered credit decisioning platform. This deployment will enable the credit union to make......
Finance News

NAIFA Announces RISE, a New Program for Managers of Financial Services Firms

Fintech News Desk
The RISE program is designed to support firm and agency managers in creating a high-performance culture that attracts and retains top talent The National Association of Insurance and Financial Advisors (NAIFA) announced the availability of a new virtual program from its Business Performance Center called RISE. The RISE program was developed......
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