Category : Finance

Finance News

Lument Closes $43.2 Million Fannie Mae Refinance For Multifamily Community In Indiana

Fintech News Desk
Lument has provided a Fannie Mae conventional loan in the amount of $43.2 million to refinance Gardens of Canal Court, a 421-unit garden-style apartment community in Indianapolis, Indiana. Lument’s James Kress and Jim Croft led the transaction. Latest Fintech Insights: BlockFi Selects Bermuda to Expand Global Operations Footprint with New Digital Asset Business License “The successful closing allowed......
Finance Fintech News Technology

Basicblock Raises $78 Million To Reshape Trucking Finance

Fintech News Desk
BasicBlock Inc., a financial technology company that is reshaping financing options for the trucking industry, announced a $78 million debt and equity raise, to fuel expanded services, client support and employment opportunities throughout the U.S. Lead investors and lenders in the round include Autotech Ventures, Clear Haven Capital Management, Emergent Ventures, and Nelnet alongside continued investment from Revolution’s......
Economy Finance News

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022

Fintech News Desk
Big Three U.S. Credit Reporting Agencies Continue to Offer Free Weekly Credit Reports to Consumers Amidst Pandemic and Economic Uncertainty The three nationwide credit reporting agencies – Equifax, Experian and TransUnion – are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the......
Finance News

USF Federal Credit Union Earns Community Development Designation

Fintech News Desk
USF Federal Credit Union (USF FCU) is now certified as a community development financial institution (CDFI). Latest Fintech Insights: Capintel Partners With Canadian Financial Services Leader Equitable Life to Enhance Experience For Financial Advisors and Customers The CDFI Fund provides federal dollars to spur economic growth and opportunities in distressed, low-income......
Finance News

Cerifi, A Portfolio Company Of Leeds Equity Partners, Further Expands Into Tax Continuing Education With Acquisition Of Spidell Publishing

Fintech News Desk
CeriFi, a Leeds Equity Partners portfolio company, announced the acquisition of Spidell Publishing, Inc. (“Spidell” or the “Company”), a leading provider of tax continuing education seminars, webinars and subscription-based tax publications.  Founded in 1974, Spidell helps tax professionals meet continuing education requirements and stay informed on developments in federal and......
Blockchain Finance News

HECO Declares Support For Metaverse, Opens A New Chapter In Development

Fintech News Desk
HECO, decentralized, EVM-compatible public chain, held its first Master Builders Global Tour event in the new year in Bali, Indonesia. HECO announced at the conference that it will focus on the development of the Metaverse and gaming in 2022 while continuing to focus on supporting start-up projects. HECO will fully support......
Finance Mortgage News

PSFCU Members Raise A Record $175,000 For Children In Need

Fintech News Desk
Over $1 Million Raised In the Course of 8 Editions of the Annual Charity Drive Over $175,000 was raised by members of the Polish & Slavic Federal Credit Union (PSFCU) for selected hospices for children in Poland and for helping Polish underprivileged children in the United States, in the course of the eighth edition of......
Finance News

With Balto Academy, Balto Makes It Easier Than Ever to Be a Real-Time Expert

Fintech News Desk
Balto, the #1 Real–Time Guidance Platform for contact centers, has announced a new certification program that teaches its customers how to get the most from Real–Time Guidance: Balto Academy. The eLearning course is offered through a partnership with WorkRamp. Balto Academy answers a simple question: What would happen if all of our users understood Balto as well as our product team?......
Finance Fintech News

GOL Secures Us$600 Million In Financing For Fleet Transformation

Fintech News Desk
GOL Linhas Aéreas Inteligentes S.A. (“GOL” or “Company”), Brazil’s largest domestic airline, has closed a financing of up to US$600 million with Castlelake LP to finance the acquisition of new 737 MAX 8 aircraft. Latest Fintech Insights: Capintel Partners With Canadian Financial Services Leader Equitable Life to Enhance Experience For Financial Advisors and Customers “The......
Finance Fintech News

Calumet Closes $325 Million Notes Offering, Recaps Recent Financing Activity

Fintech News Desk
– $675 million of capital raised since November 2021 – Proceeds of capital raises used to de-lever, fund renewable diesel business and manage debt maturities – Amended and extended revolving credit facility through 2027 Calumet Specialty Products Partners, L.P. (“Calumet”, “Partnership”, “we” or “our”) announced the closing of the offering......
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