Category : Lending

Groundfloor Launches SMB Growth Fund, Offering Another New Opportunity to Invest in Institutional-Grade Private Credit
Finance Lending News

Groundfloor Launches SMB Growth Fund, Offering Another New Opportunity to Invest in Institutional-Grade Private Credit

PR Newswire
by PR Newswire0
Fund gives accredited investors opportunity to participate in small business financing through Homegrown — Groundfloor’s small business partner Groundfloor, the private markets investing and lending platform, announced the launch of its SMB Growth Fund, marking the debut of its new SMB Finance vertical. Through the SMB Growth Fund, accredited investors......
FIS Builds Alliance with Fuse to Give Auto and Equipment Lenders a Faster Path to Modern Origination
Finance Lending News

FIS Builds Alliance with Fuse to Give Auto and Equipment Lenders a Faster Path to Modern Origination

Business Wire
by Business Wire0
Key facts FIS has formed a strategic alliance with Fuse, a cloud-native loan origination platform, to deliver a modern, end-to-end origination solution purpose-built for indirect auto and equipment lenders across the U.S. and Canada. The alliance addresses a critical gap in the market, aimed at supporting lenders whose origination infrastructure......
Mark Roach Joins Pinnacle Bank as Executive Vice President, Senior Lending Officer
Banking Lending News

Mark Roach Joins Pinnacle Bank as Executive Vice President, Senior Lending Officer

Business Wire
by Business Wire0
Pinnacle Bank headquartered in Gilroy, CA announced that Mark Roach has joined the bank as Executive Vice President, Senior Lending Officer. Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted “We are very excited to have Mark Roach join Pinnacle Bank as a Senior......
Experian Brings Personal Loan Shopping to ChatGPT with New AI-Powered Experience
Finance Lending News

Experian Brings Personal Loan Shopping to ChatGPT with New AI-Powered Experience

Business Wire
by Business Wire0
Consumers can explore personal loan options through a trusted, data-driven conversational AI experience built for OpenAI’s ChatGPT Experian® announced the launch of the Experian Loans ChatGPT application, a new capability that allows consumers to explore personal loan options directly within ChatGPT. By combining conversational AI with Experian’s marketplace experience, lender......
Baker Hill Launches One-Click Loan Participation Exchange with Participate to Help Financial Institutions Scale Commercial Lending
Finance Lending News

Baker Hill Launches One-Click Loan Participation Exchange with Participate to Help Financial Institutions Scale Commercial Lending

PR Newswire
by PR Newswire0
New Baker Hill Loan Exchange, powered by Participate, helps lenders accelerate loan distribution, improve liquidity and manage risk more efficiently. Baker Hill, a leading provider of commercial loan origination, risk management and analytics solutions for financial institutions, announced a strategic partnership with Participate to modernize how financial institutions originate, distribute and......
Next-Generation UltraFICO® Score Now Available
Finance Lending News

Next-Generation UltraFICO® Score Now Available

Business Wire
by Business Wire0
FICO and Plaid partnership delivers an enhanced credit score that combines the trusted FICO Score with consumer-permissioned cash flow data FICO , global analytics software leader, announced the general availability of the next-generation UltraFICO® Score, a credit score that combines the proven reliability of the FICO Score, used by 90%......
Oliver James to Lead MainStreet Bank’s Commercial and Government Contract Lending Team
Fintech Lending News

Oliver James to Lead MainStreet Bank’s Commercial and Government Contract Lending Team

GlobeNewswire
by GlobeNewswire0
MainStreet Bancshares, parent company of MainStreet Bank announced the appointment of Oliver James as Senior Vice President, Director of Commercial & Industrial and Government Contract Lending. A 25-year veteran of the D.C. banking community, Mr. James’ is well-suited to lead the Bank’s specialized team. “We are excited to welcome Oliver......
Barings Closes Over $19 Billion for Global Direct Lending Strategy
Finance Lending News

Barings Closes Over $19 Billion for Global Direct Lending Strategy

Business Wire
by Business Wire0
Barings, one of the world’s leading global alternative investment managers, announced the successful close of over $19 billion in committed capital for its Global Direct Lending strategy, garnering interest from a diverse group of institutional, insurance and wealth clients. The two-year fundraising period coincided with strong and sustained deployment activity,......
NORD/LB Deepens Partnership with Finastra, Adds New Solutions to Grow its Lending Business
Finance Lending News

NORD/LB Deepens Partnership with Finastra, Adds New Solutions to Grow its Lending Business

PR Newswire
by PR Newswire0
The bank’s selection of Loan IQ Nexus and Loan Portal will make its corporate and syndicated lending processes faster and simpler while enhancing the customer experience Norddeutsche Landesbank Girozentrale (NORD/LB) is strengthening its digital lending infrastructure, expanding its long-standing partnership with Finastra to future-proof integrations across its ecosystem. Combined with......
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