Category : Lending

loanDepot Names Elijah Pallante as Chief Data Officer
Lending News

loanDepot Names Elijah Pallante as Chief Data Officer

Fintech News Desk
Newly created role will lead the company’s enterprise data and information strategy loanDepot, Inc., the innovative consumer lending and real estate services provider that is using its proprietary mello technology to deliver best-in-class experiences to its customers, announced that Elijah Pallante has been promoted to Chief Data Officer. In this newly......
RRA Capital Reaches Milestone of $1B in Commercial Real Estate Loans
Fintech Lending News

RRA Capital Reaches Milestone of $1B in Commercial Real Estate Loans

Fintech News Desk
RRA Capital, an investment firm specializing in commercial real estate (CRE) bridge loans, announced today that it has surpassed $1 billion in CRE bridge loans originated since inception. Latest Fintech Insights: Soma.finance Closes $6.5 Million Seed Round Led By Animoca Brands RRA, founded in 2008 at the behest of bankers with real estate......
Finance Lending

Blackstone Launches Sustainable Resources Credit Platform

Fintech News Desk
Firm Intends to be a Global Leader in Providing Sustainable Finance Solutions for Companies Driving the Energy Transition Blackstone announced the launch of Blackstone Credit’s Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition. Blackstone Credit is one of the......
Wolters Kluwer Compliance Solutions and Floify Announce Collaboration for eNote Digital Signature Closings
Lending Mortgage News

Wolters Kluwer Compliance Solutions and Floify Announce Collaboration for eNote Digital Signature Closings

Fintech News Desk
Product integration provides Floify customers with Wolters Kluwer eOriginal’s leading digital mortgage promissory eNote technology to expedite mortgage e-closings Wolters Kluwer Compliance Solutions and Floify, a leading point-of-sale solution in the mortgage industry and subsidiary of Porch Group, Inc., are collaborating to leverage the capabilities of Wolters Kluwer’s eOriginal product suite, the trusted......
Penfed Credit Union Announces Record Annual Mortgage and Consumer Lending Volume for 2021
Lending Mortgage News

Penfed Credit Union Announces Record Annual Mortgage and Consumer Lending Volume for 2021

Fintech News Desk
America’s Second-Largest Federal Credit Union Funds a Record $31 Billion in Mortgages and Consumer Loans during 2021 PenFed Credit Union, the nation’s second-largest federal credit union, released financials highlighting another record year in the institution’s 87-year history. In the fourth quarter of 2021, PenFed originated a record $6.3 billion in mortgage......
Scratch Platform Introduces Standardized Market Valuations and Loans for NFTs
Finance Lending News

Scratch Platform Introduces Standardized Market Valuations and Loans for NFTs

Fintech News Desk
The decentralized finance company aims to become the leading valuator of non-fungible tokens (NFTs) by bringing multiple data pools together to give accurate NFT pricing, as well as offer financial services based on investor NFT holdings as collateral. Scratch — the NFT research, assessment, and loan company — is introducing......
Factual Data Announces Credit Integration With Newgen Loan Origination System
Lending News

Factual Data Announces Credit Integration With Newgen Loan Origination System

Fintech News Desk
Factual Data, a leading provider of credit and verification services to the lending industry,announced a credit integration with Newgen Software’s commercial loan origination system (LOS). Newgen has been serving banks and credit unions with its banking solutions, including consumer and commercial lending and online account opening, for the last 20 years.......
Oportun and Sezzle Partnering to Give Consumers More Choice in Financing Purchases
Fintech Lending News

Oportun and Sezzle Partnering to Give Consumers More Choice in Financing Purchases

Fintech News Desk
Buy Now Pay Later leader becomes Oportun’s first digital-only Lending-as-a-Service partner Oportun, a mission-driven fintech company, and Sezzle, a leading mission-driven Buy Now Pay Later (BNPL) solution, announced a partnership that will provide consumers more choice when financing higher value purchases at many of Sezzle’s 44,000 online merchant partners. “This......
Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital
Lending News

Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital

Fintech News Desk
Principal Global Investors, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Principal Alternative Credit closed on......
Sezzle Expands Long-Term Loan Solution With New Partners
Fintech Lending News

Sezzle Expands Long-Term Loan Solution With New Partners

Fintech News Desk
Sezzle adds to its long-term, high order value financing options through partnerships with Genesis Credit and Oportun Financial – In continued expansion beyond its core Pay in 4 product, Sezzle’s long-term financing marketplace furthers Sezzle’s mission of financial empowerment by giving consumers choice through enhanced financing offerings Sezzle, the leading......
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