Category : Lending

Pagaya Launches A Revolving Asset-Backed Funding Structure Backed by Personal Loans with Investment from 26North
Finance Lending News

Pagaya Launches A Revolving Asset-Backed Funding Structure Backed by Personal Loans with Investment from 26North

Business Wire
by Business Wire0
Pagaya expands its Personal Loan PAID ABS platform through an innovative, hybrid Public/Private revolving ABS structure Inaugural $350 million PAID 2025-REV1 transaction provides Pagaya with an additional form of long-term funding capacity over a two-year revolving period tailored to insurance capital and asset managers Transaction establishes up to $700 million......
Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager
Banking Lending News

Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager

Business Wire
by Business Wire0
Mr. Herzog Brings Experience In A Range of Financing Solutions For Middle-Market Companies Eastern Bank is pleased to welcome Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including Commercial......
Central Pacific Bank Expands SMB Lending Capabilities with Biz2X, Boosting Automation, Decisioning Speed, and End-to-End Efficiency
Banking Lending News

Central Pacific Bank Expands SMB Lending Capabilities with Biz2X, Boosting Automation, Decisioning Speed, and End-to-End Efficiency

Business Wire
by Business Wire0
Biz2X, the leading global SaaS lending platform powering billions in small and mid-size business loan originations, announced that Central Pacific Bank (CPB), will use its platform in the next phase of its digital lending transformation through an expanded partnership. CPB first adopted Biz2X to support its SBA lending program and broadened its use......
Vergent Appoints Mike Rogers as Chief Growth Officer
Digital Payments Lending News

Vergent Appoints Mike Rogers as Chief Growth Officer

Business Wire
by Business Wire0
Vergent, a complete, end-to-end lending platform, has announced the appointment of Mike Rogers as Chief Growth Officer. Rogers brings more than 25 years of senior leadership experience across fintech, payments, and financial technology, with a proven track record of driving revenue growth, scaling go-to-market strategies, and building diversified, sustainable business models. Read More......
Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors
Finance Lending News

Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors

Business Wire
by Business Wire0
The company also announced $8.6 million in seed funding from Motive Ventures, Portage, Apollo, and Hamilton Lane to build AI-powered credit infrastructure that enables financial advisors and their high-net-worth clients to borrow against private equity, venture, and alternative assets without selling. Pluto Financial Technologies, Inc. has launched the first AI-powered......
MeridianLink Announces Integration with Optimal Blue to Enhance Mortgage Pricing and Automation Capabilities
Finance Lending News

MeridianLink Announces Integration with Optimal Blue to Enhance Mortgage Pricing and Automation Capabilities

Business Wire
by Business Wire0
Collaboration Expands MeridianLink Mortgage Capabilities to Deliver Greater Efficiency, Accuracy, and Consumer Value MeridianLink, the leading provider of modern lending and account opening solutions for financial institutions, announced a relationship to integrate with Optimal Blue, the mortgage industry’s end-to-end capital markets platform. The integration will extend and strengthen the capabilities......
Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors
Finance Lending News

Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors

Business Wire
by Business Wire0
The company also announced $8.6 million in seed funding from Motive Ventures, Portage, Apollo, and Hamilton Lane to build AI-powered credit infrastructure that enables financial advisors and their high-net-worth clients to borrow against private equity, venture, and alternative assets without selling. Pluto Financial Technologies, Inc. has launched the first AI-powered......
GHS Federal Credit Union selects Scienaptic AI to Enable Smarter Lending
Finance Lending News

GHS Federal Credit Union selects Scienaptic AI to Enable Smarter Lending

Business Wire
by Business Wire0
Scienaptic AI, a global leader in AI powered credit decisioning, announced that GHS Federal Credit Union, headquartered in Binghamton, New York, has selected its AI-powered credit decisioning platform to strengthen loan approvals, accelerate credit decisioning, and support more inclusive lending experiences for members. Read More on Fintech : Global Fintech Interview with......
Open Banking Is Quietly Becoming Open Finance
Banking Credit Bureaus Digital Payments Digital Wallet Featured Finance Fintech InsurTech Lending

Open Banking Is Quietly Becoming Open Finance

Fintech Staff Writer
by Fintech Staff Writer0
When open banking initially started, it had a very specific and practical function. It was made to fix a specific problem in the financial services industry: keeping consumer data locked in. Banks have regulated access to account information for decades, making it hard for people to switch providers, compare services,......
William Mills Agency Announces New Client Relationship with Business Alliance Financial Services (BAFS)
Fintech Lending News

William Mills Agency Announces New Client Relationship with Business Alliance Financial Services (BAFS)

Business Wire
by Business Wire0
William Mills Agency, the nation’s leading fintech public relations and marketing firm, has been selected by Monroe, La.-based Business Alliance Financial Services (BAFS), a leading provider of commercial lending technology and services, to provide public relations services. Read More on Fintech : Global Fintech Interview with Mike Lynch, Principal, AI Strategy and Finance Transformation......
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