Category : Lending

Ascend Raises $30m Series A And Secures $250m Lending Commitment To Boost Modern Insurance Payment Offerings
Finance InsurTech Lending News

Ascend Raises $30m Series A And Secures $250M Lending Commitment To Boost Modern Insurance Payment Offerings

Fintech News Desk
by Fintech News Desk0
Ascend, the first modern insurance payments platform, announced that they have raised a $30M Series A in equity funding, bringing the total funding raised to $39M along with a $250M lending commitment to finance insurance premium loans through its platform facilitated by Hudson Structured Capital Management Ltd. – doing its re/insurance business as HSCM Bermuda......
Oxford Finance’s Leveraged Lending Group Closes More Than $1.4 BN of Capital Commitments in 2021
Finance Lending News

Oxford Finance’s Leveraged Lending Group Closes More Than $1.4 BN of Capital Commitments in 2021

Fintech News Desk
by Fintech News Desk0
$1.4BN+ in New Capital Commitments 20 New Platform Transactions 7 Upsizes with Existing Borrowers Oxford Finance LLC (“Oxford”) is a leading provider of capital for growth and development to life sciences and healthcare services companies worldwide. Latest Fintech Insights: Savvymoney Announces $45 Million Growth Investment Led By Spectrum Equity We are......
Stratton Equities Chooses Lendsmart To Expedite Its Underwriting Process
Digital Lending News

Stratton Equities Chooses Lendsmart To Expedite Its Underwriting Process

Fintech News Desk
by Fintech News Desk0
-Lendsmart, an AI-driven digital lending platform, announced its partnership with Stratton Equities, the leading Nationwide Direct Hard Money and NON-QM Lender that specializes in fast and flexible lending processes for borrowers with real estate investment properties. Latest Fintech Insights: Savvymoney Announces $45 Million Growth Investment Led By Spectrum Equity “With Lendsmart,......
Guaranteed Rate Announces Partnership With Richard Childress Racing and Nascar Driver Tyler Reddick
Lending Mortgage News

Guaranteed Rate Announces Partnership With Richard Childress Racing and Nascar Driver Tyler Reddick

Fintech News Desk
by Fintech News Desk0
Premier mortgage lender to sponsor Reddick’s No. 8 Next Gen Car Guaranteed Rate, a leader in mortgage lending and digital financial services, and Richard Childress Racing (RCR) have announced a partnership with Tyler Reddick and his No. 8 Chevrolet for multiple races during the 2022 NASCAR Cup Series. Latest Fintech Insights: BlockFi Selects......
loanDepot Names Elijah Pallante as Chief Data Officer
Lending News

loanDepot Names Elijah Pallante as Chief Data Officer

Fintech News Desk
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
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