Category : Lending

Biodesix Strengthens Financial Position With Equity Issuance and Amendment To Term Loan
Fintech Lending News

Biodesix Strengthens Financial Position With Equity Issuance and Amendment To Term Loan

Fintech News Desk
by Fintech News Desk0
Approximately $16.3 million in Common Shares Sold Under At-the-market Agreement Used to Offset Prepayment of Debt Second Amendment to $30 Million Term Loan Provides Additional Financial Flexibility for Growth Biodesix, Inc., a leading data-driven diagnostic solutions company with a focus in lung disease, announced the sale of 3,756,994 common shares......
loanDepot brings servicing for Ginnie Mae loans in-house
Fintech Lending News

loanDepot Brings Servicing For Ginnie Mae Loans in-house

Fintech News Desk
by Fintech News Desk0
Move streamlines operations and allows lender to provide best-in-class customer service Continuing the momentum of its growing servicing portfolio, loanDepot, the nation’s second largest nonbank retail lender, is bringing the servicing of FHA, VA and USDA funded Ginnie Mae loans in-house. Latest Fintech Insights: FTFT Subsidiary Launches Cryptocurrency Market Data Platform FTFTX The move......
Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
by Fintech News Desk0
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
Planet Home Lending Team Now Serving Farmers Branch
Lending Mortgage News

Planet Home Lending Team Now Serving Farmers Branch

Fintech News Desk
by Fintech News Desk0
New team to support the city’s population by offering tailor-made home loans Planet Home Lending, LLC has added a new Farmers Branch, Texas, team, its fifth in the state. The team will be run by Branch Manager Leeland Bissett (NMLS #1170311). “Planet Home Lending is a great fit for Farmers Branch because we offer the loans......
SimplyCash Increases Credit Accessibility to Credit-Deserving Indians
Lending News

SimplyCash Increases Credit Accessibility to Credit-Deserving Indians

Fintech News Desk
by Fintech News Desk0
As India continues to evolve and grow as an economy, financial inclusion has become extremely important to the country. This entails providing affordable and accessible financial services to a wider bandwidth of people across the social spectrum. That is exactly what new-age fintech lenders like SimplyCash have managed to accomplish. Leveraging cutting-edge technology, instant personal......
Arcade Closes $15 Million Series A Raise with Investment from Pantera Capital, Castle Island Ventures
Lending News

Arcade Closes $15 Million Series A Raise with Investment from Pantera Capital, Castle Island Ventures

Fintech News Desk
by Fintech News Desk0
NFT lending platform Arcade closes a $15M Series A with the aim of leading the financialization of high-value NFTs Arcade, a DeFi marketplace and lending platform leading the financialization of NFTs, closes a $15M Series A with investment from Pantera Capital, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac......
Wintrust Financial Launches New, Streamlined Securities-Based Lending Solution with Supernova Technology
Digital Lending News

Wintrust Financial Launches New, Streamlined Securities-Based Lending Solution with Supernova Technology

Fintech News Desk
by Fintech News Desk0
Supernova Technology announces a partnership with Wintrust Financial Corporation for their new wealth lending solution, the Wintrust Premier Investment Credit Line. Supernova Technology is a Chicago-based FinTech company that is a leader in the industry with securities-based lending (SBL) technology. “As Wintrust continues to advance a holistic approach to advising......
OpenLeverage Launches Mainnet on Ethereum
Lending News Trading

OpenLeverage Launches Mainnet on Ethereum

Fintech News Desk
by Fintech News Desk0
OpenLeverage, a permissionless lending and margin trading protocol, announced that it would be deploying its mainnet on Ethereum. The permissionless design of the protocol will allow users to launch a leverage trading market for arbitrary trading pairs, integrating with the liquidity provided on decentralized exchanges. OpenLeverage has announced that it......
Alternative Investment and Lending Specialists, ITERAM Capital and Menara Capital, Enter Into a Strategic Partnership
Lending News

ITERAM Capital and Menara Capital, Enter Into a Strategic Partnership

Fintech News Desk
by Fintech News Desk0
ITERAM Capital SA, an independent alternative asset manager, and Menara Capital Ltd, an innovative financial services company, announced that they are entering into a strategic partnership to accelerate the growth and momentum of their lending and financing activities. “This strategic partnership will leverage both companies’ complementary skills in asset management......
Algofi Launches on Algorand, Offering a Lending Market, Stablecoin, and Liquidity Incentives
Cryptocurrency Lending News

Algofi Launches on Algorand, Offering a Lending Market, Stablecoin, and Liquidity Incentives

Fintech News Desk
by Fintech News Desk0
Algofi’s Mainnet launch completes the DeFi ecosystem trifecta (DEX, lending, and bridging) on Algorand First previewed on TestNet earlier this fall, Algofi‘s simple-to-use platform is now live on Algorand, enabling everyone from crypto-native traders to less tech-savvy retail users to earn interest, access leverage, and borrow against their cryptocurrency assets. With......
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