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Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities
Banking News

Lument Provides $11.3 Million Bridge Loan For Multifamily Community in Utah

Fintech News Desk
Lument has announced the closing of a $11.3 million proprietary bridge loan to acquire and renovate Cove on Bruce Apartments, a 76-unit garden-style community in Clearfield, Utah, near Salt Lake City. Ted Nasca, managing director, led the transaction for Lument. Latest Fintech Insights: Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation The sponsor......
First Financial to Acquire Summit Funding Group
Banking News

First Financial to Acquire Summit Funding Group

Fintech News Desk
First Financial Bancorp, announced that it has entered into an agreement to acquire Cincinnati-based Summit Funding Group, Inc. (“Summit”), the fourth largest independent equipment financing platform in the United States. Latest Fintech Insights: Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation “We are very excited to join forces......
Arcesium Expands Commitment To Private Capital Markets With Key Leadership Appointment
Capital Markets Fintech News

Arcesium Expands Commitment To Private Capital Markets With Key Leadership Appointment

Fintech News Desk
New Segment Head Cesar Estrada Joins Arcesium from State Street Arcesium, a leading global financial technology and professional services firm, announced that Cesar Estrada has been appointed as the firm’s Private Markets Segment Head. Latest Fintech Insights: Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation In his role, Mr.......
BrightTower Advises Informa on its Acquisition of Leading B2B Content Syndication and Lead Management Platform NetLine Corporation
Fintech News

BrightTower Advises Informa on its Acquisition of Leading B2B Content Syndication and Lead Management Platform NetLine Corporation

Fintech News Desk
Informa PLC , the international B2B markets, knowledge services and business intelligence group, has acquired NetLine Corporation, which brings established capabilities in audience development and B2B digital demand generation. Latest Fintech Insights: Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation BrightTower, a premier investment banking and M&A advisory......
Asset Management Industry Severely Lacking Diversity, New Knight Foundation Study Finds; Signals Untapped Opportunity For Investors
Fintech News

Asset Management Industry Severely Lacking Diversity, New Knight Foundation Study Finds; Signals Untapped Opportunity For Investors

Fintech News Desk
Knight-commissioned research reveals only 1.4% of more than $82 trillion dollars of U.S.-based assets is entrusted to diverse-owned firms The John S. and James L. Knight Foundation released a new study measuring diversity in the U.S.-based financial industry revealing that only 1.4 percent of assets are entrusted by investors to......
Two Marketing Agencies Give $6,500 Raises to All Employees
Fintech News

Two Marketing Agencies Give $6,500 Raises to All Employees

Fintech News Desk
Record Revenues in 2021 Fuel Benefits Increase The last three years have led to impressive growth for advertising agency The PM Group as well as digital and public relations firm Noisy Trumpet, despite the COVID-19 impact on the economy. Both firms have realized double-digit, compounded revenue growth since 2018 and are now taking......
Judge Allows Victims of TelexFree Ponzi Scheme to Pursue Claims Against Big Banking
Banking News

Judge Allows Victims of TelexFree Ponzi Scheme to Pursue Claims Against Big Banking

Fintech News Desk
Victims of the largest pyramid scheme in United States history received justice yesterday when a United States District Court allowed their claims against several of the largest banks in the world and other financial service providers to proceed. Robert Bonsignore, Lead Counsel for the victims, stated “The Court’s ruling allowing the victim’s claims to go......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business
Banking News

Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business

Fintech News Desk
Mercuria’s North American operating entities (“Mercuria” or “the Company”) are pleased to announce the successful closing of its US$ 2,200,000,000 multi-year senior secured borrowing base credit facility (the “Facility”). The Facility was over-subscribed, enabling Mercuria to increase the size by US$ 500,000,000 and add a 2-year tranche.  The joint and several borrowers are Mercuria......
ACLEDA Bank Chooses Diebold Nixdorf to Enhance Self-Service Banking Experience
Banking News

ACLEDA Bank Chooses Diebold Nixdorf to Enhance Self-Service Banking Experience

Fintech News Desk
End-to-end software and technology solution provides consumers with advanced ATM transactions Diebold Nixdorf, a global leader in driving connected commerce for the financial and retail industries, announced that ACLEDA Bank Plc., a leading retail bank based in Cambodia, has selected its comprehensive solution of DN Series  ATMs, software and professional services to......
Cornerstone Advisors Completes Acquisition of Next Step, Inc.
Fintech News

Cornerstone Advisors Completes Acquisition of Next Step, Inc.

Fintech News Desk
Cornerstone Advisors announced that the company has acquired Orlando, Florida-based Next Step, Inc., a professional services team providing technology consulting services to banks and credit unions. Cornerstone Advisors, a leading authority on driving revenue and profitability improvements for mid-size financial institutions and fintech firms, is a portfolio company of Altamont......
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