Search Results for: operations management

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
by Business Wire0
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
Redwood Credit Union Selects Lumin Digital For Enhanced Digital Banking Services
Banking News

Redwood Credit Union Selects Lumin Digital For Enhanced Digital Banking Services

PR Newswire
by PR Newswire0
Lumin Digital announced that Santa Rosa-based Redwood Credit Union has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. When Redwood completes the rollout of its new platform in Q4 of 2023, Lumin Digital will support Redwood’s more than 455,000 members. Founded in......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Camino Financial and Fundation Merge to Form Full Spectrum Small Business Lender
Investment Services Lending News

Camino Financial and Fundation Merge to Form Full Spectrum Small Business Lender

PR Newswire
by PR Newswire0
The joint entity will be one of the few multi-channel financing platforms offering credit solutions tailored to all stages of small business growth Camino Financial and Fundation will combine to create a new, full spectrum SMB lender providing credit solutions to fund the growth of small businesses. Camino Financial, a......
Bitmain to Invest $54 Million in Core Scientific, as Part of New Supply Contract
Blockchain News

Bitmain to Invest $54 Million in Core Scientific, as Part of New Supply Contract

Business Wire
by Business Wire0
Bitmain will supply Core Scientific with 27,000 latest generation bitcoin miners and signs new hosting agreement Core Scientific, a leader in high-performance blockchain computing data centers and software solutions, announced Bitmain, the world’s leading manufacturer of digital currency mining servers, has agreed to invest $53.9 million in the Company, expanding the two......
Hexure and Paperclip Announce Partnership to Enhance Application Data Workflows
Fintech News Security

Hexure and Paperclip Announce Partnership to Enhance Application Data Workflows

Business Wire
by Business Wire0
Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced a partnership with Paperclip, an innovative content management and data security company. This partnership will enhance application data workflows and streamline operations through the integration of Hexure’s sales automation platform FireLight and Paperclip Mojo, Paperclip VCF and Paperclip SAFE®.......
Neara Closes $24 Million Series B to Mitigate Utilities’ Climate Risks and Accelerate Renewable Energy
Artificial Intelligence Investment Services News

Neara Closes $24 Million Series B to Mitigate Utilities’ Climate Risks and Accelerate Renewable Energy

Business Wire
by Business Wire0
Prosus Ventures invests in $10M Series B extension, augmenting the company’s AI capabilities in natural disaster mitigation and clean energy integration Neara, the first infrastructure modeling platform that uses artificial intelligence (AI) to create 3D, network-wide models for engineering-grade simulations and analytics, announced a $10M capital raise extension and a......
Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger
Banking News

Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger

PR Newswire
by PR Newswire0
Peoples Financial Services Corp. and FNCB Bancorp, Inc. announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume weighted average stock price for Peoples’ common stock of $44.13 as of September 26, 2023, resulting in an......
Bain & Company and Microsoft Establish Strategic Partnership to Help Clients Accelerate and Scale AI Adoption
Artificial Intelligence News

Bain & Company and Microsoft Establish Strategic Partnership to Help Clients Accelerate and Scale AI Adoption

PR Newswire
by PR Newswire0
Bain & Company announced a partnership with Microsoft which will enable Bain’s client businesses to build and deploy new artificial intelligence (AI) applications across their operations faster, more effectively, and at scale. The partnership combines Bain’s multi-disciplinary expertise in strategic business advice, machine learning, application engineering, and Microsoft’s Azure OpenAI service to......
FinPay Names Newest Advisory Board Member, Bradley F. Sorte
Artificial Intelligence News

FinPay Names Newest Advisory Board Member, Bradley F. Sorte

PR Newswire
by PR Newswire0
FinPay LLC, a recognized leader in patient engagement and financial management announced the addition of Brad Sorte as the newest member of the FinPay Advisory Board. Brad is a Co-Founder of SCAI, an early-stage technology startup focused on developing an artificial intelligence platform to transition the substance abuse disorder treatment industry......
1