Search Results for: capital

IEX Group Announces Industry Veteran Daniel Ciment as Chief Operating Officer of IEX Exchange
Fintech News

IEX Group Announces Industry Veteran Daniel Ciment as Chief Operating Officer of IEX Exchange

Fintech News Desk
Daniel brings deep expertise and a unique understanding of all market participants IEX Exchange, operated by IEX Group, announced the addition of Daniel Ciment as Chief Operating Officer (COO). In this role, Mr. Ciment will lead operations and innovation for IEX Exchange. Mr. Ciment is joining IEX following 10 years at......
Boston National Title to Use Black Knight's Expedite Suite of eSign and Document Fulfillment Solutions
Banking Fintech News

Black Knight’s CompassPPE and Ernst Fee Service Now Integrated With Blend’s Digital Lending Platform to Support Effective Loan Pricing

Fintech News Desk
Collaboration delivers improved margin management, helps lenders effectively price loans and minimize costly fee cures, while enhancing the customer experience Black Knight, announced that its dynamic CompassPPE product, pricing and eligibility engine and comprehensive Ernst Fee Service solution are now integrated with Blend‘s digital lending platform for mortgages and consumer banking. The integration......
Sixpoint Announces Promotion of Rich Siegel to Director, New Business Function for Alex Lorusso
Capital Markets Fintech Investment Services News

Sixpoint Announces Promotion of Rich Siegel to Director, New Business Function for Alex Lorusso

Fintech News Desk
Sixpoint Partners (“Sixpoint”), a leading global investment bank serving the middle-market private equity industry, announced the promotion of Rich Siegel to Director on the firm’s Capital Solutions team. Alex Lorusso also joins the Capital Solutions team as Vice President; Alex had previously been a Vice President on the project management......
Borro Introduces Inventory Loan Product to the Luxury Goods Trade
Banking Fintech InsurTech Investment Services News

Borro Introduces Inventory Loan Product to the Luxury Goods Trade

Fintech News Desk
Short-term standard loan or line of credit options use part of retailers’, wholesalers’, traders’, manufacturers’ and other trade members’ luxury asset inventory as collateral Borro, the leading provider of confidential, non-bank loans that use borrowers’ luxury assets as collateral, announced the introduction of the Borro Luxury Inventory Loan product to......
People’s Bank Celebrates Success in PPP Lending
Banking Business Fintech News

People’s Bank Celebrates Success in PPP Lending

Fintech News Desk
People’s Bank of Commerce reports significant support of its communities in providing Paycheck Protection Program (PPP) Loans during the COVID-19 crisis. To date, the community bank has provided over 900 PPP loans totaling $91 million to small businesses. The SBA processing fee from these loans will generate $3.6 million in......
Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15 Million in Funding to Accelerate Growth and Support Expansive Customer Adoption
Fintech Fintech Funding Mobile Banking News

Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $10M Seed Funding Round

Fintech News Desk
Lili, the all-in-one banking app designed for freelance workers, announced it has raised a $10 million seed funding round to empower modern workers with the financial tools and services they need to balance work and life. The round was led by Group 11, with major participation from Foundation Capital, AltaIR......
PitchBook Benchmarks Continues Cash Flow Series to Examine Distribution Profiles Across Private Market Strategies
Capital Markets Fintech Fintech Funding News

PitchBook Benchmarks Continues Cash Flow Series to Examine Distribution Profiles Across Private Market Strategies

Fintech News Desk
PitchBook, the premier data provider for the private and public equity markets, released fund performance data through 3Q 2019 from its stand-alone performance measurement product, PitchBook Benchmarks. The comprehensive performance data is designed to help limited partners (LPs) and general partners (GPs) better understand private market fund performance relative to......
Ideanomics Enters into 50/50 JV with BBD to Establish an Investment Company Focused on New Infrastructure Projects in China
Artificial Intelligence Big Data Fintech News Risk Management

Ideanomics Enters into 50/50 JV with BBD to Establish an Investment Company Focused on New Infrastructure Projects in China

Fintech News Desk
Ideanomics is pleased to announce that it has entered into a 50/50 joint venture (JV) with Business Big Data PTE, Ltd./Seasail Ventures (BBD) to create an investment company focused on new infrastructure projects in China. The investment company will develop an AI-enhanced China New Infrastructure bond product, introduce capital, and......
OakNorth Deploys Its Proprietary COVID-19 Credit Framework With One of the Leading Credit Providers to Middle Market Companies
Economy Fintech News

OakNorth Deploys Its Proprietary COVID-19 Credit Framework With One of the Leading Credit Providers to Middle Market Companies

Fintech News Desk
OakNorth, the next-generation credit and monitoring platform, announces the signing of a commercial agreement with PNC Bank, one of the leading credit providers to middle market companies across the country. The unprecedented scale and rapid escalation of this crisis has created unimaginable impact on the economy. As a result, commercial lenders......
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