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B2B Banking Markets News

Nubank Expands Secured Credit Offering And Launches FGTS

Fintech Staff Writer
Loan offerings in Brazil Nubank is expanding its secured loan offerings in Brazil to include FGTS-backed loans. The new option is being made available to those who qualify as part of the company’s strategy to broaden its safe credit offering in 2023. In Brazil, workers are required to have access......
Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures
Fintech News

Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures

GlobeNewswire
Axis Auto Finance , a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to provide a business update and announce the closing of a private placement (the “Private Placement”) of unsecured subordinated debentures Read More About Fintech Interview: Global Fintech Interview with Scott Macfee, CEO......
Clip Money Inc. Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor
Finance News

Clip Money Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor

GlobeNewswire
Clip Money, a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce a non-brokered private placement of common shares in the capital of the Company (the “Common Shares ”) at a price of CDN$0.23 per Common Share (the “Equity Price”) for gross proceeds of approximately US$4,900,000......
First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF
Investment Services News

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Business Wire
First Trust Advisors L.P. (“FTA”) announces the declaration of the monthly distribution for First Trust Income Opportunities ETF, advised by FTA. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics FTA is a federally registered investment advisor and serves as the Fund’s investment......
Charger Investment Partners Expands Team with Key Hires in Investments and Operations
Investment Services News

Charger Investment Partners Expands Team with Key Hires in Investments and Operations

Business Wire
Charger Investment Partners, a middle market private equity firm, is pleased to announce that it has made three new hires to further expand its team. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics “I am thrilled to embark on this new journey......
SurgePE Closes Elite Clinical Network Investment
Investment Services News

SurgePE Closes Elite Clinical Network Investment

Business Wire
Surge Private Equity, LLC (“Surge”) announced that it has formed a new strategic partnership with Elite Clinical Network, LLC (“ECN” or the “Company”), an integrated platform currently operating a network of phase I-IV clinical research sites throughout California, Arizona, and Nevada that has completed thousands of studies. The transaction, valued at ~$200MM, closed......
Mednow Announces Senior Secured Convertible Debenture Financing by Mednow Management
Investment Services News

Mednow Announces Senior Secured Convertible Debenture Financing by Mednow Management

Business Wire
Mednow  Canada’s on-demand virtual pharmacy, is pleased to announce a private placement offering of a secured convertible debenture (the “Convertible Debenture”) for gross proceeds of $400,000 (the “Offering”). Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics Ali Reyhany, CEO and Co-Founder, will......
GMO’s Nebo Surpasses $1Billion in Platform Assets One Year After Launch
Investment Services News

GMO’s Nebo Surpasses $1Billion in Platform Assets One Year After Launch

Business Wire
The Future of Financial Advising is Aligning the Plan with the Portfolio Grantham, Mayo, Van Otterloo & Co. LLC (GMO), a global investment manager, announced a major milestone for its Portfolio Design platform Nebo, which has surpassed $1 billion in platform assets1 one year since its September 2022 launch. Latest Fintech......
Marsh McLennan Announces Pricing of $1.6 Billion Senior Notes Offering
Investment Services News

Marsh McLennan Announces Pricing of $1.6 Billion Senior Notes Offering

Business Wire
Marsh McLennan announced that it has priced $600,000,000 aggregate principal amount of its 5.400% Senior Notes due 2033 (the “2033 Notes”) and $1,000,000,000 aggregate principal amount of its 5.700% Senior Notes due 2053 (the “2053 Notes” and, together with the 2033 Notes, the “Notes”). The Company intends to use the......
Fathom Holdings Subsidiary, Encompass Lending Group, Expands Texas Operations
Lending News

Fathom Holdings Subsidiary, Encompass Lending Group, Expands Texas Operations

PR Newswire
Elite Financing Group Joins Encompass Lending Group to Strengthen Consumer Lending Footprint Across Texas Fathom Holdings Inc., a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents, announced that its subsidiary, Encompass Lending Group (“Encompass”), has expanded its operations in Texas through......
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