Search Results for: credit commitments

Institutional PIPE Investor With $2bn in Executed Financing Commitments Launches Digital Asset Investment Firm
Finance Investment Services News

Institutional PIPE Investor With $2bn in Executed Financing Commitments Launches Digital Asset Investment Firm

Business Wire
by Business Wire0
The new ABO Digital will bring alternative financing structures to the cryptocurrency market –Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai, has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset......
Kindred Utilises Extension Option of Revolving Credit Facility Agreement and Broadens Group of Lenders
Banking Finance News

Kindred Utilises Extension Option of Revolving Credit Facility Agreement and Broadens Group of Lenders

Fintech News Desk
by Fintech News Desk0
Kindred utilises the one-year extension option of the revolving facility agreement previously signed in November 2021 and thereby extends the existing financing until November 2025. The total committed facilities will also be increased by EUR 40 million by utilising the accordion feature and at the same time the group of lenders will be broadened.......
Comvest Credit Partners Announces Investment in CheckedUp
Digital Finance News

Comvest Credit Partners Announces Investment in CheckedUp

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a senior secured credit facility to CheckedUp, a New York-based provider of digital healthcare solutions, to support the Company’s acquisition of Health Media Network......
Park Cities Asset Management Provides $30 Million of Debt Financing Commitments to Applied Data Finance
Digital Asset Management Finance News

Park Cities Asset Management Provides $30 Million of Debt Financing Commitments to Applied Data Finance

Fintech News Desk
by Fintech News Desk0
Park Cities Asset Management, LLC (“Park Cities”), an alternative investment firm focused on providing flexible debt solutions, announced that it has provided $30 million of debt capital commitments to Applied Data Finance (“ADF”). Through its Personify Financial platform, ADF offers underestimated Americans an affordable, responsible alternative for unsecured personal installment......
Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform
Banking News

Rocky Mountain Credit Union Successfully Launches Mahalo Digital Banking Platform

Fintech News Desk
by Fintech News Desk0
Credit union experiences successful conversion and effectively implements unified banking technology Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s......
AM Best Rating Reaffirms Insurtech Accelerant Excellent Credit Rating
InsurTech News

AM Best Rating Reaffirms Insurtech Accelerant Excellent Credit Rating

Fintech News Desk
by Fintech News Desk0
Accelerant, the insurtech empowering underwriters with superior risk exchange, data analytics, and capacity commitments, announced today that AM Best reaffirmed its Financial Strength Rating of A- and Long-Term Issuer Credit Rating of a-. This news was accompanied by Accelerant’s increase to Financial Size IX, for companies with $250-500 million in......
Credit Suisse Asset Management's Credit Investments Group Closes Private Credit Opportunities Fund at USD 1.67 billion
Investment Services News

Credit Suisse Asset Management’s Credit Investments Group Closes Private Credit Opportunities Fund at USD 1.67 billion

Fintech News Desk
by Fintech News Desk0
Credit Suisse Asset Management’s Credit Investments Group (“CIG”) announced the final close of its Private Credit Opportunities Fund (PCO), CIG’s first direct lending-focused fund, with USD 1.67 billion in capital commitments. Latest Fintech News: Scott Stephenson Joins Buckle as Chairman of the Board PCO seeks to generate attractive risk-adjusted returns primarily by......
KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion
Lending News

KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, announced the final close of KKR Asia Credit Opportunities Fund, a US$1.1 billion fund focused on performing privately originated credit investments in Asia Pacific. “Our credit strategy is highly complementary to our existing equity strategies in Asia, and the close of ACOF represents a......
Carbonplace and Visa Team Up for Carbon Credit Transfer
Digital Payments News

Carbonplace and Visa Team Up for Carbon Credit Transfer

Fintech News Desk
by Fintech News Desk0
New transaction paves the way for real-time, secure, and transparent cross-border carbon credit settlements Carbonplace, the new carbon credit settlement platform jointly developed by some of the world’s largest financial institutions, has announced the successful pilot transfer of carbon credits through its system in collaboration with global payments technology company Visa.......
PRA Group Announces Refinancing of European Credit Facilities
Credit Bureaus News

PRA Group Announces Refinancing of European Credit Facilities

Fintech News Desk
by Fintech News Desk0
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, announced that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. ......
1