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CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement
debt collection Finance News

CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement

Fintech News Desk
Non-dilutive debt capital at market favorable terms strengthens the balance sheet and provides additional working capital to fund key clinical and commercial initiatives CytoSorbents Corporation, a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology,......
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
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......
Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations
Cryptocurrency Finance News

Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations

Fintech News Desk
Lender Negotiations Update Entered into a non-binding term sheet with NYDIG regarding approximately $74 million of debt contemplating the following terms: NYDIG would purchase miners with approximately 2.8 EH/s of mining capacity Greenidge would enter into a hosting agreement with NYDIG for approximately 2.8 EH/s of mining capacity, which would result in......
Cryptocurrency DeFi News

OKX Ventures And Neptune Mutual Launch First OKX Cover Pool

Fintech News Desk
OKX Ventures, the venture arm of world-leading cryptocurrency platform OKX, and crypto hedging protocol Neptune Mutual today announced a partnership to deliver OKX’s first-ever cover pool. The decentralized cover solution will be listed on Neptune Mutual’s P2P cover marketplace, which offers protection against hacks and attacks in DeFi, CeFi, and......
Strategic Planning Group Moves to Commonwealth to Optimize Client Outcomes And Capitalize on Technology
Finance Investment Services News

Strategic Planning Group Moves to Commonwealth to Optimize Client Outcomes And Capitalize on Technology

Fintech News Desk
Commonwealth Financial Network, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the addition of Strategic Planning Group, Inc. from Fishers, Indiana, to its network of financial advisors. Formerly with Cambridge Investment Research, firm president and advisor John Wood, CFP®, CLU®, ChFC®, AIF®, and advisor......
Commerce Digital News

Sovos Provides Relief to Small- and Medium-Sized Businesses in Advance of 1099-K Threshold Changes

Pooja Choudhary
Global tax software provider Sovos announced that it will be continuously monitoring changes to provide ongoing updates and advice to help small- and medium-sized businesses navigate the complexities brought on by the combination of IRS rule changes, an increase in budget allocations for tax enforcement and a major shift in worker classifications.......
B2B Fintech News

BitNile Holdings Obtains $14.7 Million In Secured Debt Financing To Support Private Equity Investment

Fintech News Desk
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) announced today that it borrowed $14.7 million of principal amount of a secured promissory note (the “Note”) from an accredited investor and shareholder. The Note matures on March 16, 2023, although if the Company repays at least $12 million......
Walnut Insurance Raises $4 Million to Power Embedded Insurance for Enterprise Brands and Accelerate Growth
Fintech InsurTech News

Walnut Insurance Raises $4 Million to Power Embedded Insurance for Enterprise Brands and Accelerate Growth

Fintech News Desk
Walnut Insurance, a technology company that provides infrastructure for embedded insurance, announced their $4M seed round, with ATB Financial and NAventures, National Bank of Canada’s corporate venture capital arm, as the lead investors. Other investors include Harvest Venture Partners, Highline Beta, and N49P. “Our seed raise is a testament to the continuing revolution inside the insurance......
B2B Fintech News

Vestigo Ventures Invests In SaaSWorks To Equip Finance Teams With A Continuous, Single Source of Revenue Truth

Fintech News Desk
CFO surveys reveal a pervasive trend. Big Data has become a burden. Troves of data from myriad sources have the potential to deliver huge value, enabling organizations to increase revenue more efficiently, identify cost savings and growth opportunities, improve customer interactions, plan strategic investments, and much more. In reality, the potential......
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