Search Results for: secured

First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt
debt collection News

First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt

Fintech News Desk
First Citizens BancShares, Inc., parent company of First-Citizens Bank & Trust Company, announced that First Citizens Bank has given notice of its intention to redeem approximately $2.9 billion of its senior unsecured debt. On January 24, 2022, First Citizens Bank notified Wilmington Trust, National Association, as trustee (the “Trustee”), and......
Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets
debt collection Mortgage News

Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets

Fintech News Desk
Boston-based financial services company sees a growing number of people lured by lower rates that are refinancing mortgages to eliminate rising credit card debt Lendah, a Boston-based financial services company, urged caution this new year as more and more consumers are making the mistake of turning towards their secured assets......
Hedge Pay Brings a Secured Crypto Platform Where Clients Can Safely Invest on The Blockchain
DeFi Finance News

HedgePay Brings a Secured Crypto Platform Where Clients Can Safely Invest on The Blockchain

Fintech News Desk
HedgePay is a financial ecosystem designed to provide passive income to investors by offering goods, services and utilizing a transaction tax system. Recently, they have announced an early sale of HedgePay HedgePay is a decentralized finance application that focuses on providing a stable income stream to its investors, helping them on......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business
Banking News

Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business

Fintech News Desk
Mercuria’s North American operating entities (“Mercuria” or “the Company”) are pleased to announce the successful closing of its US$ 2,200,000,000 multi-year senior secured borrowing base credit facility (the “Facility”). The Facility was over-subscribed, enabling Mercuria to increase the size by US$ 500,000,000 and add a 2-year tranche.  The joint and several borrowers are Mercuria......
PROG Holdings, Inc. Announces Offering of $600 Million of Senior Unsecured Notes
Fintech News

PROG Holdings, Inc. Announces Offering of $600 Million of Senior Unsecured Notes

Fintech News Desk
Proceeds will be used to fund equity tender offer, future additional share repurchases or, to the extent PROG Holdings determines not to repurchase additional shares, for general corporate purposes PROG Holdings, Inc., the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announced that, subject to market and......
Residential Real Estate & Unsecured Consumer Loan Services from Envestnet Credit Exchange Now Available Through MML Investors Services
Finance Investments News

Residential Real Estate & Unsecured Consumer Loan Services from Envestnet Credit Exchange Now Available Through MML Investors Services

Fintech News Desk
Access to Credit Solutions can Help Clients Manage Both Sides of Their Balance Sheets Envestnet announces that investment advisor (IA) reps affiliated with MML Investors Services, LLC (MMLIS) can now offer Envestnet Credit Exchange services to access residential real estate and unsecured consumer loan opportunities. “The Envestnet Credit Exchange can help ease......
Dike.finance - a Transparent, Private, and Secured-Credit Decentralized Trading Platform
Blockchain DeFi News

Dike.finance – a Transparent, Private, and Secured-Credit Decentralized Trading Platform

Fintech News Desk
For investors, centralized trading platforms are no longer a preferable option. As a result of rising vulnerabilities caused by hackers, the credibility of these platforms is diminishing. In this circumstance, the idea of a decentralized trading platform that adapts transparency, security, and safety for consumers appears to be more crucial than ever. The owner......
Numerated Adds New Secured Lending Features to Its Digital Lending Platform for Banks & Credit Unions
Banking Business Fintech News

Numerated Adds New Secured Lending Features to Its Digital Lending Platform for Banks & Credit Unions

Fintech News Desk
Financial institutions like Banc of California are now benefitting from a single digital lending platform for unsecured and secured business lending products Numerated, the fast-growing fintech making business banking easy for financial institutions and their clients, has added new secured lending features to its digital lending platform to take the......
IBM and SAP to Help Financial Institutions Accelerate Cloud Adoption to Modernize Operations in a Secured Environment
Fintech News

IBM and SAP to Help Financial Institutions Accelerate Cloud Adoption to Modernize Operations in a Secured Environment

Fintech News Desk
SAP plans to onboard finance and data management solutions to the IBM Cloud for Financial Services IBM announced that SAP intends to onboard two of its finance and data management solutions to IBM Cloud for Financial Services to help accelerate IBM cloud adoption within the financial services industry. The collaboration will......
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