Search Results for: working capital
Payoneer Adds Capabilities With Acquisition of Data Platform, Spott
Spott’s AI enhances Payoneer’s service offerings to expand services to customers across 190 countries Payoneer , the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to......
Adapting to Thrive: Small-Scale East African Retailers
Smollan representing some of the world’s most loved FMCG and commerce brands, gives a glimpse into the dynamics of this growing sector and the challenges and opportunities that arise Millions of small, independent shops in East Africa will need to look at diversifying, digitizing, and even partnering for growth in......
Bitcoin Well Announces $2.5 Million Non-Brokered Private Placement
Bitcoin Well, the non-custodial fintech business which future-proofs money by making bitcoin useful to everyday people, announces its intention to complete a non-brokered private placement offering (the “Offering”) of up to 41,666,667 units of Bitcoin Well (the “Units”) at a price of $0.06 per Unit for aggregate gross proceeds of......
Eastern Bank Provides Financing For Raycon Construction, Conversion To An Employee-Owned Company
Eastern Bank is pleased to announce it has provided the financing to facilitate Raycon Construction, LLC’s sale of 100% of its stock to a newly formed Employee Stock Ownership Plan (ESOP). Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast. Eastern Bank is......
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
IGC Pharma Announces a $3 Million Private Placement of its Common Stock
IGC Pharma, announced a strategic investment from four investment funds managed by Bradbury Asset Management (Hong Kong) Limited (“Bradbury”) who is a leading asset management firm with over $2 billion in managed assets. This investment, along with additional contributions from three unrelated investors, has resulted in approximately $3 million in......
eMoney Advisor Adds Support for MaxMyInterest to Enable Advisors to Deliver Market-Leading Rates on FDIC-Insured Deposits
eMoney’s clients now have access to MaxMyInterest via an advisor connection in the eMoney platform MaxMyInterest, the leading provider of intelligent cash management solutions for individual investors and their advisors, announced an advisor connection within the financial planning platform of eMoney Advisor, a leading provider of technology solutions and services that......
Trovata and PNC Treasury Management Provide Integrated Payment Processing Experience
Trovata and PNC leverage APIs to automate client financial operations Trovata, the global leader in bank APIs and cash management, announced an expanded working relationship with PNC Treasury Management to provide joint customers with integrated payment processing capabilities. The newly enhanced relationship enables PNC’s and Trovata’s business clients to make......
eMoney Advisor Adds Support for MaxMyInterest to Enable Advisors to Deliver Market-Leading Rates
MaxMyInterest (“Max”), the leading provider of intelligent cash management solutions for individual investors and their advisors, announced an advisor connection within the financial planning platform of eMoney Advisor, a leading provider of technology solutions and services that help people talk about money. The connection enables financial advisors using eMoney and Max’s solution......