Search Results for: credit commitments

Fintech News

CreditShop Announces the Appointment of Christopher Halmy as Chairman of the Board of Directors

Fintech News Desk
by Fintech News Desk0
CreditShop Holdings LLC (‘CreditShop’ or ‘the Company’), a leading non-bank credit card company in the United States, announces the appointment of Christopher A. Halmy as Chairman of the Board of Directors. Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group Peter Herbert has resigned from his position of......
Diebold Nixdorf Issues $1.1 Billion Of Senior Secured Notes In Oversubscribed Offerings And Extends Senior Secured Revolving Credit Facility
Fintech Investment Services News

Diebold Nixdorf Issues $1.1 Billion Of Senior Secured Notes In Oversubscribed Offerings And Extends Senior Secured Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, announced the completion of several transactions that significantly extend debt maturities, provide sufficient liquidity as the company enters the latter stages of its DN Now transformation and reduce the company’s expected cash interest and cash......
Francisco Partners Announces Closing of Nearly $10 Billion in Capital Commitments
Capital Markets Fintech News

Francisco Partners Announces Closing of Nearly $10 Billion in Capital Commitments

Fintech News Desk
by Fintech News Desk0
Francisco Partners (FP) announced the closing of approximately $10 billion in capital commitments across three funds: Francisco Partners VI, L.P., a $7.45 billion equity fund, Francisco Partners Agility II, L.P., a $1.5 billion equity fund, and FP Credit Partners, L.P., a $750 million opportunistic credit fund. Each fund was substantially......
Survey-Finds-that-US-Banks-Effectively-Communicated-with-Customers-During-the-Coronavirus-Pandemic
Banking Fintech News

Survey Finds that US Banks Effectively Communicated with Customers During the Coronavirus Pandemic

Fintech News Desk
by Fintech News Desk0
Global analytics software provider, FICO, today released new research1 examining the level of communication and support US consumers received from their financial service providers during the COVID-19 pandemic. Overall, the survey found that US banks received high praise from customers with the vast majority of consumers (84 percent) satisfied with the......
Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada
Finance Fintech Lending News

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada

Business Wire
by Business Wire0
The new capital, including funding from Shopify founder Tobi Lütke and Slack founder Stewart Butterfield, will accelerate the expansion of Neo Financial’s suite of innovative financial services products, offering competitive alternatives to traditional banks Neo Financial (“Neo”), a leading Canadian financial technology company, announced today their CAD $360 million Series......
Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System
Finance Fintech News

Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System

EIN Presswire
by EIN Presswire0
Beneficient, a technology-enabled financial services holding company, is excited to announce the latest advancements to its fintech platform, AltAccess®. The new release of AltAccess introduces the Machine-Automated Pricing System (“MAPS”), which incorporates Ben’s formula-based pricing model for qualified fiduciary financings and is engineered to optimize dynamic pricing and real-time net......
Pantheon Partners with iCapital to Expand Access to Specialist Evergreen Semi-Liquid Private Equity Solution
Fintech Investment Services News

Pantheon Partners with iCapital to Expand Access to Specialist Evergreen Semi-Liquid Private Equity Solution

Business Wire
by Business Wire0
Pantheon and iCapital will leverage iCapital’s innovative technology and structuring capabilities to bring Pantheon’s high conviction private equity investments to a wider range of global investors Partnership also includes solutions targeting markets with growing demand across Europe, the Middle East, Latin America and Asia Pantheon, a leading specialist global private......
JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom
Fintech Investment Services News

JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom

Business Wire
by Business Wire0
The firm expands its skills-based hiring for entry-level technology and operation jobs in cities across the U.K., including Glasgow, where it recently opened a new state-of-the-art technology centre Plans to kick start a new programme to help fintechs create financial management tools to support individuals and entrepreneurs Builds on lessons......
Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
by Business Wire0
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
Digital Payments News

DailyPay Closes Transactions Totaling $175 Million; Company’s Valuation Increases by 75%

Fintech News Desk
by Fintech News Desk0
Funds will be used to accelerate growth and expansion into adjacent categories and new markets. By Global FinTech Series News Desk  DailyPay, the on-demand pay company, announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided......
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