Search Results for: $1 million fund

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

Fintech News Desk
by Fintech News Desk0
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,......
Banking Finance News

Akulaku Announces $200 Million Investment From MUFG

Fintech News Desk
by Fintech News Desk0
Akulaku (“the Company”), a leading banking and digital finance platform in Southeast Asia, announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku’s projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved......
Primergy Solar Secures up to $200 Million Revolving Credit Facility from Rabobank
Banking Finance News

Primergy Solar Secures up to $200 Million Revolving Credit Facility from Rabobank

Fintech News Desk
by Fintech News Desk0
Funding supports expanded in ERCOT, MISO, PJM and WECC making Primergy’s project portfolio exceed 14 GW across the US Primergy Solar, LLC, a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to......
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ML Tech Raises $1.9 Million Strategic Round

Fintech News Desk
by Fintech News Desk0
 ML Tech, a non-custodial digital asset investment management platform providing institutional investors access to automated crypto trading strategies, recently raised over $1.9 million in a strategic round that included well-known investors such as Belvedere Strategic Capital, Hyperithm, and Nascent. “Belvedere Strategic Capital is excited to invest in and partner with......
OppFi Closes $150 Million Credit Facility
Finance Investment Services News

OppFi Closes $150 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
OppFi Inc., a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P. as lender. Affiliates of Hudson Cove Capital Management LLC are also participating......
CyberCube Announces $50 Million in Growth Capital Financing to Further Advance Cyber Risk Analytics
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CyberCube Announces $50 Million in Growth Capital Financing to Further Advance Cyber Risk Analytics

Fintech News Desk
by Fintech News Desk0
CyberCube, the market leader in cyber risk analytics, announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital, Hudson Structured Capital Management (Bermuda) Ltd., MTech Capital, and key investors from Stone Point Capital. Scott......
B2B Fintech News

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

Fintech News Desk
by Fintech News Desk0
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......
Elizabeth Park Capital Management and Calvert Impact selected to co-manage Mission Driven Bank Fund
Finance News

Elizabeth Park Capital Management and Calvert Impact selected to co-manage Mission Driven Bank Fund

Fintech News Desk
by Fintech News Desk0
Anchor investors Microsoft, Truist tap firms to invest in MDI and CDFI banks Elizabeth Park Capital Management (Elizabeth Park) and Calvert Impact announced they are teaming up on an investment fund to invest in mission-driven U.S. banks. The Mission Driven Bank Fund (the Fund) will be established to support Minority Depository Institutions......
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
by Fintech News Desk0
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......
Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation
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Visa Pledges to Invest $1 Billion in Africa to Accelerate Digital Transformation

Fintech News Desk
by Fintech News Desk0
During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient,......
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