Search Results for: commercial

Sompo International Global Reinsurance Expands into Canada and Adds New A&H Product in North America
InsurTech News

Sompo International Global Reinsurance Expands into Canada and Adds New A&H Product in North America

GlobeNewswire
Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada. Mr. Lamba will be based in Toronto as part of the Canada Branch.* Further, the Company is also pleased to share that Denise Sheehan has joined......
Clip Money Inc. Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor
Finance News

Clip Money Announces Debt and Equity Financings totalling US$11,000,000 with a lead Strategic Investor

GlobeNewswire
Clip Money, a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce a non-brokered private placement of common shares in the capital of the Company (the “Common Shares ”) at a price of CDN$0.23 per Common Share (the “Equity Price”) for gross proceeds of approximately US$4,900,000......
Citi Selects Foro Holdings, to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale
Investment Services Lending News

Citi Selects Foro Holdings, to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale

Business Wire
Bridge built by Citi, a digital platform that connects small and medium- sized businesses to a diverse group of lenders for business loans is acquired by Foro Holdings, Inc., a commercial lending services provider. Citi joins Foro Holdings, Inc. investors, including TTV Capital, US Bank and Correlation Ventures, in providing......
Pepper Advantage Grows Customer Base 40%
Investment Services News

Pepper Advantage Grows Customer Base 40 Percent

Business Wire
– Growth driven by demand for credit management and technology in higher interest rate environment – Data and technology investments lead to new customer wins across both banking and non-banking sectors – Strong Asian growth driven by Indian and Indonesian markets Pepper Advantage, a global loan servicing and credit technology......
Gateway Announces New Bartlesville Banking Center Open for Business
Banking News

Gateway Announces New Bartlesville Banking Center Open for Business

GlobeNewswire
Gateway First Bank opened a new Bartlesville downtown banking center today. Gateway acquired the Bartlesville retail banking franchise at 422 Dewey Avenue from Regent Bank. Most retail banking and a number of loan accounts were transferred from Regent to Gateway over the weekend. “We have local folks who will be......
Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
Lending News

Senseonics Holdings, Enters Into $50 Million Loan Facility With Hercules Capital

Business Wire
Senseonics Holdings,  a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, The company also announced it drew down $25 million upon the......
AM Best Revises Outlooks to Positive of National Unity Insurance Company
Fintech News

AM Best Revises Outlooks to Positive of National Unity Insurance Company

Business Wire
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Unity Insurance Company (National Unity) (San Antonio, TX). Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance......
Red Hat APAC Innovation Awards 2023- Snapshots
Featured News Technology

Red Hat APAC Innovation Awards 2023- Snapshots

Fintech Staff Writer
“Explore what’s next” ANZ Bank Australia, ING Australia, and Southern Cross Health Society were recognized for inventive open-source applications at Red Hat APAC Innovation Awards 2023 for Australia and New Zealand. Red Hat, Inc., is the world’s largest open-source solutions provider. These amazing companies use open-source creativity to advance while......
Finastra Accelerates Its Loan Document Strategy With Laserpro in the Cloud
Compliance management News

Finastra Accelerates Its Loan Document Strategy With LaserPro in the Cloud

PR Newswire
The move streamlines loan document compliance management, bringing the power of the cloud to community-based financial institutions Finastra announced that LaserPro, its loan document preparation system used by more than 2,500 financial institutions, is now available in the cloud. This strategic launch of LaserPro in the cloud streamlines loan document compliance......
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