Search Results for: working capital

OLB Group Announces $25.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Fintech News

OLB Group Announces $25.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

Fintech News Desk
by Fintech News Desk0
The OLB Group, Inc. a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announced it has entered into a securities purchase agreement with certain institutional investors to issue, in a private placement priced at-the market under Nasdaq rules, 4,545,455 shares of Common Stock and warrants......
CIT Serves as Joint Lead Arranger on $1.16 Billion Financing for PRO Unlimited Inc.
Finance News

CIT Serves as Joint Lead Arranger on $1.16 Billion Financing for PRO Unlimited Inc.

Fintech News Desk
by Fintech News Desk0
CIT Group Inc. announced that its Asset-Based Lending business served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc., a leading Integrated Workforce Management (IWM) platform provider. Serving hundreds of the world’s most recognizable brands, PRO Unlimited offers modern workforce management and a partner ecosystem supported by data, software, intelligence......
Bridge Bank Issues $10 Million Asset-based Line of Credit to Shippabo
Banking News

Bridge Bank Issues $10 Million Asset-based Line of Credit to Shippabo

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that its Capital Finance Group has issued a $10 million asset-based line of credit to Shippabo, a cloud-based supply chain-management platform serving the shipping and logistics industries. Shippabo, based in Los Angeles, will use the asset-based line of credit to support working capital needs and finance its growth. Shippabo......
HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
Digital Payments News

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Fintech News Desk
by Fintech News Desk0
The credit facility will extend working capital loans to small businesses that need financing to support their digitization and recovery from the effects of the pandemic It will be made available exclusively to new credit customers with a goal of at least 50% being women entrepreneurs HDFC Bank, Mastercard, U.S.......
Nordis Technologies and Payments FinTech Finexio Announce Channel Partnership
B2B Digital Payments Fintech News

Nordis Technologies and Payments FinTech Finexio Announce Channel Partnership

Fintech News Desk
by Fintech News Desk0
Finexio, a fast-growing digital accounts payable payments-as-a-service company, and Nordis Technologies, a leader in cloud-based, omnichannel customer communications management (CCM) and payments technology, announced a partnership that expands Nordis’ solutions to include business-to-business (B2B) accounts payable payments for the hospitality, healthcare, and financial services markets. The two companies are teaming......
Taulia Announces H1 FY2022 Results With Supply Chain Finance Revenue Growing 42%
Fintech News

Taulia Appoints Todd Musselman as Chief Wellbeing Officer

Fintech News Desk
by Fintech News Desk0
Taulia, the leading fintech provider of working capital solutions, has announced the appointment of Todd Musselman as Chief Wellbeing Officer, reflecting the business’ commitment to prioritizing employee wellbeing, happiness and development. “I’m excited to be joining Taulia and using my experience to help boost employee wellness, performance and career development.......
Piermont Bank Launches BancFi for Fintech Lending
Banking News

Piermont Bank Launches BancFi for Fintech Lending

Fintech News Desk
by Fintech News Desk0
Digital commercial bank now offers credit for fintechs after success with BaaS Piermont Bank, a digital commercial bank headquartered in New York, announces the launch of BancFi, a comprehensive, industry-first credit platform for fintechs and their end-users. Since the launch of its Banking-as-a-Service (BaaS) platform in early 2021, the Bank......
Brex Announces API and Zapier Partnership to Automate Payments, Transactions, and More
Banking Digital Payments News

Brex Announces API and Zapier Partnership to Automate Payments, Transactions, and More

Fintech News Desk
by Fintech News Desk0
Brex, the company reimagining finance for growing businesses, announced the Brex API. This new open API is available to all Brex customers, free of charge. The Brex API allows customers to seamlessly manage financial information in a customizable interface, thereby saving time, reducing errors, and better meeting the needs of......
Mercurity Fintech Holding Announces $5 Million Private Placement
Blockchain Fintech News

Mercurity Fintech Holding Announces $5 Million Private Placement

Fintech News Desk
by Fintech News Desk0
Mercurity Fintech Holding Inc. , a fintech company powered by blockchain technology and provides services including asset digitization, and cross-border remittance technology support, announced today that it has entered into purchase agreements with investors for aggregate gross proceeds of approximately $5 million to the Company, which will be settled in......
PrimeRevenue Launches B2B Payments Platform to Optimize Early and On-Time Payment for Global Supply Chains
B2B Digital Payments News

PrimeRevenue Launches B2B Payments Platform to Optimize Early and On-Time Payment for Global Supply Chains

Fintech News Desk
by Fintech News Desk0
The PrimeRevenue SurePay platform improves B2B payments efficiency for buyers and suppliers via enhanced visibility, payment certainty, and cash flow predictability PrimeRevenue, Inc., the leading provider of technology-enabled B2B payments and working capital solutions, announces its newest innovation: The PrimeRevenue SurePay platform. As the first tool of its kind, the SurePay platform......
1