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Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
Bermuda Stock Exchange Reports Record Ils Listings in 2021; Continued Growth in International Debt Listings
Fintech News Stock Market

Bermuda Stock Exchange Reports Record Ils Listings in 2021; Continued Growth in International Debt Listings

Fintech News Desk
– Insurance Linked Securities listings reach record level – International debt listings increased in 2021 – BSX moves into new headquarters at Exchange House – BSX begins publishing U.S. MIAX Pearl Equities data to the Pyth Network Bermuda Stock Exchange (BSX) reported 2021 results, with record insurance-linked securities (ILS) listings......
Ten Coves Capital Closes Oversubscribed $293 Million Third Fund
Fintech News

Ten Coves Capital Closes Oversubscribed $293 Million Third Fund

Fintech News Desk
Firm Continues Focus on High Growth FinTech Companies at a Time of Unprecedented Industry Growth Ten Coves Capital, LP (“Ten Coves”), a growth equity firm with an exclusive focus on investments in FinTech companies, announced the closing of its third fund, Ten Coves Capital III, LP (“Fund III”) with total......
CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection
Consumer protection laws Credit Bureaus debt collection Featured News Risk Management

CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection

Sudipto Ghosh
Thanks to Consumer Financial Protection Bureau (CFPB), consumers availing of emergency medical services will get more protection from debt collection and credit bureaus. Last week, the CFPB released a bulletin related to the No Surprises Act. This step was taken to create awareness among debt collection agents and credit bureaus......
Following a Mixed Year For the US Wine Industry, Silicon Valley Bank Predicts Generational Shifts and Climate Change Will Be Turning Points for Wine Industry in Years Ahead
Banking Investment Services News

Following a Mixed Year For the US Wine Industry, Silicon Valley Bank Predicts Generational Shifts and Climate Change Will Be Turning Points for Wine Industry in Years Ahead

Fintech News Desk
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, released its 2022 State of the Wine Industry Report. The 21st edition of the annual report assesses current conditions in the wine industry and provides a unique forecast for the year ahead based on proprietary research and economic......
U.S. Could Be Transitioning To a Mid-Cycle Economic Downshift and It May Start Toward End of 2022, Mufg Says
Economy Fintech News

U.S. Could Be Transitioning To a Mid-Cycle Economic Downshift and It May Start Toward End of 2022, MUFG Says

Fintech News Desk
The U.S. economy is moving from a post-reopening boom phase toward a moderating period, which, depending on the policy prescription, may end up feeling like a mid-cycle slowdown in the second half of 2022, according to Mitsubishi UFJ Financial Group’s (MUFG’s) 2022 U.S. Macro Strategy Outlook titled “The year ahead: balancing......
Digital Marketing Platform Otis AI Raises $2.5m to Make Digital Marketing Simple and Effective for Smbs
Artificial Intelligence Fintech News

Digital Marketing Platform Otis AI Raises $2.5m to Make Digital Marketing Simple and Effective for Smbs

Fintech News Desk
Otis AI , the digital marketing assistant for SMBs, recently raised a seed round bringing their total funding to $2.5M. With Otis, an all-in-one digital marketing solution, a small business can launch a data-driven multi-channel campaign across Facebook, Instagram, and Google in minutes, with no learning curve. Latest Fintech Insights: American Financial Group, Inc. Announces......
VizyPay Provides Customers a Free PAX SmartPOS Terminal with VizyPOS
Digital Payments News

VizyPay Provides Customers a Free PAX SmartPOS Terminal with VizyPOS

Fintech News Desk
Driven to help small businesses across rural America, leading payments solutions company equips merchants with advanced, reliable, money-saving payments software and technology solutions VizyPay, a leading national payment processing solutions company with a mission to empower small-to-medium sized businesses with simple, reliable and transparent services, announces that it will be......
Mercantile Bank Corporation Increases Regular Cash Dividend
Banking Fintech News

Mercantile Bank Corporation Increases Regular Cash Dividend

Fintech News Desk
Board declares $0.31 regular quarterly cash dividend on common stock resulting in a current annual yield of approximately 3.3 percent Mercantile Bank Corporation (“Mercantile”) announced that on January 13, 2022, its Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on March 16, 2022, to holders of......
Dragonfly Biosciences Enters Into USA Trading Agreement With Thought Leaders INC.
Fintech News Trading

Dragonfly Biosciences Enters Into USA Trading Agreement With Thought Leaders INC.

Fintech News Desk
Dragonfly Biosciences Limited, the makers of Dragonfly CBD, Europe’s largest and leading, seed to shelf range of CBD oils and skincare products, are advancing a strategy to become a global leader in delivering wellness at pace. Building upon its market leadership across the UK, Dragonfly moved to an initial public offering on the Australian......
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