Search Results for: PPP lending

Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI
Banking Investment Services News

Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI; Becomes Third Largest-Shareholder

Fintech News Desk
by Fintech News Desk0
Investments by Comerica Bank in Clearinghouse CDFI Total $2.1 Million Since 2019 Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced an additional $1 million equity investment from Comerica Bank, a financial services company headquartered in Dallas, Texas. Since 2019, Comerica has invested a total of $2.1 million in Clearinghouse CDFI,......
Ncontracts Acquires OnSemble Software from Passageways, Inc.
Fintech News

Ncontracts Acquires OnSemble Software from Passageways, Inc.

Fintech News Desk
by Fintech News Desk0
Leader in integrated risk management solutions adds intranet product capabilities to growing portfolio of enterprise platform solutions Ncontracts, a leading provider of integrated risk management solutions for the financial services industry, announced that it has acquired the OnSemble intranet portal from Passageways, Inc. The OnSemble intranet portal provides a full communication......
Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings
Fintech News

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Fintech News Desk
by Fintech News Desk0
Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate......
Ocrolus
Banking Fintech News

Ocrolus Raises $80 Million In Series C Funding To Scale Its Financial Services Focused Document Automation Solution

Fintech News Desk
by Fintech News Desk0
Company Makes Lending Significantly Faster And More Accurate; Achieves $500+M Valuation; Expands US Operations Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, announced $80 million in Series C funding led by Fin VC at a valuation north of $500 million. The company powers document......
Ncontracts Named to Gartner IT Vendor Risk Management Magic Quadrant
Finance Fintech News Risk Management

Ncontracts Named to Gartner IT Vendor Risk Management Magic Quadrant

Fintech News Desk
by Fintech News Desk0
Company recognized for its strong set of industry skills and a deep understanding of the regulatory requirements and trends of financial services Ncontracts, the leading provider of integrated risk management and lending compliance solutions for the financial services industry, announced that it has been named to the Gartner IT Vendor......
Bank of Guam Creates SF-Based Unit: TASI Bank
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Bank of Guam Creates SF-Based Unit: TASI Bank

Fintech News Desk
by Fintech News Desk0
David Joves Will Lead Operations With 38-Year History on Montgomery Street Bank of Guam announced the creation of a new operating unit, TASI Bank, that will serve its mainland United States customer base from the same 404 Montgomery Street branch that has been operating here since 1983. David J. Joves,......
OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses
Banking Fintech News

OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses

Fintech News Desk
by Fintech News Desk0
OneTeam Capital announced that it has entered into an agreement with Linear Financial Technologies to deliver working capital solutions to small businesses in the United States. “As evidenced by recent optimism expressed by small businesses, the fog is lifting on a post-pandemic US economy. That, coupled with the phase-out of the......
Customers Bank Expands Consumer Installment Loan Program With Upstart
Artificial Intelligence Blockchain Fintech News

Customers Bank Expands Consumer Installment Loan Program With Upstart

Fintech News Desk
by Fintech News Desk0
Upstart, a leading artificial intelligence (AI) lending platform, announced Customers Bank, a full-service super-community bank and subsidiary of Customers Bancorp, Inc., has expanded and extended its bank partnership with Upstart to scale its personal loan program through the Upstart Referral Network and its own consumer banking site. Through Upstart’s AI......
Customers Bank Continues National Expansion
Banking Fintech News

Customers Bank Continues National Expansion

Fintech News Desk
by Fintech News Desk0
Nationally Ranked PPP Lender Introduces Commercial Banking Services in New Markets Customers Bank is building upon its national recognition for providing innovative banking products and services to commercial and consumer clients to advance its national expansion. The next phase of the national expansion will include new offices in Florida and......
State of the Fintech Industry and a Look into 2021
Fintech Guest Posts Investment Services

State of the Fintech Industry and a Look into 2021

Greg Schultz
by Greg Schultz0
It is no secret that 2020 has been a year like no other. The COVID-19 pandemic, economic shutdowns and government stimulus plans have greatly impacted where the financial industry stands today and where it is headed in 2021. While the current situation is not, to borrow a euphemistic medical phrase,......
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