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Metropolitan Bank Holding Corp. To Exit Crypto-Asset Related Vertical

Fintech News Desk
by Fintech News Desk0
Metropolitan Bank Holding Corp. the holding company for Metropolitan Commercial Bank, announced that it will fully exit the crypto-asset related vertical. This decision follows a careful review by the Board of Directors and management and reflects recent developments in the crypto-asset industry, material changes in the regulatory environment regarding banks’......
Scotsman Guide Transitions From ‘Hard Money’ Terminology to ‘Private Money’
Fintech Mortgage News

Scotsman Guide Transitions From ‘Hard Money’ Terminology to ‘Private Money’

Fintech News Desk
by Fintech News Desk0
Scotsman Guide, the leading provider of financial technology tools and industry news for mortgage originators, has announced that “hard money” will now be referred to as “private money” throughout its catalog of products. “Because of that, Scotsman Guide recognizes its move to new terminology, and we’re excited to see the......
Dextra Partners Announces Formation with $2.5 Billion of Investable Capital from Strategic Partners
Investment Services News

Dextra Partners Announces Formation with $2.5 Billion of Investable Capital from Strategic Partners

Fintech News Desk
by Fintech News Desk0
Founded by the former senior investment team of GoldPoint Partners, Dextra specializes in unlocking access to middle market private equity Dextra Partners LLC announced its formation as an independent, multi-strategy investment firm focused on providing investors with differentiated middle market private equity opportunities. Headquartered in New York, the Firm has......
Tiger Finance and Merchant Financial Group Provide $38 Million in Growth Capital to Apparel Brand Arctix
Finance News

Tiger Finance and Merchant Financial Group Provide $38 Million in Growth Capital to Apparel Brand Arctix

Fintech News Desk
by Fintech News Desk0
Revolving credit facility comes in response to robust online and brick-and-mortar sales by the outdoor and winterwear brand Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand. As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance......
FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud
Digital Payments News

FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud

Fintech News Desk
by Fintech News Desk0
FICO event on 8 February will gather industry experts to discuss what must be done across the payments ecosystem to stem losses from fraud scams In 2021, UK losses to authorised push payment (APP) scams reached £583.2 million. This 39 percent year-on-year increase in losses shows how inventive and active......
B2B News Technology

SUNRATE Enhances Its Online Travel Solution With New Virtual Corporate Card

Fintech News Desk
by Fintech News Desk0
Global Fintech SUNRATE has partnered with Visa, a world leader in digital payments, to launch virtual corporate cards as part of its plans to bolster its online travel solution. SUNRATE’s travel stakeholders can now have another seamless and efficient option when making payments to their own partners, such as airlines......
CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement
debt collection Finance News

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,......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
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