Search Results for: Principal

Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations
Cryptocurrency Finance News

Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations

Fintech News Desk
by Fintech News Desk0
Lender Negotiations Update Entered into a non-binding term sheet with NYDIG regarding approximately $74 million of debt contemplating the following terms: NYDIG would purchase miners with approximately 2.8 EH/s of mining capacity Greenidge would enter into a hosting agreement with NYDIG for approximately 2.8 EH/s of mining capacity, which would result in......
Cryptocurrency DeFi News

OKX Ventures And Neptune Mutual Launch First OKX Cover Pool

Fintech News Desk
by Fintech News Desk0
OKX Ventures, the venture arm of world-leading cryptocurrency platform OKX, and crypto hedging protocol Neptune Mutual today announced a partnership to deliver OKX’s first-ever cover pool. The decentralized cover solution will be listed on Neptune Mutual’s P2P cover marketplace, which offers protection against hacks and attacks in DeFi, CeFi, and......
Strategic Planning Group Moves to Commonwealth to Optimize Client Outcomes And Capitalize on Technology
Finance Investment Services News

Strategic Planning Group Moves to Commonwealth to Optimize Client Outcomes And Capitalize on Technology

Fintech News Desk
by Fintech News Desk0
Commonwealth Financial Network, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the addition of Strategic Planning Group, Inc. from Fishers, Indiana, to its network of financial advisors. Formerly with Cambridge Investment Research, firm president and advisor John Wood, CFP®, CLU®, ChFC®, AIF®, and advisor......
Commerce Digital News

Sovos Provides Relief to Small- and Medium-Sized Businesses in Advance of 1099-K Threshold Changes

Pooja Choudhary
by Pooja Choudhary0
Global tax software provider Sovos announced that it will be continuously monitoring changes to provide ongoing updates and advice to help small- and medium-sized businesses navigate the complexities brought on by the combination of IRS rule changes, an increase in budget allocations for tax enforcement and a major shift in worker classifications.......
B2B Fintech News

BitNile Holdings Obtains $14.7 Million In Secured Debt Financing To Support Private Equity Investment

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) announced today that it borrowed $14.7 million of principal amount of a secured promissory note (the “Note”) from an accredited investor and shareholder. The Note matures on March 16, 2023, although if the Company repays at least $12 million......
Walnut Insurance Raises $4 Million to Power Embedded Insurance for Enterprise Brands and Accelerate Growth
Fintech InsurTech News

Walnut Insurance Raises $4 Million to Power Embedded Insurance for Enterprise Brands and Accelerate Growth

Fintech News Desk
by Fintech News Desk0
Walnut Insurance, a technology company that provides infrastructure for embedded insurance, announced their $4M seed round, with ATB Financial and NAventures, National Bank of Canada’s corporate venture capital arm, as the lead investors. Other investors include Harvest Venture Partners, Highline Beta, and N49P. “Our seed raise is a testament to the continuing revolution inside the insurance......
B2B Fintech News

Vestigo Ventures Invests In SaaSWorks To Equip Finance Teams With A Continuous, Single Source of Revenue Truth

Fintech News Desk
by Fintech News Desk0
CFO surveys reveal a pervasive trend. Big Data has become a burden. Troves of data from myriad sources have the potential to deliver huge value, enabling organizations to increase revenue more efficiently, identify cost savings and growth opportunities, improve customer interactions, plan strategic investments, and much more. In reality, the potential......
Navya Obtains €30 Million Financing From the Eshaq Investment Company W.L.L Based in the Kingdom of Bahrain
Finance News

Navya Obtains €30 Million Financing From the Eshaq Investment Company W.L.L Based in the Kingdom of Bahrain

Fintech News Desk
by Fintech News Desk0
Navya an autonomous mobility systems leader, has entered into a financing agreement with the investment company Eshaq Investment Company W.L.L, based in the Kingdom of Bahrain, for a loan with a principal amount of €30 million. This loan agreement is governed by French law and has a duration of 10......
3 Credit Unions Implement Bankjoy’s Business Banking Platform
Banking Mobile Banking News

3 Credit Unions Implement Bankjoy’s Business Banking Platform

Fintech News Desk
by Fintech News Desk0
Bankjoy, a digital banking provider, announced that three credit unions have expanded their relationship with Bankjoy and implemented its business banking platform to provide their business members with a best-in-class digital banking experience. “Our goal at Lafayette Federal is to serve our community’s financial needs and provide the best member......
RCM Technology Group Selects KRM22 As Its Comprehensive Risk Technology
News Risk Management

RCM Technology Group Selects KRM22 As Its Comprehensive Risk Technology

Fintech News Desk
by Fintech News Desk0
RCM Technology Group, is thrilled to announce it has selected KRM22 as its risk technology partner. RCM, based in Chicago, provides Risk Management and Margin Analytics to the exchange traded futures and commodity markets. The RCM risk team has decades of relevant experience in providing risk management services to the......
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