Search Results for: Principal

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers
Mortgage News

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers

Fintech News Desk
AM Best has updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs, Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key......
Newly Constructed South Florida Apartments Receive $67 Million in Financing via Walker & Dunlop
Fintech News

Newly Constructed South Florida Apartments Receive $67 Million in Financing via Walker & Dunlop

Fintech News Desk
Walker & Dunlop, Inc. announced that it structured $67,000,000 in financing for Zona Village, a Class-A multifamily property located in Davie, Florida, a high growth submarket within the Ft. Lauderdale MSA. Recently completed in 2021, the midrise building is comprised of 201 multifamily units and 16,500 square feet of ground floor retail space. Latest......
Cathedra Bitcoin Secures US$17m in Equipment Financing from NYDIG
Finance News

Cathedra Bitcoin Secures US$17m in Equipment Financing from NYDIG

Fintech News Desk
Cathedra Bitcoin Inc.(the “Company” or “Cathedra”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, is pleased to announce it has entered into an equipment financing agreement with NYDIG ABL that will provide approximately US$17m in proceeds to fund the expansion of Cathedra’s diversified bitcoin mining operations. Latest......
MELD Launches the First Non-Custodial, Decentralized Lending and Borrowing Protocol Based on Cardano Smart-Contract Blockchain
Cryptocurrency News

MELD Launches the First Non-Custodial, Decentralized Lending and Borrowing Protocol Based on Cardano Smart-Contract Blockchain

Fintech News Desk
$45M Raised Via World’s First ISPO and Private Token Sale MELD is an innovative new startup launching with a mission to equalize the playing field between the financial ‘haves’ and the ‘have-nots’. Created to serve the more than 2 billion members of the world population that are either under-banked or......
ParkHub Secures Growth Investment From LLR Partners
Digital Payments Investment Services News

ParkHub Secures Growth Investment From LLR Partners

Fintech News Desk
LLR and Executive Chairman, Jeff Shanahan, bring extensive software, financial technology, and payments experience to support continued growth of parking management software leader ParkHub, a leading provider of parking software and payments solutions, announced a growth investment from LLR Partners. The investment will support continued development of the Company’s parking......
Golden Gate University School Of Law and Algorand Foundation Announce Creation Of Blockchain Law For Social Good Center
Blockchain News

Golden Gate University School Of Law and Algorand Foundation Announce Creation Of Blockchain Law For Social Good Center

Fintech News Desk
Funded with a $300,000 grant, it’s the first of its kind in an American law school. Golden Gate University School of Law and the Algorand Foundation have created the Blockchain Law for Social Good Center, the first of its kind in an American law school. Latest Fintech Insights: Morningstar Launches Wealth Management Solutions Group......
Blockchain Gains Value, Importance as Digital Payments Become Growing Trend
Blockchain Digital Payments News

Blockchain Gains Value, Importance as Digital Payments Become Growing Trend

Fintech News Desk
The COVID-19 pandemic rattled every market imaginable worldwide, with some changes becoming permanent as they simply accelerated existing trends. The digital payments market certainly benefited as online transactions skyrocketed with some brick-and-mortar stores even refusing to take cash because of the threat of spreading germs. But don’t confuse a truly......
Defi Startup Pillow Raises $3M Led By Elevation Capital And Marquee Angels
DeFi News

Defi Startup Pillow Raises $3M Led By Elevation Capital And Marquee Angels

Fintech News Desk
To be used to deepen access to DeFi opportunities, accelerate global expansion; build strong user community Pillow, a DeFi (Decentralized Finance) startup that helps generate yields on crypto, has raised $3M in seed funding led by Elevation Capital and a host of prominent crypto angels, including Scott Lewis (Co-founder, DeFi......
Teclison Announces the Appointment of Wan Lung Eng As Chief Financial Officer
Finance Fintech News

Teclison Announces the Appointment of Wan Lung Eng As Chief Financial Officer

Fintech News Desk
Teclison, a clinical-stage pharmaceutical company developing novel cancer therapeutics to induce targeted necrosis of solid tumors and convert the tumor into a therapeutic vaccine to enhance cancer remission, today announced the appointment of Wan Lung Eng as Chief Financial Officer. Mr. Eng has over two decades of experience in corporate......
Firm Capital Mortgage Investment Corporation Announces Partial Exercise of Over-Allotment Option
Mortgage News

Firm Capital Mortgage Investment Corporation Announces Partial Exercise of Over-Allotment Option

Fintech News Desk
Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce that the underwriters of its offering of 5.00% convertible unsecured subordinated debentures due March 31, 2029 exercised, in part, their previously disclosed over-allotment option, resulting in the issue of an additional $3,700,000 aggregate principal amount of debentures.......
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