Search Results for: balance sheet

Top Performing Credit Unions Recognized by Raddon
Fintech News

Fiserv Enables Financial Institutions to Take Lease Accounting from a Spreadsheet to the Balance Sheet

Fintech News Desk
by Fintech News Desk0
Collaboration with LeaseQuery allows Fiserv accounting software users to streamline lease accounting processes and address FASB standard Fiserv, a leading global provider of payments and financial services technology solutions, is enabling financial institutions to advance their lease accounting processes and address industry standards through a new agreement with LeaseQuery. This......
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......
Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth
B2B Digital Payments E-commerce News

Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth

Fintech News Desk
by Fintech News Desk0
Credit Facility Enables Balance to Support Digital Trade Transformation Balance, the leader in B2B payments specializing in financing and ecommerce, has announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital. This announcement comes on the heels of Balance’s $56M in Series B financing......
BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility
Cryptocurrency News

BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Credit facility bolsters BlockFi’s balance sheet and underscores long-term stability BlockFi, a global crypto financial services company, announced that the company signed a term sheet with FTX to secure a $250 million USD revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are......
Alpha Eliminates Remaining Term Loan Balance
Fintech News

Alpha Eliminates Remaining Term Loan Balance

Fintech News Desk
by Fintech News Desk0
Company Also Provides Updates on Share Repurchase Program and Combined $56.6 Million in Collateral Releases   Alpha Metallurgical Resources, Inc. a leading U.S. supplier of metallurgical products for the steel industry, announced several positive financial updates, including the elimination of its remaining term loan balance. Latest Fintech News: Agrotools Finalizes $21 Million Funding Round......
Getaround Selects Snapsheet’s End-to-End Digital Claims Management Platform
Fintech InsurTech News

Getaround Selects Snapsheet’s End-to-End Digital Claims Management Platform

Fintech News Desk
by Fintech News Desk0
Expanded partnership powers a faster, better claims experience to enhance carsharing convenience and accessibility Snapsheet, a pioneer in cloud-native claims management technology, announced the expansion of a long-term partnership with Getaround. The carsharing platform that empowers users to instantly access and drive cars nearby selected the Snapsheet Claims platform to digitize......
E-commerce Featured Fintech Robotic Process Automation

Automating Financial Reconciliation for E-commerce Using AI and RPA

Fintech Staff Writer
by Fintech Staff Writer0
In the fast-evolving world of e-commerce, managing financial transactions accurately and efficiently is crucial for business success. Financial reconciliation—the process of verifying that records from different financial accounts align—is a fundamental aspect of financial management. In the e-commerce sector, the vast volume of transactions, multiple payment channels, and diverse currencies......
Trintech and PRYZM Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes
Finance Fintech News

Trintech and PRYZM Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes

PR Newswire
by PR Newswire0
PRYZM to refer and implement Trintech’s market-leading cloud-based finance and accounting solutions Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced a strategic partnership with PRYZM, a leading consultancy specializing in Finance Transformation and Enterprise Performance Management (EPM) solutions. The partnership enables......
$28M Series a Fuels Numeric’s Mission to Build the Next-Gen Financial Data Platform
Finance Fintech News

$28M Series a Fuels Numeric’s Mission to Build the Next-Gen Financial Data Platform

PR Newswire
by PR Newswire0
Numeric has raised a $28 million Series A round led by Menlo Ventures, with participation from new investors IVP and Socii Capital, and existing investors Founders Fund, 8VC, Long Journey, Access Industries, and Friends & Family Capital, and others. This investment will accelerate engineering hiring and product development, supporting Numeric’s aim to enable real-time decision-making from financial data. In the past year,......
88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows
Business Finance News

88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows

Business Wire
by Business Wire0
New study from Yooz reveals the impact of shifting business priorities on finance professionals, highlighting increased stress levels and workload challenges with the potential of automation to alleviate these pressures. Finance teams face increasing strain as economic pressures and shifting business demands challenge their ability to meet strategic goals and......
1