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Featured Fintech Fintech Primers Lending

What Are The Pros of Fintech Lenders?

Pooja Choudhary
Introduction Online “fintech” lenders, which are not banks, may look at “alternative data,” such as the regularity with which a borrower pays their rent or utility bills, to establish the borrower’s creditworthiness. There are potential benefits to expanding access to loans through the use of alternative data. Lenders can now......
Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 - Forecasts to 2027
Fintech News

Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 – Forecasts to 2027

Business Wire
The “Indonesia Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. Alternative lending market in Indonesia is expected......
Bullish Acquires CoinDesk from Digital Currency Group
Blockchain Cryptocurrency News

Bullish Acquires CoinDesk from Digital Currency Group

Business Wire
Bullish Completes Strategic Acquisition to Accelerate CoinDesk’s Global Expansion and Growth of Media, Events and Indices Businesses Bullish, the fastest growing regulated, institutional digital assets exchange led by Tom Farley, announced today that it has acquired CoinDesk, the integrated media, events and index platform for the future of finance, from......
KBRA Releases Research – 2024 Structured Credit Sector Outlook: Staying the Course
Banking Fintech News

KBRA Releases Research – 2024 Structured Credit Sector Outlook: Staying the Course

Business Wire
KBRA releases its 2024 Structured Credit Sector Outlook, which discusses structured credit issuance and themes for transactions and leveraged loans in 2023, as well as tailwinds and headwinds for issuance and performance next year. Fintech Insights: Leveraging the Power of Payments to Forge Better Employee Relations The structured credit market faces......
Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward
Fintech News

Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward

PR Newswire
Backing from TruStage Ventures and other investors will advance Happy Money’s mission of happier lending and accelerate the company’s growth in its next chapter. Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced that TruStage Ventures and other major institutional investors are entering into a strategic......
Bumble Inc. Announces Third Quarter 2023 Results
Finance Fintech News

Bumble Inc. Announces Third Quarter 2023 Results

Business Wire
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. today reported financial......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
Qualtik Partners with JAM FINTOP
Banking News

Qualtik Partners with JAM FINTOP

PR Newswire
Qualtik, a technology company that equips community banks and other commercial lenders with software to visualize risk, analyze, and report on their commercial loan portfolios, has partnered with JAM FINTOP. JAM FINTOP(1) is a venture capital firm that invests in bank technology on behalf of regulated financial institutions. “The rapidly rising......
Gulfport Energy Announces Pricing of Block Trade of 653,464 Shares of Common Stock by Selling Stockholders
Fintech News

Weatherford Announces $550 Million Credit Facility with $300 Million Borrowing Capacity

GlobeNewswire
Weatherford International plc announced a five-year credit facility that is effective with aggregate commitments of $550 million. The facility is comprised of a $250 million tranche available for performance letters of credit and a $300 million tranche available as a cash revolver. There is also the optionality of a $200......
New Study Reveals The Living Desert Zoo And Gardens Generates An Impressive $530 Million In Economic Impact For The Coachella Valley In California
Fintech News

NiSource Inc. announces Federal Energy Regulatory Commission approval of sale of 19.9% equity interest in NIPSCO

Business Wire
NiSource Inc. announced today the Federal Energy Regulatory Commission (FERC) granted approval of the acquisition of a 19.9% equity interest in the company’s Northern Indiana Public Service Company LLC (NIPSCO) subsidiary by an affiliate of Blackstone Infrastructure Partners (NYSE: BX). As previously announced, upon closing of the transaction, the Blackstone......
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