Search Results for: cash flow management

REPAY Announces the Acquisition of cPayPlus
Business Fintech News

REPAY Announces the Acquisition of cPayPlus

Fintech News Desk
by Fintech News Desk0
Accounts Payable Automation Acquisition Strengthens B2B Offering(Repay) Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced the acquisition of cPayPlus, LLC (“cPayPlus”) for up to $16.0 million, of which $8.0 million was paid at closing. The remaining $8.0 million may become payable in the third quarter of 2021,......
Phoenix American Releases White Paper on the Impacts of the COVID-19 Pandemic Crisis on Venture Capital and 2020 Outlook for the Industry
Fintech Fintech Funding Investment Services News

Phoenix American Releases White Paper on the Impacts of the COVID-19 Pandemic Crisis on Venture Capital and 2020 Outlook for the Industry

Fintech News Desk
by Fintech News Desk0
Report Provides Insights and Data on Fundraising, Investment Opportunities and Considerations for VCs and Startups Going Forward  Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the initial impacts of the COVID-19 pandemic crisis on the venture capital industry. Venture Capital & COVID-19:......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
by Fintech News Desk0
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
Wolters Kluwer FRR Launches OneSumX for Risk Management in China
Fintech News

Wolters Kluwer Lien Solutions Launches Technology Solution to Support Main Street Lending Program Participants

Fintech News Desk
by Fintech News Desk0
Wolters Kluwer Lien Solutions has launched iLien for Main Street – a technology solution devoted to helping U.S. lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program (Program). The Program is part of the U.S. Coronavirus Aid, Relief, and......
FDCTech Signs Term Sheet to Acquire 100% Equity Interest in Genesis Financial, Inc.
Business Fintech Investment Services News

Genesis Financial, Inc. Completes Acquisition of Ballast Group and Cosight Financial Limited

Fintech News Desk
by Fintech News Desk0
Genesis Financial, a globally diversified financial services company with a focus on Fintech Investment, Wealth Management and Lending Platforms, announced that it successfully completed its acquisition of Ballast Holdings Pty Ltd. (Ballast Group) on June 30, 2020. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition Ballast operates as......
Atradius: Huge Rise in Late Payments as Pandemic Recession Bites
Business Fintech InsurTech News Risk Management

Atradius: Huge Rise in Late Payments as Pandemic Recession Bites

Fintech News Desk
by Fintech News Desk0
Atradius survey shows how COVID-19 has begun to affect USMCA businesses Cash flows are squeezed as USMCA feels effect of COVID-19. A survey into business-to-business (B2B) payment behaviour has revealed a massive increase in late payments across USMCA. The annual USMCA Payment Practices Barometer is a poll of businesses throughout the USA, Mexico and Canada. This......
KBRA Analytics Announces the Launch of KBRA Financial Intelligence (KFI)
Fintech News

KBRA Assigns Preliminary Ratings to Citigroup Commercial Mortgage Trust 2020-WSS

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to four classes of Citigroup Commercial Mortgage Trust 2020-WSS, a $413.25 million CMBS single-borrower transaction. The collateral for the securitization consists of a $435.0 million non-recourse, first lien, floating-rate mortgage loan that is secured by the......
HighRadius Continues European Expansion with Opening of Frankfurt, Germany Office
Fintech News

HighRadius Continues European Expansion with Opening of Frankfurt, Germany Office

Fintech News Desk
by Fintech News Desk0
HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, announced further expansion in the EMEA region after posting triple-digit YoY growth. Read More: Fintech Europe Selects Ten Startups for its Fifth Batch “Frankfurt’s position in central Germany makes other parts of the country......
Merchants Capital Launches Clik.ai to Automate Loan Servicing Operations
Artificial Intelligence Banking Fintech News

Merchants Capital Launches Clik.ai to Automate Loan Servicing Operations

Fintech News Desk
by Fintech News Desk0
Clik.ai, a fastest growing automated underwriting platform that helps brokers and lenders underwrite faster, announced it has entered an agreement with Merchants Capital, a top nationwide mortgage banking company with expertise in multifamily, affordable, senior and student housing finance, to implement Clik.ai’s AI-driven workflow automation engine into Merchants’ loan servicing......
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