Search Results for: credit commitments

Fly Now Pay Later Secures USD $75m From Atalaya Capital Management to Continue Its Rapid International Roll Out
Fintech News

Fly Now Pay Later Secures USD $75m From Atalaya Capital Management To Continue Its Rapid International Roll Out

Fintech News Desk
– Juniper Research anticipates that Buy Now, Pay Later (BNPL) will account for more than 50% of the market for embedded finance by 2026. – Domestic travel spend in the United States is forecast to hit 968 billion U.S. dollars by 2024, according to Statista. – BNPL continues to earn......
iCapital Network Announces Latest Funding Round Led by WestCap
Finance News

iCapital Network Announces Latest Funding Round Led by WestCap

Fintech News Desk
New investor Apollo is the latest preeminent alternatives manager to make strategic investment, highlighting iCapital’s global leadership in facilitating access to alternative investments iCapital Network, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced that it has closed......
Novea Closes $55 Million Funding for FinTech Jacana Warranty's InsureTech Platform
Finance Investment Services News

Novea Inc. Closes $55 Million Funding for FinTech Jacana Warranty’s InsureTech Platform

Fintech News Desk
Novea, Inc., a financial technology software company founded in 2015, announced that it has closed $50 million in equity and $5 million debt financing. The equity proceeds will go towards wholly-owned subsidiaries of Novea, Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which is revolutionizing the consumer......
As Part of OppFi’s Next Phase, Neville Crawley Will Succeed Jared Kaplan as OppFi CEO
Fintech News

As Part of OppFi’s Next Phase, Neville Crawley Will Succeed Jared Kaplan as OppFi CEO

Fintech News Desk
Former CEO of Kiva, Crawley brings deep experience and expertise in fintech, technology and serving financially excluded populations OppFi Inc., a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced that its Board of Directors, led by Founder and Executive Chairman Todd Schwartz,......
Lucy Labs Raises $3 Million From DeepWork Capital, Cogent Bancorp And Other Strategic Investors
Cryptocurrency News Trading

Lucy Labs Raises $3 Million From DeepWork Capital, Cogent Bancorp And Other Strategic Investors

Fintech News Desk
Lucy Labs, a multi-strategy cryptocurrency asset management firm focused on developing and applying quantitative and fundamental trading strategies, has raised a total of $3 million to expand the firm’s infrastructure, hire additional investment professionals and incubate additional trading strategies. The round was led by DeepWork Capital, an early-stage venture capital firm investing......
Usio Announces Closing of $1 Million Strategic Investment by Premier Cryptocurrency Partner, Voyager Digital
Cryptocurrency News

Usio Announces Closing of $1 Million Strategic Investment by Premier Cryptocurrency Partner, Voyager Digital

Fintech News Desk
Usio, Inc. , a fintech integrated electronic payment solutions provider, announced the closing of a private placement of 142,857 shares of common stock, at a purchase price of $7.00, for net proceeds of $1 million. The shares were priced using a five-day weighted average at the market price with November......
Bank of America Invests $10 Million in Johnson C. Smith University
Banking Fintech News

Bank of America Invests $10 Million in Johnson C. Smith University

Fintech News Desk
The partnership is the latest in a number of commitments the bank has made supporting the Mayor’s Racial Equity Initiative Bank of America announced a multi-year, $10 million commitment to Charlotte-based Johnson C. Smith University (JCSU), one of the leading private liberal arts Historically Black Colleges and Universities in the South. Bank of America’s pledge......
WEOWNS - the World's First People's Cryptocurrency
Cryptocurrency Digital News

WEOWNS – the World’s First People’s Cryptocurrency

Fintech News Desk
WEOWNS is a cryptocurrency with the goal of being the world’s first cryptocurrency for the people. It allows everyone to build up capital income ownership in an economy that gives more benefits back to those who contribute. It can be found on popular decentralized exchange UNISWAP and it will have......
Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry
Fintech Mortgage News

Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry

Fintech News Desk
New TransUnion study analyzes the creditworthiness of this consumer segment and how lenders can grow market share and revenue  Low-to-moderate income (LMI) consumers have traditionally been overlooked in the mortgage market and trail non-LMI consumers in terms of homeownership. A new study from TransUnion suggests closing this gap could yield mortgage......
Over $40 Million Investment to Kickstart $20 Billion in Carbon Capture Projects
Investments News

Evolution Equity Partners Close $400 Million for Cybersecurity Investment in Oversubscribed Fund Raise

Fintech News Desk
The Firm Expands Capital Base, Team and Platform Addressing a Rapidly Growing Cybersecurity Investment Opportunity Evolution Equity Partners announced the final closing of a new fund and total capital commitments of $400 million to make investments in cybersecurity and enterprise software companies that safeguard our digital world. The fund raise was......
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