Search Results for: credit commitments

Avant Expands Debt Warehouse
Fintech News

Avant Expands Debt Warehouse

Fintech News Desk
by Fintech News Desk0
Funding commitments support rapidly expanding credit card and personal loan book Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced it has successfully closed renewals of lines of credit totaling $425 million from JP Morgan Chase, Waterfall Asset Management and funds managed by Ares......
Former Bitcoin.com CEO Launches Sonic Capital, Asia's First Tokenized Venture Investment Fund
Blockchain Fintech Fintech Funding Investment Services News

Former Bitcoin.com CEO Launches Sonic Capital, Asia’s First Tokenized Venture Investment Fund

Fintech News Desk
by Fintech News Desk0
Sonic to support startups that use blockchain technology to provide solutions to environmental and social challenges, with a focus on the carbon credit markets Former Bitcoin.com CEO Stefan Rust announced the launch of Sonic Capital, Asia’s first venture capital and impact investment fund to be tokenized on the blockchain. Read More: Corporate Spending......
FICO Data: UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic
Big Data Fintech News

FICO Data: UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic

Fintech News Desk
by Fintech News Desk0
New data from global analytics software provider FICO reveals that UK consumers found contact with lenders difficult in the early days of the pandemic. Now, as another country-wide lockdown begins and the number of financially vulnerable customers rises, the FICO research highlights the importance of timely, tailored communications with customers......
Three Ways Buy Now Pay Later Reduces Cart Abandonment
Business Fintech Guest Posts

Three Ways Buy Now Pay Later Reduces Cart Abandonment

Brad Paterson
by Brad Paterson0
Cart abandonment is a major source of revenue loss for eCommerce businesses, causing a $4.6 trillion annual loss globally. And according to Statista, 88% of all items shoppers add to their virtual carts remain unpurchased. Several factors contribute to cart abandonment, especially lack of transparency including hidden shipping costs, limited......
MarketFinance awarded £10m grant to bring choice and competition in supporting more businesses
Business Fintech News

MarketFinance Awarded £10m Grant To Bring Choice And Competition In Supporting More Businesses

Fintech News Desk
by Fintech News Desk0
– Customers: the grant will help expand services to 3.5m sole traders and younger SMEs who will benefit from easy-to-use finance options – Products: MarketFinance to create more business lending products where customers will be able to personalise finance options to suit their needs – Partnerships: In building on successful......
PollyEx™ Announces Integration With Freddie Mac's Cash-Released XChange(SM)
Fintech News Trading

PollyEx™ Announces Integration With Freddie Mac’s Cash-Released XChange(SM)

Fintech News Desk
by Fintech News Desk0
Integration enables lenders to seamlessly modify, extend and pair out of existing Freddie Mac commitments directly through PollyEx’s Loan Trading Exchange PollyEx™ Inc., a provider of SaaS solutions for the mortgage industry, today announced that it has completed its integration with Freddie Mac’s Cash-Released XChangeSM, enabling Freddie Mac sellers the......
Fintech Equality Coalition Created to Help Fight Racial Inequality in the Industry
Fintech News

Fintech Equality Coalition Created to Help Fight Racial Inequality in the Industry

Fintech News Desk
by Fintech News Desk0
Coalition is composed of fintech companies working together to actively fight inequality within the industry and in society. Leaders of the fintech industry announced the creation of the Fintech Equality Coalition. The coalition will function as a working group to actively fight inequality both within the fintech industry as well......
BillingPlatform Announces BillingCloud on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace
Business Fintech News Risk Management Robotic Process Automation

BillingPlatform Announces CollectionsCloud, Revolutionizing Debt Management and Collections

Fintech News Desk
by Fintech News Desk0
Easy-to-use software allows customers to track and automate collections activities, optimizing productivity and minimizing revenue leakage(BillingPlatform) BillingPlatform, the leading global cloud-based monetization and billing solution provider, announced CollectionsCloud, an innovative new product built on industry best practices and in partnership with key enterprise customers. The solution combines automated collections management......
Spending Trends From Quicken Users Highlight COVID-19 Impact
Fintech News

Quicken Survey Shows Millennials Likely to Flee Cities Over the Next Year

Fintech News Desk
by Fintech News Desk0
More than one-third of millennials renting apartments in cities are considering leaving the city, half citing cost of living as main factor Quicken Inc., maker of America’s best-selling personal finance software, today shared results from a recent survey of more than 1,000 millennials renting apartments in urban areas. While 93%......
CommonBond Sets Record with Latest AAA Securitization
Fintech Fintech Funding Investment Services News

CommonBond Sets Record with Latest AAA Securitization

Fintech News Desk
by Fintech News Desk0
The deal was 7x oversubscribed on its senior bonds – a company record CommonBond, a leading financial technology company, announced the completion of its latest securitization totaling over $225 million in loans, setting a company record, for the most investor demand relative to bonds available, at 7x. The securitization received AAA......
1