Search Results for: credit facility

equifax
Finance Fintech News

Mswipe Develops Industry First Msme Score for Risk Based Credit

Fintech News Desk
Partners with Equifax to differentiate risks by assessing alternate data to bureau score Helping banks, financial institutions and non-bank finance companies (NBFCs) to better assess micro, small and medium enterprise (MSMEs) for credit solutions, Mswipe announced an industry first hybrid credit score in partnership with Equifax. The score adds a quintessential layer......
Tribal Credit Raises $34.3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets
Digital Fintech News

Tribal Credit Raises $34.3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets

Fintech News Desk
QED Investors, PFG lead Series A and debt rounds. BECO Capital, Global Ventures, Endeavor Catalyst, Endure Capital and SDF join the round Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, announced today closing a combined Series A and debt round of $34.3 million. The......
S&P Global Market Intelligence Ranks the Best-Performing Community Banks and Credit Unions for 2020
Markets News

S&P Global Market Intelligence Ranks the Best-Performing Community Banks and Credit Unions for 2020

Fintech News Desk
S&P Global Market Intelligence released its annual rankings for 2020’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets less than $3 billion, and top-performing credit unions. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play a significant......
Generate Announces Launch of Generate Credit Platform to Expand Sustainable Infrastructure Lending
Finance Fintech News Risk Management

Generate Announces Launch of Generate Credit Platform to Expand Sustainable Infrastructure Lending

Fintech News Desk
NY Green Bank Founding President Alfred Griffin to Lead New Division Generate, a leading sustainable infrastructure company, announced it is launching a dedicated credit business to provide flexible financing solutions to technology companies and project developers at the forefront of the Infrastructure Revolution. Alfred Griffin, founding president of the NY......
MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion
Fintech News Trading

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion

Fintech News Desk
MODIFI will use the funds to expand into the US, as well as address increasing demand in its existing markets. MODIFI’s digital trade finance platform provides SMEs with buyer and seller financing in a matter of days. MODIFI tripled its business in 2020 and launched in four new markets during......
LendingPoint Closes Up to $110 Million Mezzanine Facility with Midcap Financial Trust and Apollo Investment Corporation
Fintech Investment Services News

LendingPoint Closes Up to $110 Million Mezzanine Facility with Midcap Financial Trust and Apollo Investment Corporation

Fintech News Desk
Profitable LendingPoint attracts corporate mezzanine to expand origination capacity LendingPoint Consolidated, Inc., parent of the financial technology platform LendingPoint, announced the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust (MidCap), managed by a subsidiary of Apollo Global Management, Inc. and......
Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
Banking Fintech Investment Services Mobile Banking News

Petal Gets $125m Debt Facility

Fintech News Desk
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups
Artificial Intelligence Fintech Fintech Startups News

Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups

Fintech News Desk
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, has secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm, to launch an innovative financing platform enabling startups to receive cash advances on R&D tax credits......
Splitit Secures $150m Facility From Goldman Sachs
Fintech Fintech Funding News

Splitit Secures $150m Facility From Goldman Sachs

Fintech News Desk
Splitit Payments Limited (“Splitit” or the “Company”), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business. Read More: How Blockchain and DeFi are Impacting Fintech The new three-year revolving facility complements the......
Stilt Gets $100m Debt Facility From Silicon Valley Bank
Banking Business Fintech Fintech Funding News

Stilt Gets $100m Debt Facility From Silicon Valley Bank

Fintech News Desk
Stilt, the leading provider of financial services for immigrants, today announced it has raised a $100 million warehouse facility from Silicon Valley Bank, the bank of the world’s most innovative companies and their investors. Read More: Rocket Vault Finance Partners With Blockpass Before Tokensale To date, Stilt has raised a......
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