Search Results for: credit facility

Lendahand-agrees-to-5-million-euro-debt-facility-for-Funding-Societies-to-support-under-served-SMEs-in-Southeast-Asia
Banking Fintech Fintech Funding News

Lendahand Agrees To 5 Million Euro Debt Facility For Funding Societies To Support Under-served SMEs in Southeast Asia

Fintech News Desk
Lendahand, a Dutch-based crowdfunding platform for SMEs in emerging markets, has agreed to provide Singapore-based Funding Societies with up to 5 million euros to invest in underserved SMEs, predominantly in Indonesia, but also including Singapore and Malaysia. Southeast Asia’s leading SME digital financing platform, Funding Societies (known as Modalku in......
Kredivo-Closes-up-to-US_100m-Warehouse-Financing-Facility-with-Victory-Park-Capital-to-Boost-Indonesian-Expansion
Business Fintech

Kredivo Closes Up To US$100m Warehouse Financing Facility With Victory Park Capital To Boost Indonesian Expansion

Fintech News Desk
Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Victory Park Capital Advisors, LLC (“VPC”), a leading private credit specialist headquartered in Chicago, announced today the closing of a committed debt facility of up to US$100 million to fund consumer loans for Kredivo’s borrowers in Indonesia. The......
Silicon Valley Bank Provides Risk Retention Facility to SoFi
Banking Fintech News Risk Management

Silicon Valley Bank Provides Risk Retention Facility to SoFi

Fintech News Desk
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced that it has entered into a multi-million risk retention financing agreement with SoFi, the digital personal finance company. This agreement provides financing to be used for SoFi’s risk retention bonds as part of their asset-backed......
Quadpay Reimagines ‘Buy Now, Pay Later’ Shopping Experience with Quadpay for Chrome
Business Capital Markets Fintech News

QuadPay Secures Revolving Line of Credit of Up to $200 million from Goldman Sachs, Oaktree Capital

Fintech News Desk
QuadPay, which will use the facility to expand its buy now, pay later business to new merchants across the US, secured the line of credit through the Finitive private credit platform High-growth, US-based payment installment platform QuadPay announced that it has secured a senior secured committed revolving line of credit of......
Paymerang Earns #1 Ranking as Top Workplace in Richmond
Fintech News

SeQura closes an agreement with Chenavari for a debt facility of up to 200 Million Euros

Fintech News Desk
SeQura, the leading online payment platform in Spain, has reached an agreement with Chenavari to have a debt facility of up to 50 Mio Euros in the first phase and with the possibility to scale it up to 200 Mio Euros. This partnership will be key to supporting its growth, innovation......
NPCI Introduces UPI AutoPay Facility for Recurring Payment
Fintech Mobile Banking News

NPCI Introduces UPI AutoPay Facility for Recurring Payment

Fintech News Desk
Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments. With this new facility introduced under UPI 2.0, customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance,......
Shift4 Payments: Merchant Transaction Volume Finds Momentum Throughout Summer
Mobile Banking News

Shift4 Payments Named the Official Credit Card Processing Company of the Las Vegas Raiders

Fintech News Desk
Shift4 also Named a Sponsor of Allegiant Stadium Shift4 Payments (NYSE: FOUR), a leading provider of integrated payment processing solutions, is proud to announce today its designation as the Official Credit Card Processing Company of the Las Vegas Raiders and Allegiant Stadium and a sponsor of the stadium. Read More:......
Greensill Accredited by British Business Bank to Provide CLBILS Invoice Finance Scheme
Banking Business Fintech News

Greensill Accredited by British Business Bank to Provide CLBILS Invoice Finance Scheme

Fintech News Desk
Greensill, the leading provider of working capital finance for businesses and people globally, is pleased to announce that it has been approved by the British Business Bank as a new accredited lender to provide invoice finance through the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Read More: Jack Henry & Associates......
Bay Point Advisors Provides $7.5M DIP Loan to Cryptocurrency Mining Facility in Atlanta
Blockchain Cryptocurrency Fintech News

Bay Point Advisors Provides $7.5M DIP Loan to Cryptocurrency Mining Facility in Atlanta

Fintech News Desk
Bay Point Advisors announces it has entered into a senior secured debtor-in-possession (“DIP”) financing agreement with a network of blockchain mining companies comprising VC Mining Enterprises Inc., Godby DC-5 LLC, Godby DC-4 LLC, Hemphill Avenue LLC, and Virtual Citadel LLC (collectively “the Company”), which has filed for bankruptcy protection under......
Republic Provides a $1.5 million Facility to a Midwestern Transportation Company
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

Admin
Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
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