Search Results for: crypto loans

BNPL’s Meteoric Rise Spells Risk & Reward for Businesses, Marginalized Communities
Digital Payments Fintech News

BNPL’s Meteoric Rise Spells Risk & Reward for Businesses, Marginalized Communities

Fintech News Desk
New warnings from government regulators aren’t stopping consumers from using BNPL—Capterra research shows usage is actually increasing and in some cases uplifting younger, marginalized communities by giving them access to responsible loans Buy now, pay later (BNPL) is surging with consumers despite mounting scrutiny from government regulators. Some experts say......
Carrington Mortgage Services Amasses $122.1 Billion in Servicing Balances
Mortgage News

Carrington Mortgage Services Amasses $122.1 Billion in Servicing Balances

Fintech News Desk
In 2022, CMS has boarded $62.3 billion in loans from 236,000 as a part of MSR purchases, nearly doubling its platform to an impressive $122.1 billion in servicing balances across more than 682,000 customer For a number of years, Carrington Capital Management, the asset management organization of The Carrington Companies, has......
CPS Announces New FinTech-Driven Automotive Financing Platform Enhancements
Fintech News

CPS Announces New FinTech-Driven Automotive Financing Platform Enhancements

Fintech News Desk
New AI, Machine Learning, and FinTech Investments Provide Greater Payment Flexibility and Stronger Front & Back End Processing Systems for Faster and More Accurate Loan Support Consumer Portfolio Services, Inc., an independent specialty FinTech that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit......
Lincoln Financial Group Announces Launch of Financial Wellness Marketplace for Employer Customers
Finance News

Lincoln Financial Group Announces Launch of Financial Wellness Marketplace for Employer Customers

Fintech News Desk
Available through Lincoln’s proprietary WellnessPATH solution, the marketplace will connect employees with financial wellness resources, starting with student debt solutions in 2023 Lincoln Financial Group’s Workplace Solutions business announced an expansion of its financial wellness program with the launch of a new marketplace that connects individuals with partner companies that offer......
Figure Acquisition Corp. I Announces Intention of Business Combination with a Large Warehouse Lender and Bank Holding Company
Banking News

Figure Acquisition Corp. I Announces Intention of Business Combination with a Large Warehouse Lender and Bank Holding Company

Fintech News Desk
Figure Acquisition Corp. I, a publicly traded special purpose acquisition company, is in discussions with a large warehouse lender and bank holding company with nationwide residential mortgage lending and servicing operations (the “Bank”) regarding a potential merger (the “Proposed Transaction”). The Company and the Bank have signed a non-binding letter......
Finance Investments News

Newtek Secures Approximately $300 Million In Debt Financing To Further Its Growth And Objectives For 2023

Fintech News Desk
Newtek Business Services Corp. announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP, has closed a $150 million leverage facility from a well-known investment bank to be used to fund the acquisition of non-conforming conventional loans made to middle-market companies as well as small businesses. In addition, Newtek’s......
JG Wentworth Acquires Fintech Lending Platform from Stilt
Fintech Lending News

JG Wentworth Acquires Fintech Lending Platform from Stilt

Fintech News Desk
JG Wentworth acquires a Silicon Valley Fintech digital consumer lending platform accelerating entry into consumer lending JG Wentworth is pleased to announce that it has acquired the digital lending platform from Stilt Inc., a San Francisco-based fintech and personal loan lender. Stilt was backed by leading venture capital firms, raised $322 Million in......
Tidal Financial Group Launches its First Credit ETF Focused on Senior Secured Corporate Credit Opportunities
Investment Services News

Tidal Financial Group Launches its First Credit ETF Focused on Senior Secured Corporate Credit Opportunities

Fintech News Desk
Tidal Financial Group, a leading ETF investment and technology platform, announced the listing of the Senior Secured Credit Opportunities ETF an actively managed secured credit fund managed by Gateway Credit Partners (“Gateway”). The fund seeks to generate consistent income and preserve capital by investing primarily in a combination of first......
Carputty Brings The Power of AI to Auto Financing and Ownership
Finance Fintech Funding News

Carputty Announces $12.3 Million Series A Funding to Modernize Auto Financing

Fintech News Desk
Latest funding led by Fontinalis Partners and TTV Capital will accelerate development of company’s data-driven platform and expedite nationwide availability of new type of auto financing Carputty, a fintech company modernizing both auto financing and ownership, announced the closing of a $12.3 million Series A funding round. This raise, co-led......
Origence and Eltropy Partner to Deliver Streamlined Loan Origination Experience
Lending News

Origence and Eltropy Partner to Deliver Streamlined Loan Origination Experience

Fintech News Desk
Credit Union lenders can now use Eltropy within Origence arc OS to achieve higher closing rates Origence, the leading lending technology solutions provider for credit unions, announced a partnership with Eltropy, the leading digital communications platform for community financial institutions (CFIs). With the partnership, Eltropy will integrate its lending communication capabilities......
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