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Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community
Digital Finance News

Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community

Fintech News Desk
by Fintech News Desk0
Lument recently provided Inman Equities a $25.5 million proprietary bridge loan to facilitate the acquisition and renovation of Canopy Creek Apartments, a 288-unit multifamily community in Jacksonville, Florida. Trey Palmedo, vice president in Lument’s Nashville office, led the transaction. “It was a pleasure to once again work with Inman Equities, a top-notch sponsor on the rise,......
CSU Launches First Hybrid Processing Platform of Electronic Transactions in Latin America
Digital Payments News

CSU Launches First Hybrid Processing Platform of Electronic Transactions in Latin America

Fintech News Desk
by Fintech News Desk0
Company grows at a fast pace and intends to serve new markets and clients with the use of the new flexible systems platform CSU CardSystem S.A., a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients’ loyalty and incentives – continues to......
Okta Welcomes Experienced Financial Executive Jeff Epstein to Board of Directors
Business Cloud Finance News

Okta Welcomes Experienced Financial Executive Jeff Epstein to Board of Directors

Fintech News Desk
by Fintech News Desk0
Brings Significant Public Company, Financial, Global Enterprise Technology and Marketplace Expertise Jeff to Serve as Audit Committee Chair Okta, Inc., the leading independent provider of identity for the enterprise, announced the appointment of Jeff Epstein, the former Chief Financial Officer of Oracle, to its board of directors, effective May 25,......
Banking Digital News Risk Management

Nirvana Technology Hires Senior Fintech Leader Amit Singh as Chief Credit & Risk Officer

Fintech News Desk
by Fintech News Desk0
Nirvana Technology (Nirvana), a global digital bank, announces the appointment of Amit Singh as its Chief Credit & Risk Officer to build and lead the credit and risk functions of the company. Those responsibilities will include automated best in class underwriting capabilities targeting the full credit spectrum. Singh will fully own the customer’s......
DeFinity announces European Family Office FX Settlement Collaboration
Cryptocurrency Digital Fintech Investments News

DeFinity announces European Family Office FX Settlement Collaboration

Fintech News Desk
by Fintech News Desk0
DeFinity, a decentralised finance (DeFi) marketplace for fiat foreign exchange, tokenised currencies, and central bank digital currencies (CBDC), engages with Montgomery Lake (UK) to enable a network of European family offices to implement a near real-time FX settlement ecosystem. Montgomery’s existing technology infrastructure and investment in over-achieving FinTech businesses provides for a......
OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses
Banking Fintech News

OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses

Fintech News Desk
by Fintech News Desk0
OneTeam Capital announced that it has entered into an agreement with Linear Financial Technologies to deliver working capital solutions to small businesses in the United States. “As evidenced by recent optimism expressed by small businesses, the fog is lifting on a post-pandemic US economy. That, coupled with the phase-out of the......
Vesttoo Appoints Former State Street Bank and Credit Suisse Executive to Lead Growth of $1B Insurance-Linked Program
Banking Finance News

Vesttoo Appoints Former State Street Bank and Credit Suisse Executive to Lead Growth of $1B Insurance-Linked Program

Fintech News Desk
by Fintech News Desk0
Robert Schumaker brings 20 years of experience in building highly profitable solutions for leading financial institutions, and will lead Vesttoo’s Insurance-Linked Program (ILP), providing investors with long-term, sustainable alpha generated by a security-based collateral program Vesttoo Ltd., a leading global Alternative Reinsurance platform, is very proud to announce that Robert Schumaker,......
FortisPay Doubles Down on Integrated Commerce Acquiring EpicPay and Change Merchant Solutions
Commerce Digital Payments News

FortisPay Doubles Down on Integrated Commerce Acquiring EpicPay and Change Merchant Solutions

Fintech News Desk
by Fintech News Desk0
FortisPay announces two acquisitions to offer PayFac capabilities and expand into new markets. The strategic investment will enable a full suite of commerce experiences and engagement models for technology partners looking to scale Fortis Payment Systems, LLC (FortisPay), a payment technology leader for businesses, independent software vendors (ISVs), and developers......
GoSite Names PayPal, Amazon, GoDaddy Leaders to Top Roles to Grow All-in-one Small Business Platform
Digital Fintech News

GoSite Names PayPal, Amazon, GoDaddy Leaders to Top Roles to Grow All-in-one Small Business Platform

Fintech News Desk
by Fintech News Desk0
Bhavin Rawal, Randall Turner, and Gary Arnold bring decades of small business expertise to GoSite GoSite, an all-in-one platform for small businesses selling services, announced three top level hires – Bhavin Rawal, Randall Turner, and Gary Arnold – to further invest in supporting small business growth. The all-in-one, cloud-based platform and mobile app......
Polymath Grows Polymesh Blockchain Node Operators with Scrypt Asset Management AG
Blockchain Cryptocurrency Investments News Trading

Polymath Grows Polymesh Blockchain Node Operators with Scrypt Asset Management AG

Fintech News Desk
by Fintech News Desk0
Scrypt joins a growing network of capital market participants who will assist in securing Polymath’s purpose-built blockchain for regulated assets Scrypt Asset Management AG (“Scrypt”), a Swiss company that provides institutional investment solutions for digital assets, is now running an authoring node on the new Polymesh blockchain. Polymesh, currently in......
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