Search Results for: economy

OakNorth Deploys Its Proprietary COVID-19 Credit Framework With One of the Leading Credit Providers to Middle Market Companies
Economy Fintech News

OakNorth Deploys Its Proprietary COVID-19 Credit Framework With One of the Leading Credit Providers to Middle Market Companies

Fintech News Desk
by Fintech News Desk0
OakNorth, the next-generation credit and monitoring platform, announces the signing of a commercial agreement with PNC Bank, one of the leading credit providers to middle market companies across the country. The unprecedented scale and rapid escalation of this crisis has created unimaginable impact on the economy. As a result, commercial lenders......
Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression
Economy Fintech News

Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression

Fintech News Desk
by Fintech News Desk0
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base case for the US suggests that it will take until mid-decade for the economy to return to full-employment. Mark Zandi, Chief Economist at Moody’s Analytics, describes......
Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures
Business Capital Markets Economy Fintech Fintech Funding Investment Services News

Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures

Fintech News Desk
by Fintech News Desk0
Powerlytics, a data provider that has complete, granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, announced that Brewer Lane Ventures, a venture capital firm with a fintech focus, has acquired a $4 million stake in the company. Powerlytics will use the investment......
Featured Fintech

Future-proofing Your Business Strategies: Lessons from Covid-19

Paroma Sen
by Paroma Sen0
The world’s corporate leaders and governments are supposed to be ready for instantaneous change while honing in the ability to pivot their core plans and strategies overnight. However, no one could have been prepared for the effects and impact of the Covid-19 pandemic. While global leaders have dealt with various......
VeriTran and Mambu Partner to Deliver Financial Digital Experiences in Record Time
Banking Business Fintech News

VeriTran and Mambu Partner to Deliver Financial Digital Experiences in Record Time

Fintech News Desk
by Fintech News Desk0
VeriTran, a leading global Low-Code platform provider, and Mambu, a global cloud banking platform, announced their official partnership. The collaboration allows VeriTran’s front-end capabilities to integrate with Mambu’s true SaaS cloud banking platform, resulting in a streamlined solution that assists traditional banks in the US and Latin America launch their digital apps in......
Healthcare Finance Direct and Enova Decisions Team up to Build the New Standard of Patient Underwriting for Elective Healthcare Financing
Artificial Intelligence Economy Fintech News

Healthcare Finance Direct and Enova Decisions Team up to Build the New Standard of Patient Underwriting for Elective Healthcare Financing

Fintech News Desk
by Fintech News Desk0
Healthcare Finance Direct (HFD), a leading FinTech company, and Enova Decisions, an analytics company, announced a strategic partnership to build the new standard of patient underwriting for elective healthcare providers. This advanced patient finance underwriting model is powered by HFD’s platform and Enova Decisions’ consumer lending and real-time analytics expertise.......
Huobi University Looks to Partner with Experts To Reboot Global Blockchain Leadership Program After Covid-19 Pandemic
Blockchain Fintech Investment Services News

Huobi University Looks to Partner with Experts To Reboot Global Blockchain Leadership Program After Covid-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Huobi University, the blockchain education arm of Huobi China is looking to partner with blockchain experts across the world to reboot the Global Blockchain Leadership Programme, the most popular and highly acclaimed top blockchain business education program in China, after the Covid-19 pandemic. Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios,......
Francisco Partners Announces Closing of Nearly $10 Billion in Capital Commitments
Capital Markets Fintech News

Francisco Partners Announces Closing of Nearly $10 Billion in Capital Commitments

Fintech News Desk
by Fintech News Desk0
Francisco Partners (FP) announced the closing of approximately $10 billion in capital commitments across three funds: Francisco Partners VI, L.P., a $7.45 billion equity fund, Francisco Partners Agility II, L.P., a $1.5 billion equity fund, and FP Credit Partners, L.P., a $750 million opportunistic credit fund. Each fund was substantially......
Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
by Fintech News Desk0
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
InterWork Alliance Launches to Standardize Token-Powered Ecosystems Worldwide
Blockchain Fintech News

InterWork Alliance Launches to Standardize Token-Powered Ecosystems Worldwide

Fintech News Desk
by Fintech News Desk0
Platform-Neutral Organization Empowers Businesses to Standardize the Interchange of Tokenized Value Across Use Cases and Networks The InterWork Alliance (IWA) formally launched operations as a platform-neutral, non-profit organization dedicated to creating the standards frameworks needed to increase innovation across token-enabled ecosystems. Distributed applications have the potential to disrupt global economics, but......
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