Search Results for: equity

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank
Banking News

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

Fintech News Desk
FinVolution Group , a leading fintech platform in China, announced the completion of an equity investment in Fujian Haixia Bank (“FHB”). Pursuant to the share purchase agreement, FinVolution Group has subscribed for 281 million of newly issued shares of FHB which accounted for approximately 4.99% of FHB’s total issued shares......
New Day Founder Joins UK Fintech Curve to Lead its New Credit Business
Business Fintech Funding News

New Day Founder Joins UK Fintech Curve to Lead its New Credit Business

Fintech News Desk
Paul Harrald Heads New Curve Credit Business Line; Believes Curve Could Be Bigger Than Klarna Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and app, has appointed Paul Harrald, a founding member of SAV Credit, now New Day, to lead the company’s new......
Great Hill Partners Makes All Cash Offer to Acquire VersaPay Corporation
Capital Markets News

Great Hill Partners Makes All Cash Offer to Acquire VersaPay Corporation

Fintech News Desk
VersaPay Corporation and Great Hill Partners , a leading growth-oriented private equity firm, are pleased to announce that the Company and an affiliate of Great Hill have entered into a definitive arrangement agreement (the “Arrangement Agreement”) whereby Great Hill will indirectly acquire all of the issued and outstanding common shares......
O'Melveny to Add Five New Partners in 2020
News

O’Melveny to Add Five New Partners in 2020

Fintech News Desk
Five outstanding lawyers reflecting O’Melveny broad capabilities and commitment to diversity have been named to the firm’s 2020 partner class: Matthew Hinker (New York), Tracie Ingrasin (New York), Madhu Pocha (Century City), Laurel Loomis Rimon (Washington DC), and Sevda Staykova (London). “Our new partners are rising stars in their respective practice areas,” said Bradley J. Butwin, chair of O’Melveny. “They have......
Apprise Continues Expansion, Launching Dedicated Financial Reporting Valuation Group
Capital Markets News

Walker & Dunlop Grows Capital Markets Team in Chicago

Fintech News Desk
Walker & Dunlop, Inc. announced that it has expanded its debt brokerage team in the Midwest with the addition of Managing Directors Tim Noonan and Dave Hendrickson, and Senior Vice President Pat Modig. Based in Chicago, Illinois, the team will be responsible for sourcing and structuring financing for all commercial real estate asset classes throughout the......
Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company
Banking Investment Services News

Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company

Fintech News Desk
Arcline Investment Management (“Arcline”), a growth oriented private equity firm with $1.5 billion of capital under management, announced that it has signed a definitive agreement to acquire Fairbanks Morse (“the Company”), an EnPro Industries company , for $450 million. Fairbanks Morse develops and manufactures heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse......
The Timken Company Celebrates 120th Anniversary by Ringing NYSE Closing Bell
Fintech News

The Timken Company Celebrates 120th Anniversary by Ringing NYSE Closing Bell

Fintech News Desk
To celebrate the company’s 120th anniversary, representatives from The Timken Company rang the closing bell at the New York Stock Exchange this afternoon. A world leader in engineered bearings and power transmission products, Timken has played a role in landmark innovations from the Wright Brothers’ first flight and Henry Ford’s Model T to......
Nav Launches Free Calculator to Help Business Owners Estimate PPP Forgiveness
Business Fintech Funding News

Nav Named a Best Company to Work For By Utah Business Magazine

Fintech News Desk
Nav, a Draper-based fintech company that matches business owners with their best financing options for free, announced that Utah Business magazine named it one of Utah’s “2019 Best Companies to Work For.” Nav was honored in the Medium Business category during the Utah Business Best Companies To Work For awards banquet at the Grand America......
One Concern Hires CFO, CPO and Japan Country Manager
Fintech News

One Concern Hires CFO, CPO and Japan Country Manager

Fintech News Desk
One Concern, a Resilience-as-a-Service solution that brings disaster science together with machine learning for better decision making, announced that it has recently made three important senior leadership hires. One Concern has hired William Atkins as Chief Financial Officer, Ojas Rege as Chief Product Officer, and Hitoshi Akimoto as Japan Country Manager. “We were very deliberate......
Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing
Fintech Funding News

Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing

Fintech News Desk
Avianca Informed Today That It Has Successfully Reprofiled Substantially All of Its Debt and Lease Obligations, Consistent With the Financing Plan It Laid out in June of This Year United and Kingsland Have Funded Their Previously-Disclosed USD $250 Million Commitment, Investing in Four-Year Senior Secured Term Loans Which Are Mandatorily......
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