Search Results for: institutional lending

LendingClub Adds Client-to-Client Sales to Its LCX Automated Loan Auction Platform
Digital Investment Services News

LendingClub Adds Client-to-Client Sales to Its LCX Automated Loan Auction Platform

Fintech News Desk
by Fintech News Desk0
Major Step Forward to Enhance Liquidity of Asset Class LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, announced a major enhancement to its automated loan auction platform, LCX. Institutional investors can now sell LendingClub loans directly to each other on the platform, increasing liquidity for this......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
Okcoin Reports 210% Increase in Institutional Stablecoin Purchases and Surging Demand for Bitcoin DeFi Services Amid Rising Inflation
Cryptocurrency News

Okcoin Reports 210% Increase in Institutional Stablecoin Purchases and Surging Demand for Bitcoin DeFi Services Amid Rising Inflation

Fintech News Desk
by Fintech News Desk0
Q1 activity on Okcoin indicates institutions are increasingly turning to stablecoin investments and decentralized financial services for bitcoin holdings Okcoin, one of the world’s largest and fastest-growing cryptocurrency platforms, reported that stablecoins accounted for 34% of institutional trading volume on Okcoin in Q1 2022, a 25% increase from Q4 2021......
Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
IDC Financial Insights Announces Two New Analyst Team
Blockchain News

IDC Financial Insights Bolsters Analyst Team; Extends Coverage of Digital Lending Transformation and Blockchain, Crypto, and NFT Strategies

Fintech News Desk
by Fintech News Desk0
Raymond Pucci and Phillip Silitschanu Named Research Directors IDC Financial Insights announced two new strategic hires to its analyst team. Raymond Pucci was named Research Director, Worldwide Consumer and Small Business Lending Digital Transformation Strategies, and Phillip Silitschanu was named Research Director, Worldwide Blockchain, Crypto, and NFT Strategies. Together, these accomplished......
Citi Launches New US Deposit Sweep Solution for Institutional Clients
Banking Fintech News

Citi Launches New US Deposit Sweep Solution for Institutional Clients

Fintech News Desk
by Fintech News Desk0
Innovative Deposit Solution offered via IntraFi Yankee Sweep Building on its history of innovation in cash management, Citi’s Treasury and Trade Solutions announced the launch of a new solution to allow institutional clients (Corporate, Public Sector, and Financial Institution) with U.S. accounts to sweep cash into demand deposit accounts at......
Aquila Expands Across Lending Vertical With Acquisition of Tekambi
Lending News

Aquila Expands Across Lending Vertical With Acquisition of Tekambi

Fintech News Desk
by Fintech News Desk0
Aquila announced the acquisition of Lead Envy, LLC, a fintech provider offering underwriting and decisioning software solutions in the consumer lending industry. Established in 2018, Tekambi is a customer-focused online lead management system for alternative credit lenders. With reliability and flexibility at its core, Tekambi is a robust plug-and-play solution......
Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital
Investment Services Lending News

Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Exceeds Target by Over $1 Billion, More Than Double the Size of Predecessor Fund Crescent Capital Group LP, a leading alternative credit investment firm, announced the successful final close of its third direct lending fund, Crescent Direct Lending Fund III (“CDL Fund III”), raising $6 billion in investable capital including......
Securitize Launches New ETH Yield Fund as Onramp For Institutional Investors
Blockchain News

Securitize Launches New ETH Yield Fund as Onramp For Institutional Investors

Fintech News Desk
by Fintech News Desk0
New ETH Fund Complements Securitize’s Bitcoin, S&P Large Cap Crypto and USD Coin Funds in Providing Institutions Access to Cryptocurrencies and Yield Derived from Lending Strategies Securitize Capital, the digital asset management platform offering institutional-grade, tokenized funds,  announced the launch of a regulated ETH Yield Fund, as an onramp for......
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