Search Results for: money

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
by Fintech News Desk0
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......
Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
by Fintech News Desk0
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
BB&T and Suntrust Complete Merger of Equals to Become Truist
Banking News

BB&T and Suntrust Complete Merger of Equals to Become Truist

Fintech News Desk
by Fintech News Desk0
Clients to Be Served Through the BB&T and Suntrust Brands Until Conversion Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., effective Dec. 6, 2019. Truist is the sixth largest US commercial bank, serving approximately 10 million consumer households and a......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
Artificial Intelligence News

Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
by Fintech News Desk1
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
by Fintech News Desk0
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group
Business Fintech News

TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group

Fintech News Desk
by Fintech News Desk0
Tata Consultancy Services’ End-to-end Compliance Framework, Domain Capabilities, and Investments in Blockchain and Cloud Solutions, Cited as Key Strengths Tata Consultancy Services (TCS) , one of the leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Financial Crime......
MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)
Banking News

MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)

Fintech News Desk
by Fintech News Desk0
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups, announced that MUFG Union Bank, N.A., the primary banking subsidiary of MUFG Americas Holdings Corporation, has closed a $1 billion bank note offering. The two-tranche transaction is structured as a $700 million fixed rate bank note with a coupon......
Starship Raises $11 million to Expand Access to Health Savings Accounts
Fintech Startups News

Starship Raises $11 million to Expand Access to Health Savings Accounts

Fintech News Desk
by Fintech News Desk0
New Funds and Major Partnership Make Health Savings Accounts More Accessible to Americans, regardless of Employment Status Fresh off of a Series A investment of $7 million led by Valar Ventures—bringing total money raised to $11 million—fintech startup Starship is making portable health savings accounts available to drivers, delivery persons and carriers who use......
Rebel Raises USD $10 Million in Funding to Offer Consumers Affordable Credit
Fintech Funding Fintech Startups News

Rebel Raises USD $10 Million in Funding to Offer Consumers Affordable Credit

Fintech News Desk
by Fintech News Desk0
Investment Round Includes Monashees and Global Venture Investor FinTech Collective Rebel, a digital consumer finance startup that offers middle-class Brazilians access to unsecured credit at affordable rates, has raised USD $10 million in new equity funding. This funding round comes one year after having raised USD $4 million from XP and others. Participants in......
The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies
Banking News

The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies

Fintech News Desk
by Fintech News Desk0
Twice as many Americans expect to use a banking app than visit a physical bank branch in the next three months, with more than 60 percent doing the majority of their banking online. Mobile banking apps have surpassed physical branches as the most critical touchpoint of the banking experience, according to......
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