Search Results for: organic basis

HUB Announces Highly Successful Debt Refinancing and Sizable Increase to Revolving Credit Facility
InsurTech News

HUB Announces Highly Successful Debt Refinancing and Sizable Increase to Revolving Credit Facility

PR Newswire
by PR Newswire0
Transaction increases HUB’s liquidity to fuel acquisitions and strategic initiatives that drive organic growth Hub International Limited (HUB), a leading global insurance brokerage, announced the recent completion of a $6.9 billion debt raise to refinance the company’s $6.4 billion term loan debt that was coming due in 2025, extending the maturity of the......
SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments
Digital Payments News

SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments

PR Newswire
by PR Newswire0
SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will......
SCAM Coin Launches to Expose Crypto Scams and Revolutionize Trust in the Industry
Blockchain Cryptocurrency News

SCAM Coin Launches to Expose Crypto Scams and Revolutionize Trust in the Industry

GlobeNewswire
by GlobeNewswire0
SCAM Coin, a groundbreaking cryptocurrency project aimed at exposing fraudulent behavior and raising awareness of scamming activities, is set to launch on Monday, June 19, at 06 PM UTC. With a mission to create a safer environment in the blockchain and cryptocurrency industry, SCAM Coin seeks to disrupt the industry......
How Do You Promote An Innovation Culture Within Your Organization
Business Featured Fintech Primers Technology

How Do You Promote An Innovation Culture Within Your Organization

Pooja Choudhary
by Pooja Choudhary0
It is imperative that you actively strive to establish an innovative culture within your team as an innovation manager. So how can you accomplish it most satisfactorily? Here are some ideas that might be useful! Create an Innovation Culture in Your Business Craig Wynett, who had been the chief creative......
Valour Announces the Launch of Physically Digital Asset Backed ETP Issuance Platform in Europe
Digital Asset Management News

Valour Announces the Launch of Physically Digital Asset Backed ETP Issuance Platform in Europe

Business Wire
by Business Wire0
Valour launches its EU-wide offering of physically backed Exchange Traded Products on digital assets (ETPs) including white-label solutions for asset managers and family offices Valour Inc., a technology holding company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance,......
Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program
Finance News

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Share repurchase program expands capital allocation optionality and is expected to be funded through existing cash and future free cash flow Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives......
Savi Financial Corporation Earns $572,000 in Second Quarter 2022
Finance News

Savi Financial Corporation Earns $572,000 in Second Quarter 2022

Fintech News Desk
by Fintech News Desk0
Savi Financial Corporation, Inc. the bank holding company for SaviBank, reported net income for the second quarter of 2022 was $572,000, or $0.13 per diluted share, compared to $964,000, or $0.22 per diluted share in the preceding quarter, and record quarterly results of $1.24 million, or $0.28 per diluted share,......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
Zebra Technologies Completes Comprehensive Debt Refinancing
debt collection Finance News

Zebra Technologies Completes Comprehensive Debt Refinancing

Fintech News Desk
by Fintech News Desk0
Zebra Technologies Corporation, an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, announced actions to refinance its debt and expand liquidity. “We are comfortable with the variable interest rate structure of our debt due to our strong operating cash......
Eagle Financial Services, Inc. Completes $30.0 Million Subordinated Notes Offering
Fintech News

Eagle Financial Services, Inc. Completes $30.0 Million Subordinated Notes Offering

Fintech News Desk
by Fintech News Desk0
Eagle Financial Services, Inc. (the “Company”), the holding company for Bank of Clarke County (the “Bank”), announced the completion of a private placement offering of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”), in the aggregate principal amount of $30.0 million, to certain qualified institutional buyers and accredited institutional investors.  The......
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