Search Results for: private funding

Cambridge Savings Bank Supports the Expansion of Tropical Products with a New Market Tax Credit and Loans Totaling $16 Million
Banking News

Cambridge Savings Bank Supports the Expansion of Tropical Products with a New Market Tax Credit and Loans Totaling $16 Million

Fintech News Desk
The $16 million in capital contributes to a $24.8 million project that includes the acquisition of land and construction of a new manufacturing facility Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that it has provided $16 million in funding......
Blockchain News

Leading Blockchain Intelligence Company TRM Labs Announces $70 Million Series B Expansion Led By Thoma Bravo

Fintech News Desk
TRM Labs, a leading blockchain intelligence company, has announced a $70 million expansion to the company’s Series B funding round, bringing the raise to $130 million in total. The investment was led by Thoma Bravo, a leading software investment firm, with participation from Goldman Sachs and previous TRM investors including......
Epsilon Consulting Services’ ETS Platform Offers Innovative Balance Sheet Solution to Federal Home Loan Bank of New York
Banking Finance News

Epsilon Consulting Services’ ETS Platform Offers Innovative Balance Sheet Solution to Federal Home Loan Bank of New York

Fintech News Desk
Epsilon Consulting Services is pleased to announce that the Federal Home Loan Bank of New York (FHLBNY) is now live with ETS, Epsilon’s innovative trade management platform that enables rule-based processing and automation. “In our view, the days of wasteful and outsized implementations are over” Designed from the ground up for......
Icertis Secures $150 Million to Accelerate Leadership in Contract Lifecycle Management
Artificial Intelligence Fintech Funding News

Icertis Secures $150 Million to Accelerate Leadership in Contract Lifecycle Management

Fintech News Desk
Icertis, the contract intelligence company that pushes the boundaries of what’s possible with Contract Lifecycle Management (CLM), announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning......
Verity Credit Union Announces Participation in Loan Program Providing Small Businesses and Nonprofits in Washington State
Finance Fintech News

Verity Credit Union Announces Participation in Loan Program Providing Small Businesses and Nonprofits in Washington State

Fintech News Desk
The Small Business Flex Fund provides low-interest loans of up to $150,000 to small businesses and nonprofits through local lenders like Verity Verity Credit Union, a $735 million asset financial institution in Seattle that focuses on socially responsible banking, announced that it has been selected to participate in the Small......
NextPlay’s NextFintech Division Receives Commitment for $15 Million Strategic Investment
Finance News

NextPlay’s NextFintech Division Receives Commitment for $15 Million Strategic Investment

Fintech News Desk
NextPlay Technologies, Inc., a digital native ecosystem for finance, digital advertisers, and video gamers, announced that it has entered into a binding commitment for a $15 million strategic investment into its NextFintech Division from an institutional investor. This investment commitment consists of the purchase of shares of common stock in......
Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital
Finance Fintech News

Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital

Fintech News Desk
Achieve, the leader in digital personal finance, announced that it has raised a new debt facility totaling $225 million with participation from O’Connor Capital Solutions, the private credit unit of UBS O’Connor LLC, and others, including a multi-trillion dollar asset manager. The debt facility is fully committed. Achieve recently announced a......
Regional Management Completes $200 Million Asset-Backed Securitization
Finance News

Regional Management Completes $200 Million Asset-Backed Securitization

Fintech News Desk
Regional Management Corp., a diversified consumer finance company, announced that it has completed a $200 million asset-backed securitization, its ninth securitization. The securitization has a 2-year revolving period, and the Class A notes received an “AAA” rating by Standard & Poor’s Ratings Services (S&P), the first time a senior class......
Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times
Featured Fintech News

Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times

Sudipto Ghosh
The financial landscape is changing at a rapid pace. Compared to the current fleet of modern technology companies focused on emerging capabilities in SaaS and Cloud computing, banking sector has weathered the pandemic well. In modern context of fintech-as-a-service, financial landscape is showing the resilience against competition and market expansion......
FinTech Will Determine the Powerhouse Economies of Next 10 Years
Featured Fintech

FinTech Will Determine the Powerhouse Economies of Next 10 Years

Fintech Staff Writer
Fintech will determine which countries will become powerhouse economies of the next decade, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations.  The observation from Nigel Green, deVere Group’s CEO and founder, follows his appointment as an adviser to Thailand’s National Innovation......
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