Search Results for: regulatory capital

Obligo Raises $35M in Series B to Power the Home Renting Experience of the Future
Banking Fintech Mobile Banking News

Obligo Raises $35M in Series B to Power the Home Renting Experience of the Future

Fintech News Desk
by Fintech News Desk0
The rapidly growing fintech company combines open banking technology with AI to make renting as easy as checking in and out of a hotel Obligo, the fintech company that builds trust between renters and landlords, announced a Series B funding of $35 million led by investor 83North. Additional investors participating......
Bitfury Appoints Former United States Acting Comptroller of the Currency Brian P. Brooks Chief Executive Officer
Blockchain Digital Asset Management Fintech News

Bitfury Appoints Former United States Acting Comptroller of the Currency Brian P. Brooks Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Founder Valery Vavilov to Become Chairman and Chief Vision Officer Bitfury Group, the Bitcoin mining and crypto tech pioneer, announced that Brian P. Brooks, former United States Acting Comptroller of the Currency, has joined the Company as Chief Executive Officer, effective October 29, 2021. Mr. Brooks will lead the 10-year-old......
PROG Holdings Commences Cash Tender Offer to Purchase Up to $425 million of Common Stock
Fintech News

PROG Holdings Commences Cash Tender Offer to Purchase Up to $425 million of Common Stock

Fintech News Desk
by Fintech News Desk0
PROG Holdings, Inc., the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announced the commencement of a “modified Dutch auction” tender offer (the “Tender Offer”) to purchase for cash up to $425 million in value of shares of its common stock, par value $0.50 per share (the......
PROG Holdings, Inc. Announces Intention to Purchase up to $425 Million of Common Stock in Modified Dutch Auction Tender Offer
Fintech News

PROG Holdings, Inc. Announces Intention to Purchase up to $425 Million of Common Stock in Modified Dutch Auction Tender Offer

Fintech News Desk
by Fintech News Desk0
Tender offer is part of a $1 billion share repurchase program and Company to purchase shares at an anticipated price between $44.00 and $50.00 per share PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announced its intention to launch a “modified Dutch......
Kuber Secures $40 Million Credit Facility from Schedule I Bank
Banking Fintech Mortgage News

Kuber Secures $40 Million Credit Facility from Schedule I Bank

Fintech News Desk
by Fintech News Desk0
Kuber Mortgage Investment Corporation is pleased to announce that it has secured a $40 million revolving credit facility (the “Credit Facility”) from a top 5 Canadian Schedule 1 bank (the “Bank”). The Credit Facility is for a term of 12 months. Read More: QuickFee Introduces Connect, A New Payment Integration with Wolters......
Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings
Fintech News

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Fintech News Desk
by Fintech News Desk0
Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate......
First Internet Bancorp to Acquire First Century Bancorp
Fintech News

First Internet Bancorp to Acquire First Century Bancorp

Fintech News Desk
by Fintech News Desk0
Combination Solidifies First Internet Bank’s Position as a Premier Technology-Forward, Growth-Oriented Digital Financial Services Provider First Internet Bancorp , the parent company of First Internet Bank , announced it has entered into a definitive agreement to acquire First Century Bancorp , the parent company of First Century Bank, N.A. Headquartered......
Fitch Ratings Chooses Sigma Ratings' Monitoring Solution to Explore Potential Governance and Financial Crime Risk in Analysis of Global Banks
Fintech News

Fitch Ratings Chooses Sigma Ratings’ Monitoring Solution to Explore Potential Governance and Financial Crime Risk in Analysis of Global Banks

Fintech News Desk
by Fintech News Desk0
 Sigma Ratings (“Sigma”), a next generation global risk intelligence data and technology platform, announced today that Fitch Ratings has chosen the firm for its proprietary ongoing risk monitoring capabilities to help further explore governance and financial crime risks in its analysis of banks. Read Complete News About Fintech Services : Tokenization of......
Moody’s Analytics Launches New Cloud-Based Credit Portfolio Management Software
Fintech News

Moody’s Analytics Launches New Cloud-Based Credit Portfolio Management Software

Fintech News Desk
by Fintech News Desk0
Moody’s Analytics is pleased to announce the launch of PortfolioStudioTM, new cloud-based credit portfolio management software. PortfolioStudio provides a whole portfolio view of current and emerging risks in one platform so users can scan for risks and opportunities, evaluate possible actions, and decide how to act. Read More About Fintech News......
Fintech News

First AML Raises $21 Million in Series B Funding to Replace Businesses’ Due Diligence Stack

Fintech News Desk
by Fintech News Desk0
Fraud and money laundering, already a critical challenge to all digital transactions, have been on the rise due to the global instability brought on by the COVID-19 pandemic. Investigations such as the Pandora Papers have also reignited concerns on AML compliance and the transparency of international financial transactions. Emerging legislation......
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