Search Results for: repayment

Biodesix Strengthens Financial Position With Equity Issuance and Amendment To Term Loan
Fintech Lending News

Biodesix Strengthens Financial Position With Equity Issuance and Amendment To Term Loan

Fintech News Desk
by Fintech News Desk0
Approximately $16.3 million in Common Shares Sold Under At-the-market Agreement Used to Offset Prepayment of Debt Second Amendment to $30 Million Term Loan Provides Additional Financial Flexibility for Growth Biodesix, Inc., a leading data-driven diagnostic solutions company with a focus in lung disease, announced the sale of 3,756,994 common shares......
REPAY Announces Acquisition of Payix
Digital Payments News

REPAY Announces Acquisition of Payix

Fintech News Desk
by Fintech News Desk0
Payix Acquisition Enhances REPAY’s Position in the Key Automotive Loan Repayment Vertical and Accelerates Expansion in the Buy Now, Pay Later “BNPL” Market Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced it has acquired Payix for up to $115 million. The acquisition was financed with cash on......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Closes $25 Million Loan to Wind Energy Project

Fintech News Desk
by Fintech News Desk0
Wind Power Project will Produce 20 megawatts Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,”  is pleased to announce it has closed a $25mm loan to an affiliate of SWEB Development USA (SWEB), Natick, MA for the development of a wind energy project in Maine. The loan is based......
Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Fintech Investment Services News

Paylend Raises $2 Million Seed Investment From Next Chymia Consulting

Fintech News Desk
by Fintech News Desk0
This investment will help Paylend grow its operation in the Kenyan market and open new markets in Tanzania, Zambia and Nigeria as part of its next 3 years growth plan Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have announced that it......
OFX to Acquire 100% of Canadian Corporate Foreign Exchange Business Firma
Currency Exchange Fintech News

OFX to Acquire 100% of Canadian Corporate Foreign Exchange Business Firma

Fintech News Desk
by Fintech News Desk0
Agreement to acquire 100% of Firma for a total consideration of C$90m (A$98m), representing 9.0x Firma’s last-twelve-months (LTM) EBITDA to 30 September 2021 OFX Group Limited (OFX) announces that it has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m......
Equifax First to Formalize Inclusion of 'BNPL' Payment Information in Consumer Credit Reports
Digital Payments News

Equifax First to Formalize Inclusion of ‘BNPL’ Payment Information in Consumer Credit Reports

Fintech News Desk
by Fintech News Desk0
Addition of BNPL Credit Data to Consumer Files Has Potential to Expand Access to Credit for Individuals with Limited Credit History Equifax is furthering its commitment to expand access to credit by making ‘Buy Now, Pay Later’ (BNPL) payment information part of credit reports, as identified by a new business industry......
BankProv Partners with CrossTower to Offer a Crypto Lending Platform
Cryptocurrency News

BankProv Partners with CrossTower to Offer a Crypto Lending Platform

Fintech News Desk
by Fintech News Desk0
BankProv, a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging markets, has announced its partnership with CrossTower, one of the world’s fastest and leading trading platforms and digital asset investment firms, to provide equipment financing for Bitcoin miners. “CrossTower is very excited to partner with BankProv......
Uplift Launches ‘Give the Gift of Uplift’ Allowing Gift-Givers to Easily Book Travel for Friends and Family and Pay Over Time
Digital Payments News

Uplift Launches ‘Give the Gift of Uplift’ Allowing Gift-Givers to Easily Book Travel for Friends and Family and Pay Over Time

Fintech News Desk
by Fintech News Desk0
 Purchase insight reflects consumers are more interested in receiving experiences this holiday season, making the gift of travel a top trend   Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution serving the world’s top travel brands offers ‘Give the Gift of Uplift’ – purchase travel for a loved one or......
Atalaya Securitizes Equipment Leasing Fund Assets
Fintech News

Atalaya Securitizes Equipment Leasing Fund Assets

Fintech News Desk
by Fintech News Desk0
Securitization of leasing assets generates enhanced return for investors Atalaya Capital Management (“Atalaya”), an alternative asset manager focused on asset-backed private credit and special opportunities, announced the securitization of equipment leasing assets from its Atalaya Equipment Leasing Fund I (“AELF”). The ABS issuance was significantly oversubscribed and meaningfully improved expected......
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