Search Results for: repayment

Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores
Digital Payments News

Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores

PR Newswire
Muthoot FinCorp Limited (“Company”), the flagship company of the 136-year-old Muthoot Pappachan Group (Muthoot Blue) has announced the XVI Tranche II series of secured, redeemable, non-convertible debentures (“NCDs”) to raise an amount aggregating up to ₹225 crores, which is within the shelf limit of ₹1,100 crore. The second tranche issuance......
Business Featured Fintech Primers

10 Strategies For Navigating Cashflow Shortages And Slashing Expenses

Pooja Choudhary
What are some readily implementable cost-cutting strategies that can be employed at present? How to slash my expenses? How to manage my cash flows? Is this what you are worried about something? Then you’re on the right track. Without proper management of its finances, operations, and investments, any company, no......
SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group
Investment Services News

SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group

PR Newswire
SVB Financial Group announced that it has completed the sale of its investment banking business, SVB Securities LLC (now named Leerink Partners LLC), to the management team bidder group led by Jeff Leerink, Leerink Partners’ Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C.......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
Payitoff Launches the Bank Deposit Impact Estimator to Assist Financial Institutions in Managing the Student Loan
Fintech News

Payitoff Launches the Bank Deposit Impact Estimator to Assist Financial Institutions in Managing the Student Loan

GlobeNewswire
Empowers Banks to Mitigate Deposit Exodus and Enhance Customer Savings Amidst Federal Student Loan Payments Start Payitoff, a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, launched its Bank Deposit Impact Estimator tool from the floor of FinovateFall 2023. As federal student loan payments are......
NeoVolta Partners with Mosaic for Solar Battery Storage Financing Options, Fast-Tracks Technology on Anticipation
Finance News

NeoVolta Partners with Mosaic for Solar Battery Storage Financing Options, Fast-Tracks Technology on Anticipation

GlobeNewswire
NeoVolta, a solar battery manufacturer and developer of Smart Energy Storage Solutions, has partnered with sustainable home improvement finance platform Mosaic to offer more homeowners solar energy storage at an affordable rate. Latest Fintech Interview : Global Fintech Interview with Randall Tidwell, CFO at Serviceaide Mosaic, which has funded $14 billion in......
Carputty Brings The Power of AI to Auto Financing and Ownership
Finance News

Carputty Brings The Power of AI to Auto Financing and Ownership

GlobeNewswire
Carputty announces that a third of its Flexline applications are now AI-decisioned, reaching a significant milestone in the Company’s mission to bring greater transparency and reduce subjectivity in the automotive finance industry. Carputty (“Carputty” or the “Company”), the fintech company modernizing auto financing and ownership, announced the next evolution of......
B2B Banking Markets News

Nubank Expands Secured Credit Offering And Launches FGTS

Fintech Staff Writer
Loan offerings in Brazil Nubank is expanding its secured loan offerings in Brazil to include FGTS-backed loans. The new option is being made available to those who qualify as part of the company’s strategy to broaden its safe credit offering in 2023. In Brazil, workers are required to have access......
First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF
Investment Services News

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Business Wire
First Trust Advisors L.P. (“FTA”) announces the declaration of the monthly distribution for First Trust Income Opportunities ETF, advised by FTA. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics FTA is a federally registered investment advisor and serves as the Fund’s investment......
PayU India Unveils CommercePro Stack to Fuel Business Growth
Digital Payments News

PayU India Unveils CommercePro Stack to Fuel Business Growth

PR Newswire
PayU India, India’s leading online payment solutions provider, has unveiled its CommercePro stack — a comprehensive product suite designed to cater to the evolving needs of businesses at all stages of growth. This suite will help address key challenges and empower merchants with a unified all-in-one solution for enhanced customer delight, increased......
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