Search Results for: warehouse financing

Kredivo-Closes-up-to-US_100m-Warehouse-Financing-Facility-with-Victory-Park-Capital-to-Boost-Indonesian-Expansion
Business Fintech

Kredivo Closes Up To US$100m Warehouse Financing Facility With Victory Park Capital To Boost Indonesian Expansion

Fintech News Desk
by Fintech News Desk0
Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Victory Park Capital Advisors, LLC (“VPC”), a leading private credit specialist headquartered in Chicago, announced today the closing of a committed debt facility of up to US$100 million to fund consumer loans for Kredivo’s borrowers in Indonesia. The......
Global Neobank, Zolve Secures $100 Million Warehouse Debt Facility to Expand Financing of US Immigrants
Finance Investment Services News

Global Neobank, Zolve Secures $100 Million Warehouse Debt Facility to Expand Financing of US Immigrants

PR Newswire
by PR Newswire0
Zolve, a cross border neobank helping immigrants across the world gain access to financial services, is proud to announce that it has secured a warehouse debt facility of up $100 million from Community Investment Management (CIM). This milestone marks another significant step forward in Zolve’s mission to ensure the seamless movement of......
Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management
Fintech News

Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management

Business Wire
by Business Wire0
Facility to Support Strong Demand Among Consumers Driven by Merchant Adoption, Embedded Financing Partnerships, and the Expansion of Sunbit No-Fee Credit Card Sunbit, the company building financial technology for real life, announced that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall......
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital
Fintech News

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital

PR Newswire
by PR Newswire0
Provided by SVB’s national fintech practice, the financing facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon. Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), announced that it has provided a $125......
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Finance News

Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility

GlobeNewswire
by GlobeNewswire0
Credit Acceptance Corporation announced that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2024 to September 30, 2026. There were no other material changes to the terms of the facility. Read More About Fintech Interview: Global Fintech Interview with......
Flexiti Announces Upsized C$535 million Revolving Warehouse Credit Facility
Fintech News

Flexiti Announces Upsized C$535 Million Revolving Warehouse Credit Facility

Fintech News Desk
by Fintech News Desk0
Flexiti Financial  (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, has announced that it has upsized its revolving warehouse credit facility from C$500 million to C$535 million and extended its maturity. Credit Suisse serves as administrative agent on the facility, with financing also provided by an affiliate of Bank......
Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank
Banking Finance News

Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank

Fintech News Desk
by Fintech News Desk0
Secured Debt Facility Enables Koalafi to Further Scale Expansion of Loan Financing to Serve More Consumers Through an Innovative Single Application Koalafi, a fast-growing consumer financing provider committed to providing innovative pay-over-time options to customers from all credit backgrounds, announced today the signing of a multi-million secured debt facility from......
New Fintech Launches with $20 million in Seed Capital, $50m Warehouse to be the First to Combine Credit and International Money Transfer
Digital Wallet News

New Fintech Launches with $20 million in Seed Capital, $50Million Warehouse to be the First to Combine Credit and International Money Transfer

Fintech News Desk
by Fintech News Desk0
Pomelo launches a new type of credit card that enables families in the US to extend their credit abroad while avoiding expensive remittance fees – an industry first Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to......
CoreChain Secures $4.2 Million in Seed Financing; Tops $1 Billion in B2B Payments Volume
B2B Digital Payments News

CoreChain Secures $4.2 Million in Seed Financing; Tops $1 Billion in B2B Payments Volume

Fintech News Desk
by Fintech News Desk0
CoreChain Technologies, the first digital B2B payments network built on blockchain, announced that it has secured $4.2 million in Seed financing. The round was led by Ulu Ventures with participation from other existing investors including Connecticut Innovations, Bloccelerate VC and New Form Capital, as well as new investors, Motivate Venture......
Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity
Artificial Intelligence News

Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity

Fintech News Desk
by Fintech News Desk0
Enova International, a leading financial technology company powered by machine learning and artificial intelligence, announced that during March the company closed $235 million of additional capacity across all four of its existing consumer and small business securitization warehouse facilities. “Our ability to increase the capacity in each of our existing committed......
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