Search Results for: warehouse financing

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion
Fintech News Trading

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion

Fintech News Desk
by Fintech News Desk0
MODIFI will use the funds to expand into the US, as well as address increasing demand in its existing markets. MODIFI’s digital trade finance platform provides SMEs with buyer and seller financing in a matter of days. MODIFI tripled its business in 2020 and launched in four new markets during......
Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
Banking Fintech Investment Services Mobile Banking News

Petal Gets $125m Debt Facility

Fintech News Desk
by Fintech News Desk0
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
CURO-To-Acquire-Flexiti_-A-Leading-Canadian-POS-BNPL-Lender_-For-_121-Million
Business Fintech Investment Services News Risk Management

CURO To Acquire Flexiti, A Leading Canadian POS/BNPL Lender, For $121 Million

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a market leader in providing credit to non-prime consumers, today announced it has entered into an agreement to acquire Flexiti Financial Inc. (“Flexiti”), an emerging growth Canadian POS/BNPL provider. Under the terms of the agreement, CURO will acquire Flexiti for cash at closing......
Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm
Business Fintech Fintech Funding News

Liberis Adds £70m Funding and Venture Debt to Grow Embedded Business Finance Platform and Help Smes Weather the COVID Storm

Fintech News Desk
by Fintech News Desk0
London-based embedded finance provider aligns with SVB and previous funders, including British Business Investments and Paragon Bank to drive further expansion and SME business support API-powered tech platform seamlessly integrates into partner ecosystems to provide revenue-based funding solutions for SMEs Since COVID-19, Liberis launched new CBILS loan product in May......
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PeerStreet Launches New Fund Strategy for Investors

Fintech News Desk
by Fintech News Desk0
PeerStreet, a platform for investing in real estate backed loans, today announced that it is launching a new fund strategy that will expand the ways investors can access real estate investments via its platform, providing them with more options to diversify, expand, and customize their real estate debt portfolios by......
GSCF Launches Connected Capital with Next-Gen Working Capital Management Solution
Banking Finance News

GSCF Launches Connected Capital with Next-Gen Working Capital Management Solution

PR Newswire
by PR Newswire0
Integrating Alternative and Bank Capital on One Powerful Servicing Platform GSCF, a leading global provider of working capital solutions, announced the launch of its enhanced cloud-enabled liquidity management platform and the creation of the Connected Capital ecosystem. Developed on a fully modernized technology stack, this innovative platform is designed to......
Rapid Finance and Gestalt Tech Announce Strategic Integration to Enhance SMB Lending Capabilities
Finance Lending News

Rapid Finance and Gestalt Tech Announce Strategic Integration to Enhance SMB Lending Capabilities

Business Wire
by Business Wire0
Rapid Finance, a leading small business financing platform specializing in providing customized financing solutions, announced its new partnership with Texas-based Gestalt Tech, a provider of a cutting-edge data warehouse solution designed for financial institutions. Through this partnership, lenders using Gestalt can seamlessly integrate with Rapid’s small business lending automation solution, Decisioneer. Additionally,......
Oportun Completes $223 Million Asset Backed Securitization
Fintech News

Oportun Completes $223 Million Asset Backed Securitization

GlobeNewswire
by GlobeNewswire0
Oportun, a mission-driven fintech, announced the issuance of $223.25 million of fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included four classes of fixed rate notes: Class A, Class B, Class C, and Class D. KBRA rated all classes of notes, assigning......
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The Influence of AI on International Trade Efficiency

Prajakta Ayade
by Prajakta Ayade0
Artificial Intelligence (AI) is revolutionizing various sectors, and international trade is no exception. Global trade’s complex and multifaceted nature presents numerous challenges, such as logistical inefficiencies, regulatory compliance, and risk management. AI’s ability to process vast amounts of data, recognize patterns and make predictions provides innovative solutions to these challenges,......
Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore
Fintech Investments News

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Business Wire
by Business Wire0
iPipeline designed OneView to simplify the application process across multiple insurance carriers. Li-Cycle Holdings Corp., a leading global lithium-ion battery resource recovery company, today provided a business update “Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an......
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