Search Results for: warehouse financing

Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG
Business Finance News

Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG

Fintech News Desk
by Fintech News Desk0
 Newtek Business Services Corp., an internally managed business development company (“BDC”), announced that Newtek Business Lending, LLC (“NBL”), Newtek’s portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has......
Silicon Valley Bank Provides Risk Retention Facility to SoFi
Banking Fintech News Risk Management

Silicon Valley Bank Provides Risk Retention Facility to SoFi

Fintech News Desk
by Fintech News Desk0
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced that it has entered into a multi-million risk retention financing agreement with SoFi, the digital personal finance company. This agreement provides financing to be used for SoFi’s risk retention bonds as part of their asset-backed......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Fintech News

FinTech Lender Credibly Supports Small Businesses During the COVID-19 Pandemic, while Preserving their Asset Backed Securitization

Fintech News Desk
by Fintech News Desk0
The pandemic has had a devastating effect not only on small businesses, but also the lenders who provide them with financing. Many lenders were unable to adapt their servicing practices to accommodate distressed merchants while maintaining a viable revenue stream for themselves. In addition, those lenders relied upon their standard......
Less than One-Third of Wealth Managers in North America are Scaling AI Across Their Businesses, Accenture Report Finds
Artificial Intelligence Economy Fintech Fintech Funding Fintech Radar Fintech Startups Investment Services News

10 Startups Selected for Accenture’s 2020 FinTech Innovation Lab Asia-Pacific

Fintech News Desk
by Fintech News Desk0
Accenture and 19 leading financial services firms to mentor financial technology entrepreneurs in seventh annual program   Ten leading fintech companies have been selected for the seventh annual FinTech Innovation Lab Asia-Pacific, a mentorship program created by Accenture (NYSE: ACN) that helps startups fine-tune their business plans and solutions by pairing......
Fintech News

TD Holdings (GLG) Launches a Bulk Commodity Online Payment Platform with JD Digits through its strategic partner

Fintech News Desk
by Fintech News Desk0
TD Holdings, Inc, a commodities trading service provider in China today announced to enter into a strategic framework agreement with Tongdow E-commerce Group (“Tongdow E-commerce”) through Shanghai Jianchi Supply Chain Co.,Ltd. (“Shanghai Jianchi”), the Company’s wholly owned subsidiary. Tongdow E-Commerce recently has engaged the wholly owned subsidiary of JD Digits Technology......
Galaxy Digital and Bakkt Unveil Joint Trading and Custody Service for Institutional Investors
Fintech Investment Services News Trading

Galaxy Digital and Bakkt Unveil Joint Trading and Custody Service for Institutional Investors

Fintech News Desk
by Fintech News Desk0
Galaxy Digital, the diversified financial services and investment management company providing quality digital asset exposure for institutional and accredited investors, and Bakkt, the digital asset derivatives trading and custody platform majority-owned by Intercontinental Exchange (“ICE”), announced their partnership to launch a collaborative white-glove service for asset managers looking to acquire, build......
Brex Adapts Rewards, Adds SBA Loan Support to Help Customers During COVID-19 Crisis
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
by Fintech News Desk0
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
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