Tag : Bank

ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet
Banking News

ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet

Fintech News Desk
by Fintech News Desk0
ING Capital LLC led a $350 million syndicated financing on behalf of Auramet Trading and Auramet International (collectively, “Auramet”), a precious metals merchant. ING acted as Mandated Lead Arranger, Bookrunner and Administrative Agent on a well oversubscribed deal, which closed on July 22, 2022.  With support from the lenders, the facility has increased......
Bank of England Mortgage Taps Sagent to Power Its Entire Servicing Ecosystem in 10-Year Deal
Fintech News

Bank of England Mortgage Taps Sagent to Power Its Entire Servicing Ecosystem in 10-Year Deal

Fintech News Desk
by Fintech News Desk0
Deal combines world-class fintech homeowner experience with local lending service and expertise. Sagent will power customer attention, retention, engagement, and loan boarding with nimble systems synced by real-time data. Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a new 10-year......
LendingClub Names Drew LaBenne as New Chief Financial Officer
Banking News

LendingClub Names Drew LaBenne as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Current CFO and Board Member, Tom Casey, to Retire After Transition Period LendingClub Corporation the parent company of LendingClub Bank, America’s leading digital marketplace bank, today announced that Drew LaBenne has been named LendingClub’s next Chief Financial Officer (CFO). To ensure a seamless transition, he will assume the responsibilities on September 1, 2022, from current......
Ageras Pushes Into Europe’s Largest Market, Buying German Neo-Bank Kontist
Banking News

Ageras Pushes Into Europe’s Largest Market, Buying German Neo-Bank Kontist

Fintech News Desk
by Fintech News Desk0
Rapidly expanding its all-in-one fintech cockpit for small businesses with an aggressive M&A strategy and $100M war chest, this acquisition gives Ageras the dominant SME bank in Europe’s biggest economy. Ageras Group whose suite of financial and accounting software powers more than one million small businesses across Europe and North......
Afirme Taps Volante Technologies to Modernize its Payments Infrastructure
Digital Payments News

Afirme Taps Volante Technologies to Modernize its Payments Infrastructure

Nikita Chavan
by Nikita Chavan0
Top-ten Mexican bank goes live with Volante to fully automate cross-border payments and offer its customers a richer experience and wider variety of international payment methods Volante Technologies, the global leader in cloud payments and financial messaging, is partnering with Banca Afirme, S.A. (Afirme), a subsidiary of Afirme Grupo Financiero, S.A. de......
PNC Bank Launches Community Advisory Council With 17 New Members Appointed
Banking News

PNC Bank Launches Community Advisory Council With 17 New Members Appointed

Fintech News Desk
by Fintech News Desk0
Community Leaders Selected to Help Steer Bank’s $88 Billion Community Benefits Plan PNC Bank announced the formation of a new national Community Advisory Council (CAC) with the appointment of 17 members, who will provide ongoing guidance for the Bank’s community lending, investment, and service efforts in support of PNC’s four-year Community Benefits Plan.......
Bank First Corporation Signs Definitive Agreement to Acquire Hometown Bancorp, Ltd
Banking News

Bank First Corporation Signs Definitive Agreement to Acquire Hometown Bancorp, Ltd

Fintech News Desk
by Fintech News Desk0
Both companies share a relationship-based philosophy focused on providing personalized products and services to the communities they serve. Strengthens Bank First’s franchise through a larger branch network and greater market share in central Wisconsin. The combined organization’s scale will increase lending capacity to Hometown customers, allowing its team of bankers to......
Genesis Bank Announces Launch of Escrow Division
Banking News

Genesis Bank Announces Launch of Escrow Division

Fintech News Desk
by Fintech News Desk0
Genesis Bank, announced the launch of Genesis Bank Escrow, a new division of the Bank. Genesis Bank Escrow handles all aspects of commercial and commercial real estate-related escrow transactions, including compliance with local, state, and federal real estate guidelines, ensuring all buyer/seller conditions are satisfied, timely processing and filing of......
Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank
Banking News

Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank

Fintech News Desk
by Fintech News Desk0
IVERIC bio, Inc. announced that it has entered into a term loan debt financing facility with Hercules Capital, Inc. and Silicon Valley Bank providing the Company with total borrowing capacity of up to $250 million in non-dilutive debt financing. Latest Fintech News: Ushur Launches Insurance Automation Portfolio in AWS Marketplace......
BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France
Digital Payments News

BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France

Fintech News Desk
by Fintech News Desk0
The global payment orchestration platform partnership with Dalenys, a leading French Paytech and part of France’s second largest bank, Groupe BPCE, fortifies its local acquiring capabilities in Europe. BlueSnap, the global payment orchestration platform that helps businesses accept payments globally, has partnered with Dalenys, the Merchant Acquirer specialized in payments performance and part......
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