Tag : banking institutions

Adevinta Ventures Announces Investment in Spotawheel’s Series B €110M Funding Round
Fintech News

Adevinta Ventures Announces Investment in Spotawheel’s Series B €110 Million Funding Round

Fintech News Desk
by Fintech News Desk0
Adevinta Ventures, the investment arm of Adevinta, announced its investment in Spotawheel, a leading exchange to exchange (E2E) automotive digital platform. The new funding round closes at €110M in equity and asset-backed debt, led by VentureFriends  joined by Adevinta Ventures, Uniqa Ventures, Rockaway Ventures, Velocity Partners, FJ Labs, Collective Spark......
Basis Investment Group Announces First-of-its-Kind Origination Partnership with Genesis Bank in SoCal
Investment Services News

Basis Investment Group Announces First-of-its-Kind Origination Partnership with Genesis Bank

Fintech News Desk
by Fintech News Desk0
The MWOB Commercial Real Estate Investment Platform and Lender has Teamed Up with Diverse, Multi-racial Minority Depository Institution to Provide Increased Access to Capital and Credit in Underserved Communities Basis Investment Group (Basis), a national commercial real estate (CRE) debt and equity investment platform, announced a first-of-its kind origination partnership......
FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group
Digital Payments Fintech News

FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group

Fintech News Desk
by Fintech News Desk0
The merger of both fintechs will be undertaken via a share swap transaction that will value TechCreate Group at USD$30 million based on a valuation completed by one of the Big Four accounting firms recently TechCreate Solutions Private Limited, a Singapore-based technology services group specialising in innovative digital payment and......
CRE Veteran Wayne Potters Joins Lev as Managing Director to Launch First-of-its-Kind Digital CMBS Platform
Lending News

CRE Veteran Wayne Potters Joins Lev as Managing Director to Launch First-of-its-Kind Digital CMBS Platform

Fintech News Desk
by Fintech News Desk0
Potters, who built the CMBS business at SocGen, will offer invaluable guidance as Lev rewires the CRE lending experience for the better Lev, the commercial real estate (CRE) financing platform known for its online commercial mortgage origination API and digital loan closing technology, announced the hiring of Wayne Potters as Managing......
Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments
Finance Fintech News

Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments

Fintech News Desk
by Fintech News Desk0
Seasoned finance leader, Roy Heldshtein, joins as Managing Partner and Chief of Operations; VP Business Dev & Operations at Team8 Fintech, Galia Beer-Gabel, announced as Partner; Co-founder of ClearX, Gal Hochberg, has been appointed as group’s CTO Team8, a global venture group, announced the appointment of former VP of Finance......
Yelp Announces $100 Million Investment in JPMorgan Empower Share Class
Investment Services News

Yelp Announces $100 Million Investment in JPMorgan Empower Share Class

Fintech News Desk
by Fintech News Desk0
The deposit furthers Yelp’s ongoing efforts to bring new economic opportunities to underserved communities The company also released its first Sustainability Accounting Standards Board report Yelp Inc., the company that connects people with great local businesses, continued to deliver on its ongoing commitment to support racial equity by depositing $100......
Kuber Secures $40 Million Credit Facility from Schedule I Bank
Banking Fintech Mortgage News

Kuber Secures $40 Million Credit Facility from Schedule I Bank

Fintech News Desk
by Fintech News Desk0
Kuber Mortgage Investment Corporation is pleased to announce that it has secured a $40 million revolving credit facility (the “Credit Facility”) from a top 5 Canadian Schedule 1 bank (the “Bank”). The Credit Facility is for a term of 12 months. Read More: QuickFee Introduces Connect, A New Payment Integration with Wolters......
Genesis Bank Announces Partnership With Orange County Hispanic Chamber of Commerce
Banking Fintech News

Genesis Bank Announces Partnership With Orange County Hispanic Chamber of Commerce

Fintech News Desk
by Fintech News Desk0
Genesis Bank, announced that it has entered into a partnership agreement with the Orange County Hispanic Chamber of Commerce (“OCHCC”). The partnership is focused on financial advancement of the Hispanic American community, and includes financial education, assisting low- and moderate-income families, growing small business, internships, and mentorships. “Forming this strategic......
B9 Raises $5 Million in Seed Capital and Doubles Year-End Customer Acquisition Target to Keep Pace with Rapid Growth
Digital Payments News

B9 Raises $5 Million in Seed Capital and Doubles Year-End Customer Acquisition Target to Keep Pace with Rapid Growth

Fintech News Desk
by Fintech News Desk0
Fintech Company that Serves Customers Who Are Underserved by Traditional Banks Experiences 10-Fold Month-over-Month Growth in Customer Transactions B9 Inc., a fintech startup, recently launched a full suite of app-based financial services, creating a platform to serve customers who are underserved by traditional banks and are seeking an alternative payroll......
Sunyard Technology to Unveil Sunyard Payment Management System, The All-New Integrated Payment Management Platform
Banking Digital Payments News

Sunyard Technology to Unveil Sunyard Payment Management System, The All-New Integrated Payment Management Platform

Fintech News Desk
by Fintech News Desk0
Sunyard Technology, the leading global payment solution provider, launches the all-new Sunyard Payment Management System, easier for banking institutions and acquirers to manage the key data like terminals, merchants, transactions, and related parameters in great numbers. The System is your complete toolkit for integrating the payment management business remotely and......
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