Tag : business model

Pinterest Announces Partnership with Elliott Investment Management
Investment Services News

Pinterest Announces Partnership with Elliott Investment Management

Fintech News Desk
by Fintech News Desk0154
Marc Steinberg Joins Board as Independent Director Pinterest, Inc. announced it has entered into a long-term cooperation agreement with Elliott Investment Management L.P. (together with certain affiliates, “Elliott”), including the appointment of Marc Steinberg, Senior Portfolio Manager at Elliott, to the Board of Directors effective December 16, 2022. “We’d like......
nCino Appoints New Board Member
Banking Cloud News

nCino Appoints New Board Member

Fintech News Desk
by Fintech News Desk0181
Co-founder and former CEO of Global Data Consortium, Bill Spruill, joins nCino’s Board of Directors nCino, a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that it has appointed William (Bill) Spruill to its Board of Directors. “Bill is a dynamic and entrepreneurial......
Cryptyde’s Recent Acquisition of Forever 8 Offers A Solution to Inventory Capital
E-commerce News

Cryptyde’s Recent Acquisition of Forever 8 Offers A Solution to Inventory Capital

Fintech News Desk
by Fintech News Desk0187
With Cryptyde’s acquisition of Forever 8 Fund, LLC now complete, the company intends to aggressively pursue the $5 trillion dollar e-commerce market, approximately $600 billion2 of which represents Amazon Global and its third-party sellers, Forever 8’s primary sales channel. Forever 8’s distinct business model provides an inventory purchasing solution for e-commerce......
Cover Genius Raises $70 Million in Series D Funding to Further Expand Embedded Business Model
InsurTech News

Cover Genius Raises $70 Million in Series D Funding to Further Expand Embedded Business Model

Fintech News Desk
by Fintech News Desk0190
Raise led by Dawn Capital, with strong participation from new and existing investors Atlas Merchant Capital, GSquared and King River Capital Cover Genius, the global insurtech for embedded insurance, announced it has raised $70M USD in Series D funding in a round led by Dawn Capital, with participation from new......
Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital
Finance Fintech News

Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital

Fintech News Desk
by Fintech News Desk0151
Achieve, the leader in digital personal finance, announced that it has raised a new debt facility totaling $225 million with participation from O’Connor Capital Solutions, the private credit unit of UBS O’Connor LLC, and others, including a multi-trillion dollar asset manager. The debt facility is fully committed. Achieve recently announced a......
Riot Blockchain Announces 1 GW Development in Navarro County, Texas
Blockchain News

Riot Blockchain Announces 1 GW Development in Navarro County, Texas

Fintech News Desk
by Fintech News Desk0249
Expansion expected to provide Riot with an industry-leading 1.7 GW of total developed capacity Riot Blockchain, Inc., an industry leader in Bitcoin mining and hosting, is pleased to announce that it has initiated a large-scale, 1 gigawatt development to expand its Bitcoin mining and hosting capabilities in Navarro County, Texas.......
QuadFi Secures US $100 Million (CAD $127M) Financing Facility with Crayhill Capital Management
Finance Fintech News

QuadFi Secures US $100 Million (CAD $127M) Financing Facility with Crayhill Capital Management

Fintech News Desk
by Fintech News Desk0296
QuadFi, a mission driven global fintech firm headquartered in Canada, announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager. The facility will be used by QuadFi to provide personal loans to people......
Vervent Expands Credit Card Business with Acquisition of First Equity Card
Credit Bureaus News

Vervent Expands Credit Card Business with Acquisition of First Equity Card

Fintech News Desk
by Fintech News Desk0389
Vervent announced the acquisition of First Equity Card Corporation, taking another step in continuing to expand their highly successful credit card business. First Equity Card is one of the nation’s leading providers of bankcard solutions for building or re-building credit. First Equity’s card programs serve hundreds of thousands of accountholders......
Buckle Upsizes Term Loan to Support Continued Growth of Its Insurance Platform
Economy InsurTech News

Buckle Upsizes Term Loan to Support Continued Growth of Its Insurance Platform

Fintech News Desk
by Fintech News Desk0334
Company also renews all reinsurance panels and launches gig product in additional states to aid ongoing growth Buckle, a digital financial services company for the gig economy, has completed a $15 million upsizing of its term loan with participation from Siguler Guff & Company, LP along with existing lender Hudson Structured Capital......
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