Tag : CDFI

BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank
Finance News

BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank

Fintech News Desk
by Fintech News Desk0331
Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer......
Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities
Fintech Funding News

Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities

Fintech News Desk
by Fintech News Desk0362
Online lending platform’s lending-as-a-service program expands nonprofit community development financial institution’s equitable lending reach and impact Funding Circle, one of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, have launched a new partnership......
Tricolor Adds Veteran Leadership to Aggressively Expand AI-Powered Responsible Lending Platform
Artificial Intelligence Fintech News Risk Management

Tricolor Adds Veteran Leadership to Aggressively Expand AI-Powered Responsible Lending Platform

Fintech News Desk
by Fintech News Desk0396
Purposeful financial technology leader adds proven execs, aims for continued scaling of business into new geographies Tricolor, a tech-enabled Community Development Financial Institution (CDFI) and the nation’s largest used vehicle retailer and lender for the Hispanic consumer, announced that it has named Nick Brown as Chief Risk Officer, Albert Hoover......
Mastercard Start Path Selects Lendio to Join its Global Network of Fintech Innovators
Business Economy Fintech Investment Services News

Mastercard Recognizes Women’s Small Business Month Expanding Partnership with Impact Investment Platform CNote

Fintech News Desk
by Fintech News Desk0413
Company reinforces its commitment to supporting the prosperity of 25 million women entrepreneurs and 50 million small businesses in the digital economy This National Women’s Small Business Month, Mastercard is recognizing those that serve as the foundation of our communities and our economy with the expansion of its partnership with......
Oportun and DolEx to Form Strategic Fintech Lending Partnership
Business Fintech News

Oportun and DolEx to Form Strategic Fintech Lending Partnership

Fintech News Desk
by Fintech News Desk0466
Binding letter of intent reflects companies’ shared commitment to financial inclusion  Oportun announced that it had signed a binding letter of intent to form a strategic fintech lending partnership with DolEx Dollar Express, Inc. The purpose of the partnership is to make Oportun originated, funded and serviced loans, all of......
Quontic Bank Launches First-Ever Bitcoin Rewards Checking Account
Fintech Investment Services News

Quontic Increases Access to Non-Qualified Mortgages as Countertrend to Pandemic Fiscal Restraints

Fintech News Desk
by Fintech News Desk0458
Quontic, the adaptive digital bank, is proud to announce the re-launch of its non-qualified mortgage products (non-QM) for one-to-four family owner-occupied home loans, along with non-QM loans for one-to-four family investors using a non-traditional debt service coverage ratio (DSCR). Quontic’s unique non-QM loans are immediately available through its Wholesale Lending......
Forgivable Loans for Baltimore-Area Small Businesses, Independent Contractors and Non-Profits Available from Lendistry
Banking Business Fintech News

Forgivable Loans for Baltimore-Area Small Businesses, Independent Contractors and Non-Profits Available from Lendistry

Fintech News Desk
by Fintech News Desk0728
Lendistry, the leading fintech Community Development Financial Institution (CDFI), said funds remain available for forgivable loans to eligible small businesses, independent contractors and non-profit organizations in the City of Baltimore. Mayor Bernard C. “Jack” Young announced in April a $10 million commitment, with funding provided by Goldman Sachs under its 10,000 Small Businesses initiative,......
Danske Bank, Denmark’s Largest Bank, Embraces Advanced Analytics From Behavox Compliance Solution to Enhance Risk Management
Banking Fintech News

Quontic Bank Names Casey Christopher as Vice President of Specialty Banking

Fintech News Desk
by Fintech News Desk0608
Seasoned Female Leader in Banking to Drive Innovation & Break the Traditional Banking Mold Quontic, the adaptive digital bank, is pleased to announce the hiring of Casey Christopher, a highly reputable banking leader, as Vice President of Specialty Banking. Quontic is on a mission to break the traditional banking system for......
MUFG Pledges $3 Million to Support Those Affected by COVID-19
Fintech News

MUFG Pledges $3 Million to Support Those Affected by COVID-19

Fintech News Desk
by Fintech News Desk0401
Company announces efforts to help communities, clients and colleagues during unprecedented time Mitsubishi UFJ Financial Group (MUFG) announced that given the global impact and disruption of COVID-19, the company is taking measures to support communities in which it serves across the United States, Latin America and Canada, as well as clients and colleagues.......
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