Tag : consumer finance

Concord Servicing Expands into Commercial Finance Market Through Strategic Acquisition of Industry Leader: Orion First
Finance Fintech News

Concord Servicing Expands into Commercial Finance Market Through Strategic Acquisition of Industry Leader: Orion First

PR Newswire
by PR Newswire0
Transaction creates comprehensive GTCR-backed platform spanning consumer and commercial markets with over $35 billion in managed assets Concord Servicing (“Concord”), a leading provider of credit administration software and services, announced the strategic acquisition of Orion First (“Orion”), the leader in third-party portfolio management and analytics for the equipment finance industry. The transaction......
Nucleus Software and Deem Finance Expand Longstanding Partnership with FinnOne Neo
Finance Lending News

Nucleus Software and Deem Finance Expand Longstanding Partnership with FinnOne Neo

PR Newswire
by PR Newswire0
Nucleus Software, a global leader in digital lending and transaction banking solutions, is pleased to announce its continued collaboration with Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank. As part of this expansion, Deem has selected FinnOne Neo®......
Agora Data Expands into Powersports with $12 Million Model Finance Company Transaction
Finance Fintech News

Agora Data Expands into Powersports with $12 Million Model Finance Company Transaction

PR Newswire
by PR Newswire0
Agora Data, Inc. (“Agora”), a leading consumer fintech company specializing in advanced capital solutions and AI-driven loan performance analytics, has completed a $12 million transaction providing liquidity for Model Finance Company, a powersports finance company. This marks Agora’s first transaction in the powersports sector, opening doors for further expansion into this specialized......
Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions
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Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions

PR Newswire
by PR Newswire0
Company Strengthens its Leadership Team to Supercharge its Continued Momentum Octane, the fintech company revolutionizing the financing experience, announced that it has promoted two executives to Executive Vice President, the first to hold the new title. Both appointments are effective January 1, 2025. Jon Vestal has been named Executive Vice President,......
Payments Leaders Join Solutions By Text Board of Directors Amidst Growth Momentum
Compliance management Finance Fintech News

Payments Leaders Join Solutions By Text Board of Directors Amidst Growth Momentum

PR Newswire
by PR Newswire0
Fiserv and Billtrust alum further strengthen Solutions by Text board as company looks ahead to the next phase of growth Solutions by Text (SBT), the leading platform for compliance-first messaging and payments for consumer finance,  announced the appointment of Rahul Gupta and Flint Lane to its board of directors. The two new......
New MoneyLion Financial Literacy Report Sheds Light on the 2024 Financial Landscape for U.S. Hispanics
Finance Fintech News

New MoneyLion Financial Literacy Report Sheds Light on the 2024 Financial Landscape for U.S. Hispanics

Business Wire
by Business Wire0
The MoneyLion Understanding U.S. Hispanic Financial Literacy & Empowerment 2024 Report explores financial literacy and attitudes toward personal finance within the U.S. Hispanic community MoneyLion (“MoneyLion”), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, shared findings from a new Understanding U.S. Hispanic Financial......
Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance
Finance News

Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance

PR Newswire
by PR Newswire0
By leveraging its unique AI, custom-trained on over 400 million consumer conversations and interactions, Prodigal delivers dynamic new scores and reports based on the most valuable source of information they have – their own customer data. Prodigal, the pioneer of consumer finance intelligence, announces the launch of a suite of......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
Investment Services News

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

PR Newswire
by PR Newswire0
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP
Fintech News

FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP

PR Newswire
by PR Newswire0
FinVolution Group, a leading fintech platform, announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with Bank OCBC NISP. Bank OCBC NISP is an Indonesian publicly listed banking and financial services company, serving customers through 197 office networks in 54 cities in Indonesia as per September 2022. It shows......
iCreditWorks Announces Vaibhav (Vik) Mahajan as Chief Strategy Officer and Head of Capital Markets
Fintech News

iCreditWorks Announces Vaibhav Mahajan as Chief Strategy Officer and Head of Capital Markets

PR Newswire
by PR Newswire0
Vaibhav (Vik) Mahajan, most recently Managing Director of the Financial Institutions Group at Deutsche Bank, joins iCreditWorks as Chief Strategy Officer and Head of Capital Markets. iCreditWorks, one of the fastest-growing “Point-of-Sale” fintech platforms, announced the appointment of Vaibhav (Vik) Mahajan, most recently the Managing Director of the Financial Institutions......
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