Tag : Debt Financing

Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem
debt collection Fintech News

Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem

Fintech News Desk
by Fintech News Desk0
Financing Will Underpin Development of FinTech Ecosystem of Products and Services Bitcoin Well Inc., a technology company building and utilizing products that offer safe and easy ways to buy, sell and use Bitcoin, is pleased to announce a CDN$5.0 million secured convertible debenture at a conversion price of $0.30. The......
Silicon Valley Bank Commits to $5 Billion in Sustainable Finance and Carbon Neutral Operations to Support a Healthier Planet
Finance News

Silicon Valley Bank Commits to $5 Billion in Sustainable Finance and Carbon Neutral Operations to Support a Healthier Planet

Fintech News Desk
by Fintech News Desk0
Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, announced it has committed to provide at least $5 billion by 2027 in loans, investments and other financing to support sustainability efforts and the company has set a goal to achieve carbon neutral operations by 2025.......
P97 Secures $40 Million of Venture Debt Financing from an Affiliate of Peak Rock Capital
Commerce News

P97 Secures $40 Million of Venture Debt Financing from an Affiliate of Peak Rock Capital

Fintech News Desk
by Fintech News Desk0
P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm. This new credit facility was designed to support several......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Business Finance News

Bascom Group Wraps Up the Year, Acquiring a 320-Unit Multifamily Acquisition in Florida

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC  has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill Capital’s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill......
Performant Financial Corporation Announces $35 Mllion Debt Refinancing
Banking Digital Payments News

Performant Financial Corporation Announces $35 Mllion Debt Refinancing

Fintech News Desk
by Fintech News Desk0
Performant Financial Corporation, a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, announced that it has entered into a new credit agreement with MUFG Union Bank that provides the Company with up to $35......
Bridge Bank Issues $4 Million Line of Credit to Ride Health
Banking News

Bridge Bank Issues $4 Million Line of Credit to Ride Health

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that it has issued an accounts receivable-based $4 million line of credit to Ride Health, a New York City-based healthcare technology and services company focused on patient transportation. The line of credit will be used to support working capital needs. “Bridge Bank works with many innovative companies like Ride......
Micromobility Enabler Dott Raises $85 Million in Series B Funding
Finance Fintech Investments News

Micromobility Enabler Dott Raises $85 Million in Series B Funding

Fintech News Desk
by Fintech News Desk0
Dott, the European micromobility company, announces today the signing of an $85 million Series B funding round led by Sofina, a Belgium-based investment company listed on Euronext Brussels and a supportive partner of entrepreneurs and families managing growing companies, and co-led by Estari, a growth equity investor in European sustainability......
Ramp Announces $150M in Debt Financing from Goldman Sachs
Fintech News Risk Management

Ramp Announces $150M in Debt Financing from Goldman Sachs

Fintech News Desk
by Fintech News Desk0
With its first debt financing round, America’s fastest growing corporate card can serve more customers. Ramp announced $150 million in debt financing from Goldman Sachs to fuel growth for Ramp, a corporate card focused on helping businesses spend less money and automate their finances. Goldman Sachs Bank USA provided the credit line......
Neo Financial Raises $50 Million in Series A Funding and Debt Financing
Capital Markets Fintech Fintech Funding News

Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Fintech News Desk
by Fintech News Desk0
Fintech startup raises one of the largest Series A rounds in Western Canada amidst unprecedented year  Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding......
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