Tag : financing opportunities

LendingPoint Closes $900 Million Committed Forward Flow Program
Lending News

LendingPoint Closes $900 Million Committed Forward Flow Program

Business Wire
by Business Wire0
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity The financial technology platform LendingPoint, announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. “Our strategy is to stay hyper-focused on ensuring that we......
CredAble Appoints Mr. Gaurav Dugar as Executive VP & General Counsel
Finance News

CredAble Appoints Mr. Gaurav Dugar as Executive Vice President & General Counsel

Fintech News Desk
by Fintech News Desk0
At CredAble, Mr. Gaurav will be responsible for building, developing and leading the group’s legal function CredAble – an award-winning AI-Powered Technology Platform that enables Working Capital Financing across enterprise ecosystems announced the appointment of Mr. Gaurav Dugar as Executive Vice President & General Counsel. Mr. Gaurav is a seasoned......
Profectus Capital Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform
Artificial Intelligence News

Profectus Capital Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
by Fintech News Desk0
Successful deployment of decisioning platform with industry-tested scorecards based on alternative data Scienaptic AI, a leading global AI-powered credit decision platform provider, announced that Profectus Capital is now live on its platform. As a part of Phase-I implementation, Scienaptic has deployed its credit decisioning engine and industry-tested scorecards for Bureau data and......
Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study
Fintech News

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study

Fintech News Desk
by Fintech News Desk0
Analysis of 100,000 Firms Finds Pandemic Revenues and Profits Fell Last Year The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in......
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