Tag : financing

Servus Credit Union Announces Acquisition of Stride Capital Corp. Bolstering Commercial Equipment Leasing Business Within Canada
Finance News

Servus Credit Union Announces Acquisition of Stride Bolstering Commercial Equipment Leasing Business Within Canada

GlobeNewswire
by GlobeNewswire0
Stride Capital becomes a wholly owned subsidiary and new division of Servus Credit Union Servus Credit Union Ltd. announced the successful acquisition of Stride Capital Corp., a Calgary-based equipment financing and leasing provider. This move represents Servus’s next step in reimagining its credit union business in response to the rapidly......
Barnes to Acquire MB Aerospace
Fintech News

Barnes to Acquire MB Aerospace

Business Wire
by Business Wire0
MB Aerospace is a Leading Provider of Precision Aero-Engine Components and Component Repairs for Commercial and Military Aircraft Engines Unique and Highly Complementary Footprint and Technical Capabilities Serving Major Engine OEM, Tier 1 Suppliers, and Operator Customers Globally Significantly Strengthens and Expands Barnes Aerospace’s Global Original Equipment Manufacturing Offering and......
Credit Genie Secures $4 Million Series A Financing to Expand its Innovative Approach to Behavioral Finance and Personalized Budgeting
Finance Machine Learning News

Credit Genie Secures $4 Million Series A Financing to Expand its Innovative Approach to Behavioral Finance

PR Newswire
by PR Newswire0
Creditly Corp., dba Credit Genie, a digital personal finance platform that has helped more than one million Americans, announced that it has raised $4 million in Series A financing. The funding round was led by Tippet Ventures and Khosla Ventures, with participation from Gabriel Investments. Credit Genie’s innovative use of artificial intelligence......
Natixis Corporate & Investment Banking Leads Financing for US$364 Million Portfolio of PV Projects in Chile
Finance News

Natixis CIB Leads Financing for US$364 Million Portfolio of PV Projects in Chile

PR Newswire
by PR Newswire0
Natixis Corporate & Investment Banking has closed a US$364 million financing for a portfolio of a solar photovoltaic utility-scale and PMGD plants in Chile, owned and operated by Solek Holding SE. The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a......
Builders Capital Raises Additional $500 Million of New Capital, Prepares to Fund Billions of New Home Construction Loans This Year
Finance News

Builders Capital Raises Additional $500 Million of New Capital, Prepares to Fund Billions of New Home Construction Loans This Year

Fintech News Desk
by Fintech News Desk0
Builders Capital announced that it has raised an additional $500 Million of new capital to address the needs of home builders and developers, in addition to the $300 Million announced last week. This new capital will help Builders Capital continue their rapid growth and fill the gap in new home construction financing left......
Dispersion Capital Launches $40 Million Fund For Decentralized Infrastructure
Blockchain News

Dispersion Capital Launches $40 Million Fund For Decentralized Infrastructure

Business Wire
by Business Wire0
Backing early-stage infrastructure startups in web3, crypto, and blockchain Early-stage venture firm Dispersion Capital announced its $40 million fund to back foundational web3 infrastructure. Dispersion Capital has already invested in 20 companies, with a majority receiving follow-on financing since Dispersion’s investment. Patrick Chang, Dispersion Capital’s founder and managing partner, is a seasoned......
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
Banking Finance News

CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market. Founded in 1971 and headquartered in Swanton, Ohio, Tronair is a......
Fivetran Announces $125 Million in New Financing from Vista Credit Partners
Finance Investment Services News

Fivetran Announces $125 Million in New Financing from Vista Credit Partners

Business Wire
by Business Wire0
Investment will be used to accelerate enterprise growth, global go-to-market strategy and fuel platform innovation Fivetran, a global leader in automated data movement, announced $125 million in financing from Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic credit and financing partner focused on the enterprise software, data and technology......
Union.ai Announces $19.1 Million Series a and Launches All-New Union Cloud to Simplify AI and Data Workflows for All
Machine Learning News

Union.ai Announces $19.1 Million Series a and Launches All-New Union Cloud to Simplify AI and Data Workflows for All

Business Wire
by Business Wire0
Union Cloud enables any organization to operationalize complex AI with data ownership, governance and cost efficiency Union.ai, a company that extends companies’ ability to create next-generation AI and data products at scale, announced general availability of Union Cloud for North American and European customers of AWS and GCP. Union Cloud......
As Big Banks Fall, SMBs Turn to Alternative Funding
Banking News

As Big Banks Fall, SMBs Turn to Alternative Funding

Fintech News Desk
by Fintech News Desk0
Only 14% of growing businesses still prefer large national or international banks compared to alternative lenders, according to Capterra research As big banks collapse amidst inflation and rising interest rates, small and midsize businesses (SMBs) are disproportionately impacted as loans become more difficult to secure. Capterra‘s 2023 Financing Survey of over 450......
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