Tag : financing

TRADE X Opens New Automotive Trading Facilities in Kenya
News Trading

TRADE X Opens New Automotive Trading Facilities in Kenya

Fintech News Desk
The TRADE X global automotive trading platform creates a strategic hub in Kenya, which will serve automotive dealers within key East African countries TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced that it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse......
Bread Financial and Versatile Credit Team-up to Introduce BNPL to the Versatile Platform
Digital Payments Lending News

Bread Financial and Versatile Credit Team-up to Introduce BNPL to the Versatile Platform

Fintech News Desk
Versatile Credit’s platform paired with Bread Financial’s BNPL technology offers customers increased financing flexibility and a seamless checkout experience Bread Financial Holdings, Inc., a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, announced a new relationship with Versatile Credit Inc., a leading provider of innovative......
HSBC and Silent Eight Expand Machine Learning Partnership
Artificial Intelligence Finance News

HSBC and Silent Eight Expand Machine Learning Partnership

Fintech News Desk
Silent Eight announced an extension to its existing partnership with HSBC to tackle financial crime. The new service will cover the deployment of Negative News Screening that leverages machine learning to identify individuals who pose a greater risk for money laundering, fraud or terrorist financing. As financial crime continues to......
Rockhill Capital & Investments Joins Forces With Horizon Capital Partners
Finance Investment Services News

Rockhill Capital & Investments Joins Forces With Horizon Capital Partners

Fintech News Desk
Now under one roof as Rockhill Capital & Investments, the merger is advancing the North Texas firm’s leadership team and real estate investing capabilities Veteran North Texas real estate development firm, Rockhill Capital & Investments, announced its merger with North Texas-based real estate investment firm, Horizon Capital Partners. Now under one roof......
Vista Credit Partners Expands Direct Lending Business with New Appointment
Investment Services Lending News

Vista Credit Partners Expands Direct Lending Business with New Appointment

Fintech News Desk
Greg Galligan joins as Senior Managing Director, Vista Credit Partners Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, announced the appointment of Greg Galligan as Senior Managing Director at Vista Credit Partners. Mr. Galligan will be responsible for managing the direct......
Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth
B2B Digital Payments E-commerce News

Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth

Fintech News Desk
Credit Facility Enables Balance to Support Digital Trade Transformation Balance, the leader in B2B payments specializing in financing and ecommerce, has announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital. This announcement comes on the heels of Balance’s $56M in Series B financing......
Flexiti Reaches C$1 Billion in Loan Book
Finance News

Flexiti Reaches C$1 Billion in Loan Book

Fintech News Desk
This financial milestone represents 118% growth YOY Flexiti Financial Inc., a leading point-of-sale consumer financing solution for retailers, is pleased to announce that the company has reached C$1 billion in loan book (“receivables”) and has also surpassed C$1 billion in new originations to date in 2022, doubling total originations achieved......
PayZen Raises $220 Million Growth Round for Personalized Healthcare Affordability
Fintech News

PayZen Raises $220 Million Growth Round for Personalized Healthcare Affordability

Fintech News Desk
The round is comprised of a $200 million credit facility and $20 million equity raise PayZen, the fintech company tackling healthcare affordability with personalized, no-cost patient financing solutions, has raised a $220 million growth round to strengthen its leadership position as it pioneers the new category of Affordability Financing. The......
CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
Finance News

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted......
Redaptive, Rabobank and Energetic Insurance Reveal $50 Million Partner-Driven Effort to Support Energy Efficiency Projects
Banking News

Redaptive, Rabobank and Energetic Insurance Reveal $50 Million Partner-Driven Effort to Support Energy Efficiency Projects

Fintech News Desk
Energetic Insurance and Rabobank work to expand Redaptive’s diverse customer base with credit insurance to support $50 mln credit facility Redaptive, a San Francisco-based Energy-as-a-Service provider of energy-saving and energy-generating equipment, has announced the start of a three-company partnership designed to enhance its capability to promote a 1,000+-site portfolio of......
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