Tag : financing

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud
Finance News

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud

Fintech News Desk
by Fintech News Desk0
SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network. “Trade finance is rightly understood to be a low-risk asset class that finances the real......
Axelor Raises €10 Million in Series A Fundraising and Enters the UK and North American Markets
Investment Services News

Axelor Raises €10 Million in Series A Fundraising and Enters the UK and North American Markets

Fintech News Desk
by Fintech News Desk0
Axelor, the French publisher of the eponymous platform, has announced a Series A financing round for a total of 10 million Euros, primarily from the investment fund Inter Invest Capital. This round of financing is part of Axelor’s development strategy, a modular and intelligent business process management platform, which is centred on four......
FinVolution Secures Increased Financing Facility for AdaKami Through Strengthened Cooperation with PT Bank Jago
Finance News

FinVolution Secures Increased Financing Facility

Fintech News Desk
by Fintech News Desk0
FinVolution Group (“FinVolution,” or the “Company”), a leading fintech platform, announced that its Indonesian subsidiary, AdaKami, obtained a fivefold increase in its financing facility with PT Bank Jago Tbk (“Bank Jago”). The increase from 100 billion Rupiah to 500 billion Rupiah (US$34.9 million) will enhance AdaKami’s ability to expand credit access to broader......
GalaxySpace Completes a New Financing Round with Legend Capital Re-upped
Investment Services Investments News

GalaxySpace Completes a New Financing Round with Legend Capital Re-upped

Fintech News Desk
by Fintech News Desk0
GalaxySpace, a Chinese commercial aerospace company, recently completed its latest financing round with a post-investment valuation of approximately RMB11 billion. As an existing shareholder, Legend Capital continued to support the company by following up on this financing round. Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire......
TimePayment Announces New $375Million Revolving Credit Facility
Fintech News

TimePayment Announces New $375Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its previous, primary facility that was set to mature at year end. BMO Harris Bank......
CIT Increases Financing for FOX Rehabilitation by $50 Million
Banking Finance News

CIT Increases Financing for FOX Rehabilitation by $50 Million

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. “Latest Fintech News: PalmPay Hits 10 Million User Milestone in Nigeria The original financing was developed in connection with FOX’s acquisition by Blue Wolf Capital......
Crescent European Specialty Lending Announces Financing for Primary Capital’s Refinancing and Recapitalization of Metamark
Finance News

Crescent European Specialty Lending Announces Financing for Primary Capital’s Refinancing and Recapitalization of Metamark

Fintech News Desk
by Fintech News Desk0
Crescent Capital Group LP, a leading alternative credit investment firm, announced that its European Specialty Lending strategy has provided financing to support Primary Capital’s refinancing and recapitalization of Metamark, a U.K.-based manufacturer and supplier of self-adhesive visual communication materials focused on retail advertising, commercial vehicle wrapping, architectural and other specialty......
Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank
Banking Finance News

Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank

Fintech News Desk
by Fintech News Desk0
Secured Debt Facility Enables Koalafi to Further Scale Expansion of Loan Financing to Serve More Consumers Through an Innovative Single Application Koalafi, a fast-growing consumer financing provider committed to providing innovative pay-over-time options to customers from all credit backgrounds, announced today the signing of a multi-million secured debt facility from......
Renew Financial Announces Loyalty and Satisfaction Significantly Higher Than The Benchmark
Fintech News

Renew Financial Announces Loyalty and Satisfaction Significantly Higher Than The Benchmark

Fintech News Desk
by Fintech News Desk0
Renew Financial (Renew), the nation’s most experienced and one of the leading Residential Property Assessed Clean Energy (R-PACE) financing companies, is proud to report a Net Promoter Score (NPS) of 77 compared to the financial services average of 34, outshining the competition. Latest Fintech News: C2FO and Vic.ai Partner to Bring AI......
Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability
Banking Finance News

Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability

Fintech News Desk
by Fintech News Desk0
The relationship will support commercial real estate financing for new construction tied to ESG principles. Partners announce first ESG loan closing for Net Zero Energy, multifamily project in Geneva, NY. Valley National Bank announced a new partnership with The Community Preservation Corporation (CPC) to fund up to $100 million in permanent loans that......
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