Tag : financing

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......
Haru Invest Adds Support for USDC Across Platform at Competitive Earn Rates
Cryptocurrency Digital Asset Management News

Haru Invest Adds Support for USDC Across Platform at Competitive Earn Rates

Fintech News Desk
CeFi investment platform, which recently secured $4M in financing at a $280M valuation, now supports five of the top six tokens; USDC tokens are 100% backed by cash and short-dated U.S. treasuries Haru Invest, a leading digital asset management platform, announced it now supports USD Coin (USDC), the fifth largest cryptocurrency by market......
Venus Concept Announces Completion of $6.72 Million Private Placement Financing
Finance News

Venus Concept Announces Completion of $6.72 Million Private Placement Financing

Fintech News Desk
Venus Concept Inc., a global medical aesthetic technology leader, announced that it has completed a non-brokered private placement of convertible preferred stock and common stock of the Company. Pursuant to the Private Placement, an aggregate of 3,185,000 Preferred Shares and 1,750,000 Common Shares were issued, resulting in aggregate gross proceeds......
Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds
Banking Business News

Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds

Fintech News Desk
Seven in 10 feel they are well positioned to borrow, with equipment financing being their top need Mid-Atlantic small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs, a new......
Santander Bank Offering Healthcare Equipment Financing as Part of Commercial Finance Expansion
Finance News

Santander Bank Offering Healthcare Equipment Financing as Part of Commercial Finance Expansion

Fintech News Desk
Santander Bank, N.A. announced the expansion of its Commercial Equipment and Vehicle Finance business to include commercial equipment financing to healthcare organizations. The new, nationwide offering will provide financing for state-of-the-art medical technology and equipment to hospitals and health systems, out-patient clinics, and specialized providers. “Our approach will mirror industries......
Revere Partners Commits $10 Million in Investments to Revolutionize Fintech in Dentistry
Fintech Investment Services News

Revere Partners Commits $10 Million in Investments to Revolutionize Fintech in Dentistry

Fintech News Desk
First oral-focused VC fund invests in Choice Payment Services, Walnut, FeatherPay, Plan Forward, Zuub, AirPay and Tuuthfairy to streamline billing, insurance and finance processes Revere Partners, the first and only venture capital fund focused on oral health, announced that the fund is investing more than $10 million in fintech for......
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