Tag : financing

Greenlight Appoints Chief Financial Officer, Chief Technology Officer and Chief Operating Officer
Banking Fintech News

Greenlight Appoints Chief Financial Officer, Chief Technology Officer and Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
Leading family fintech bolsters executive leadership bench with CFO Brian Dong, CTO Sameera Rao and COO Will Yu; surpasses $100 million annual recurring revenue (ARR) milestone Greenlight Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, announced several key executive hires to further accelerate......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business
Banking News

Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business

Fintech News Desk
by Fintech News Desk0
Mercuria’s North American operating entities (“Mercuria” or “the Company”) are pleased to announce the successful closing of its US$ 2,200,000,000 multi-year senior secured borrowing base credit facility (the “Facility”). The Facility was over-subscribed, enabling Mercuria to increase the size by US$ 500,000,000 and add a 2-year tranche.  The joint and several borrowers are Mercuria......
Kueski, One of the Largest BNPL Providers in Latin America, has Closed Over US$200M in Financing, Led by StepStone Group and Victory Park Capital
Finance Fintech News

Kueski, One of the Largest BNPL Providers in Latin America, has Closed Over US$200M in Financing, Led by StepStone Group and Victory Park Capital

Fintech News Desk
by Fintech News Desk0
Kueski announces a US$202M Series C equity and debt financing round.  The firm has completed more than 5 million transactions online. Kueski Pay has had 210X YoY growth from November 2020 to November 2021. Kueski, one of the largest buy now, pay later (BNPL) and online consumer lenders in Latin......
Credlix Acquires NuPhi, EXIM FinTech Start-up, Grows Supply Chain Financing Business to $100 Million
Fintech Fintech Startups News

Credlix Acquires NuPhi, EXIM FinTech Start-up, Grows Supply Chain Financing Business to $100 Million

Fintech News Desk
by Fintech News Desk0
Credlix, the digital supply chain financing platform from Moglix, has entered the EXIM financing space, with its acquisition of NuPhi. The acquisition comes shortly after Moglix’s entry into the Middle East region. As Moglix continues to expand globally, it is focusing on strengthening its supply chain financing solutions to enable......
Revolution Capital Acquires Growth Capital
Fintech News

Revolution Capital Acquires Growth Capital

Fintech News Desk
by Fintech News Desk0
 Acquisition solidifies Revolution’s unrivalled position as market leader Revolution Capital, the leading provider of factoring & cash-flow financing in Canada and the United States, has acquired Growth Capital, a factoring firm specializing in the transportation industry. Top Globalfintechseries.com Insights: Blockchain Intelligence Group is First Analytics and Monitoring Company to Support Syscoin, Future-Proof Payments, Tokens, NFT and......
Stori, a top Mexico fintech, raises $200M in Financing
Finance Fintech News

Stori, a top Mexico fintech, raises $200M in Financing

Fintech News Desk
by Fintech News Desk0
Credit card-led fintech Stori announced that it has closed one of the largest Series C equity financing rounds in Latin America to date, accompanied by a debt raise that will be used to fund Stori’s rapidly growing credit card portfolio. The $125M over-subscribed Series C round was co-led by global VC GGV Capital......
Nuro Announces $600 Million in Series D Funding
Fintech News

Nuro Announces $600 Million in Series D Funding

Fintech News Desk
by Fintech News Desk0
New investment enhances Nuro’s ability to commercialize its zero-occupant autonomous delivery vehicles Leading autonomous vehicle company Nuro announced a new round of financing led by Tiger Global Management with participation from Baillie Gifford, Fidelity Management & Research Company, LLC, Gaorong Capital, Google, Kroger, SoftBank Vision Fund 1, funds and accounts......
Artis Technologies Launches Healthcare Financing for Practices
Finance News

Artis Technologies Launches Healthcare Financing for Practices

Fintech News Desk
by Fintech News Desk0
Artis Technologies is excited to announce the launch of the company’s newest division: Artis Healthcare Financing. This new vertical allows for practices such as dental, veterinary, and elective medical to provide low-friction, affordable financing to their patients at the point of need. The completely digital platform presents customers with instant......
Crédit Agricole CIB Advises and Finances Innovative $980 Million Multi-Technology Chilean Energy Platform
Fintech News

Crédit Agricole CIB Advises and Finances Innovative $980 Million Multi-Technology Chilean Energy Platform

Fintech News Desk
by Fintech News Desk0
Crédit Agricole CIB advised and financed a $980 million project finance deal for Chilean energy platform GM Holdings S.A. (Generadora Metropolitana), a 1.23 GW multi-technology energy platform providing 8% of the Chilean electricity market. The financing was the largest non-recourse transaction in Chile this year. Generadora Metropolitana is the fifth......
Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities
Finance News

Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities

Fintech News Desk
by Fintech News Desk0
Live Oak Bank has reached a milestone in providing more than $1.2 billion in renewable energy financing for solar and bioenergy projects in rural communities nationwide. Live Oak is the largest U.S. Department of Agriculture (USDA) lender in the country, according to 2020 data from the USDA, and made its first......
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