Tag : investment fund

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization
Finance Fintech Lending News

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization

PR Newswire
Deal backed by Achieve Personal Loans brings total securitization volume of Achieve assets to over $5.9 billion Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans. The securitization, ACHV ABS Trust 2024-2PL, includes four classes of rated notes......
Biptap is Set to Disrupt the Financial Industry After 2 Million Funding
Fintech Funding News

Biptap is Set to Disrupt the Financial Industry After 2 Million Funding

GlobeNewswire
Biptap, one of the fastest-growing fintech companies, specializing in privacy-centric offshore banking solutions, announced it has raised $2 million in a pre-seed funding round. The round attracted prominent investors, including multiple web3 decentralized investment funds, a travel facilitator with a 2.5 million hotel network, an encryption tech firm formerly owning......
An Investment Fund Created by ChatGPT Is Still Outperforming the UK’s Top 10 Most Popular Funds After 5 Months
Investment Services News

An Investment Fund Created by ChatGPT Is Still Outperforming the UK’s Top 10 Most Popular Funds After 5 Months

Fintech News Desk
ChatGPT has led the real funds for 116 out of the 121 market days (95.87%) A fund consisting of 38 stocks chosen by ChatGPT has consistently outperformed the UK’s top 10 most popular funds. This fictional fund was created as part of a conceptual experiment and, as of the 25th......
Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent
Investment Services Mortgage News

Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent

GlobeNewswire
Westboro Mortgage Investment Fund has increased the monthly distribution per eligible Class F unit from $0.070/Unit (70 bps) to $0.073/Unit (73 bps). This increase provides for a non-compounded annualized return of 8.76%, or if the investor opted to reinvest distributions (DRIP), a compounded annualized return of 9.01%. The impressive performance......
Discover Launches $36 million Fund Aimed to Improve Financial Health in Delaware
Fintech Investment Services News

Discover Launches $36 million Fund Aimed to Improve Financial Health in Delaware

Business Wire
Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses. Discover Bank has made an initial capital commitment of......
Crypto 1 Announces Its $500 Million C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies
Cryptocurrency Fintech Funding Investment Services News

Crypto 1 Announces Its $500 Million C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

Business Wire
Crypto 1 announces the founding of the C1 Secondaries Fund, a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. “Despite the so-called Crypto reset, investment in Digital Assets and Crypto-related services continues to grow rapidly. At its core this is the next digitization......
Alchemy Pay Partners with ZD Group, Parent Company of Mouette Securities, Shares Four Hong Kong Licenses and Receives Its Investment
Digital Payments News

Alchemy Pay Partners with ZD Group, Parent Company of Mouette Securities, Shares Four Hong Kong Licenses and Receives Its Investment

PR Newswire
The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. Within the frame of this strategic collaboration, ZD Group provides investment and shares its four financial licenses authorized by Securities and Futures Commission......
SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank
Investment Services News

SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank

Fintech News Desk
Competitive cost of capital to benefit solar developers across the country SolaREIT, a solar real estate investment fund, announced that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to......
Caplight Announces Caplight Data, a Platform for Monitoring Private Company Valuations, to Improve Transparency in the Private Market
News Trading

Caplight Announces Caplight Data, a Platform for Monitoring Private Company Valuations, to Improve Transparency in the Private Market

Fintech News Desk
Caplight announced the release of Caplight Data, a tool for tracking venture-backed private company stock prices, valuations, and trading activity. Lack of visibility into private company stock prices prevents many investors from participating in the private secondary market. Caplight Data offers a solution by providing users with access to a large......
BORANETWORK Launches US$30 Million 'BORA Ecosystem Fund'
Blockchain Investment Services News

BORANETWORK Launches US$30 Million ‘BORA Ecosystem Fund’

Fintech News Desk
First target investments include gamefi wallet solution Me3, metaverse and game developer Skyark Chronicles and NFT inter-chain platform HAVAH BORANETWORK (President: Gyehan Song) announced on November 10, 2022 that they have launched a US$30 million strategic investment fund known as the “BORA Ecosystem Fund” with Widus Partners, a global investment firm. The fund will......
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