Tag : Lending

Momnt Partners with Cross River to Make Lending More Accessible
Banking Lending News

Momnt Partners with Cross River to Make Lending More Accessible

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River Bank, a leading financial services and technology infrastructure provider that offers embedded financial solutions. Merchants on the Momnt platform......
Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Mortgage News

Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability

GlobeNewswire
by GlobeNewswire0
Equifax Canada Market Pulse — Consumer Quarterly Credit Trends Report Credit demand remained high in the first quarter of this year while the mortgage market experienced a notable slowdown, according to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report. Despite the slow mortgage market, the total consumer......
Builders Capital Raises Additional $500 Million of New Capital, Prepares to Fund Billions of New Home Construction Loans This Year
Finance News

Builders Capital Raises Additional $500 Million of New Capital, Prepares to Fund Billions of New Home Construction Loans This Year

Fintech News Desk
by Fintech News Desk0
Builders Capital announced that it has raised an additional $500 Million of new capital to address the needs of home builders and developers, in addition to the $300 Million announced last week. This new capital will help Builders Capital continue their rapid growth and fill the gap in new home construction financing left......
TradeIndia.com Launches TradeUdhaar: Empowering MSMEs with Unsecured Working Capital Loans
B2B Lending News

TradeIndia.com Launches TradeUdhaar: Empowering MSMEs with Unsecured Working Capital Loans

Fintech News Desk
by Fintech News Desk0
TradeIndia.com, the leading online B2B marketplace connecting buyers and suppliers globally, is excited to announce the launch of its lending arm, TradeUdhaar. TradeUdhaar is set to revolutionize the financing landscape for MSMEs. This remarkable achievement underscores the overwhelming demand for TradeUdhaar’s innovative financing solutions and highlights its significant impact on......
Roc360 Further Expands its Leading Portfolio of Brands with Acquisition of Origination Assets of Civic Financial Services
Investment Services Lending News

Roc360 Further Expands its Leading Portfolio of Brands with Acquisition of Origination Assets of Civic Financial Services

PR Newswire
by PR Newswire0
Roc Capital Holdings LLC, a vertically integrated platform for residential real estate investors and a leading originator of business-purpose loans nationwide, announced it has purchased the origination assets of Civic Financial Services, a subsidiary of Pacific Western Bank. Under the terms of the transaction, CIVIC, one of the leading institutional......
QED Investors Closes Nearly $1 Billion in New Funds
Fintech Fintech Funding News

QED Investors Closes Nearly $1 Billion in New Funds

Business Wire
by Business Wire0
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs Leading global fintech venture capital firm QED Investors announced that it has closed two new funds with combined capital commitments of $925 million. The new capital commitments comprise Fund VIII, an oversubscribed $650 million early stage fund,......
Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services
Lending News

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services

Business Wire
by Business Wire0
Pioneer of peer-to-peer lending marketplace in the United States wins FICO® Decisions Award for Financial Inclusion Prosper, the first peer-to-peer lending marketplace in the United States, has used FICO Scores for its new Prosper Card to extend credit services to over 200,000 near-prime customers and proactively manage credit line changes......
REPAY Announces Integration With Q2’s Digital Banking Platform
Banking News

REPAY Announces Integration With Q2’s Digital Banking Platform

Business Wire
by Business Wire0
Financial Institutions can now provide REPAY’s payment solution to their users through Q2’s Digital Banking Platform Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. is a leading provider of digital transformation solutions......
Role of Back-office Automation Software In Insurance And Mortgage Industry
Banking Commerce Featured Fintech Primers InsurTech Mortgage

Role of Back-office Automation Software In Insurance And Mortgage Industry

Pooja Choudhary
by Pooja Choudhary0
This is a piece with impeccable data sanity along with a combination of a few interesting splices and dices of information for a data geek like me. What’s the lesson here? Let’s scroll down. This exciting digital world, and the speed at which technology is being adopted, are enabling the......
Bread Financial Releases 2022 ESG Report, Showcases Progress Amid Multi-Year Business Transformation
Digital Payments Finance News

Bread Financial Releases 2022 ESG Report, Showcases Progress Amid Multi-Year Business Transformation

Business Wire
by Business Wire0
Tenth annual report highlights progress within environmental, social and governance initiatives, while supporting long-term financial and reputational goals Bread Financial, a tech-forward financial services company providing simple, personalized payment, lending and saving solutions, released its 2022 Environmental, Social and Governance (ESG) Performance Report, highlighting the significant progress made against Bread......
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