Tag : Lending

State Bank of Texas Ranks as Top-Performing Community Bank in Nation
Banking News

State Bank of Texas Ranks as Top-Performing Community Bank in the Nation

Fintech News Desk
Recognition among all community banks between $100 million and $10 billion in assets State Bank of Texas, the nation’s leader in hospitality lending, is reporting its 2021 year-end results with a net profit of $50 million and total assets of $1.35 billion. The bank’s Return on Average Assets (ROAA) is......
Blockdaemon Announces Investment Into StakeWise to Build Liquid Staking Solution
Blockchain News

Blockdaemon Announces Investment into StakeWise to Build Liquid Staking Solution

Fintech News Desk
boldstart ventures also participating in the investment into StakeWise Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking, announced a strategic investment in StakeWise, a liquid staking protocol on Ethereum, as they together build the world’s first Eth2 liquid staking solution for financial institutions and large tech......
Austin Capital Acquires Candor Ventures
Fintech News

Austin Capital Acquires Candor Ventures

Fintech News Desk
Austin Capital General Partners acquires Candor Ventures to bolster its incubation and acceleration capabilities Austin Capital General Partners, LLLP announces its strategic acquisition of Candor Ventures, a venture studio and fund focused on early-stage venture investments and incubations. “We are so excited to welcome a team with a proven track......
Zest AI Releases New Race Prediction Model To Reduce Systemic Bias In Lending
Artificial Intelligence Lending News

Zest AI Releases New Race Prediction Model To Reduce Systemic Bias In Lending

Fintech News Desk
Technology addresses inaccuracies in race prediction affecting tens of millions of Americans Zest AI, a leader in software for AI-driven lending, announced the launch of Zest Race Predictor (ZRP). This open-source machine-learning algorithm estimates the race/ethnicity of an individual using only their full name and home address as inputs. ZRP can......
Provenance Blockchain Foundation Announces Banking Executive Morgan McKenney as CEO
Blockchain News

Provenance Blockchain Foundation Announces Banking Executive Morgan McKenney as CEO

Fintech News Desk
Former senior Citi executive will lead expansion of the foundation to enable financial institutions to realize significant business benefits from blockchain The Provenance Blockchain Foundation today announced that Morgan McKenney has joined the organization as its CEO. In this role, McKenney will partner with a range of financial institutions, fintechs, developers, and......
Archwest Capital Launches Single-Family Residential Bridge Financing
Finance Lending News

Archwest Capital Launches Single-Family Residential Bridge Financing

Fintech News Desk
Experienced direct lender returns to the market to help investors meet the need for housing Archwest Capital, a California-based direct lender specializing in real estate loan solutions, has added bridge financing for single-family residential investments to its diverse portfolio of lending products. Calling upon the leadership team’s experience partnering with......
Nuvision Credit Union Earns Community Development Certification to Better Serve
Finance News

Nuvision Credit Union Earns Community Development Certification to Better Serve

Fintech News Desk
The US Treasury Department’s Community Development Financial Institutions Fund recently certified Nuvision Credit Union as a Community Development Financial Institution (CDFI). This designation is available only to organizations that have proven they provide financial services and products in low-income communities and to people who lack access to financing. CDFI certification is granted......
Cross River and Sunstone Credit Announce Partnership
Investment Services News

Cross River and Sunstone Credit Announce Partnership

Fintech News Desk
Sunstone Credit’s solar financing products customized for businesses further differentiate Cross River’s lending portfolio Cross River Bank, a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc., a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), today announced a partnership to further Sunstone’s......
Visa Launches Program to Help Minority Depository Institutions Drive Economic Mobility
Digital Payments News

Visa Launches Program to Help Minority Depository Institutions Drive Economic Mobility

Fintech News Desk
Visa will invest up to $100 million via deposits with MDIs and Provide Tools and Capacity Support to Minority-Led Banks Visa, a leading global payments technology company, announced the launch of Visa Minority Depository Institutions Accelerate, a new program to help reduce economic disparities and expand access and opportunity in......
Uplinq Looks East with fundii Partnership
Credit Bureaus Lending News

Uplinq Looks East with fundii Partnership

Fintech News Desk
Transformative credit assessment platform, Uplinq, is delighted to announce a new partnership with fundii, the only equity fundraising platform dedicated to tech startups across the Middle East and North Africa (MENA) region By providing billions of unique and validated data signals, which go beyond traditional credit indicators, Uplinq helps small......
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