Tag : Lending

Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
Wintrust Financial Launches New, Streamlined Securities-Based Lending Solution with Supernova Technology
Digital Lending News

Wintrust Financial Launches New, Streamlined Securities-Based Lending Solution with Supernova Technology

Fintech News Desk
Supernova Technology announces a partnership with Wintrust Financial Corporation for their new wealth lending solution, the Wintrust Premier Investment Credit Line. Supernova Technology is a Chicago-based FinTech company that is a leader in the industry with securities-based lending (SBL) technology. “As Wintrust continues to advance a holistic approach to advising......
Armstrong Bank Selects nCino Platform Across Multiple Lines of Business
Banking Fintech News

Armstrong Bank Selects nCino Platform Across Multiple Lines of Business

Fintech News Desk
Community bank chooses nCino’s cloud-based, single platform to streamline lending, account opening, and client engagement nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry,  announced that Armstrong Bank will deploy the nCino Bank Operating System across multiple lines of business. The nearly $3 billion-asset......
Alternative Investment and Lending Specialists, ITERAM Capital and Menara Capital, Enter Into a Strategic Partnership
Lending News

ITERAM Capital and Menara Capital, Enter Into a Strategic Partnership

Fintech News Desk
ITERAM Capital SA, an independent alternative asset manager, and Menara Capital Ltd, an innovative financial services company, announced that they are entering into a strategic partnership to accelerate the growth and momentum of their lending and financing activities. “This strategic partnership will leverage both companies’ complementary skills in asset management......
HomeStreet Bank Extends Services in Hawaii to Meet Commercial Banking Needs
Analytics Banking Lending News

HomeStreet Bank Extends Services in Hawaii to Meet Commercial Banking Needs

Fintech News Desk
HomeStreet is complementing their 40 years of retail banking services by offering commercial solutions in Hawaii The commercial banking division of HomeStreet Bank is expanding their commercial services into Honolulu, Hawaii. This latest move by HomeStreet aims to provide island business owners, big and small, with a community banking partner......
Simmons Bank and Urban League of Metropolitan St. Louis Announce Agreement to Establish New Full-Service Bank Branch
Analytics Banking News

Simmons Bank and Urban League of Metropolitan St. Louis Announce Agreement to Establish New Full-Service Bank Branch

Fintech News Desk
Construction set to begin in early 2022 on branch that will include drive thru and ATM Simmons Bank and the Urban League of Metropolitan Saint Louis, Inc. (ULSTL) announced the signing of a lease agreement that will establish a new full-service Simmons Bank branch on the first floor at the......
Jack Henry Lending Automates Tax Return Spreading, Streamlining The Loan Process
Banking Lending News

Jack Henry Lending Automates Tax Return Spreading, Streamlining The Loan Process

Fintech News Desk
Tax return spreading embedded into digital lending platform, saving time and boosting efficiencies for banks and credit unions Jack Henry & Associates, Inc. announced that Jack Henry Lending has embedded tax return spreading into its digital lending platform to streamline and automate the process, increasing efficiencies and reducing loan turnaround time......
Populus Financial Group Announces New President and Chief Financial Officer
Banking News

Populus Financial Group Announces New President and Chief Financial Officer

Fintech News Desk
Populus Financial Group, Inc., a leading provider of digital and retail financial services, announces the promotion of Melanie Few to President and Spencer Williams to Executive Vice President, Chief Financial Officer.  Jay Shipowitz continues as Chief Executive Officer and Chairman of the Board. Latest Fintech Insights: MyGate Acquires MyCommunity Genie To Strengthen Community Commerce Play Sue Pressler will......
1