Tag : Lending

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
by PR Newswire0
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023
Finance Fintech News

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023

PR Newswire
by PR Newswire0
The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business Wealthfront, a leading consumer fintech and pioneer of the robo-advisor industry, is proud to announce that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young......
ParaSwap Enhances Mobile DeFi On-Ramp Experience with Transak
DeFi News

ParaSwap Enhances Mobile DeFi On-Ramp Experience with Transak

GlobeNewswire
by GlobeNewswire0
ParaSwap, a leading decentralized finance (DeFi) aggregator with a total volume processed of over $54 billion, unveiled its integration of Transak, the leading crypto on/off ramp solution. This integration makes Transak the preferred on-ramp solution in ParaSwap’s iOS mobile wallet. This collaboration is poised to transform the accessibility of DeFi,......
WeBank's Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report
Banking News

WeBank’s Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report

PR Newswire
by PR Newswire0
WeBank, the world’s leading digital bank, has been featured in the Digital Lending Can Turn the Dial on Financial Access for MSMEs report, recently published by the ASEAN Business Advisory Council (ASEAN-BAC) and Boston Consulting Group (BCG). The report recognizes WeBank’s performance of delivering Openhive-based distributed digital banking services to ensure......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Plains State Bank Acquires Houston-based Core+ Financial Strategies, Core+ Tax Strategies
Finance Investment Services News

Plains State Bank Acquires Houston-based Core+ Financial Strategies, Core+ Tax Strategies

PR Newswire
by PR Newswire0
Texas-based Plains State Bank (PSB) has acquired Core+ Financial Strategies and Core+ Tax Strategies (Core+), adding a portfolio of complementary services for small businesses and individual customers. The advisors at Core+ Financial Strategies have chosen Raymond James Financial Services as their broker/dealer. “The principals at Core+ have been helping clients with investment planning for many......
Fintel Connect Announces Strategic Partnership with TAB Bank to Expand Reach to Underserved Communities
Finance Fintech News

Fintel Connect Announces Strategic Partnership with TAB Bank to Expand Reach to Underserved Communities

PR Newswire
by PR Newswire0
Fintel Connect, the leading partner marketing platform and network built for financial services, announced its strategic partnership with TAB Bank, a digital-forward bank focused on delivering top-quality financial services to individuals, families, and businesses across the nation, with a particular emphasis on underserved communities. TAB Bank chose Fintel Connect as......
TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution
Digital Finance News

TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution

Business Wire
by Business Wire0
41In just 24 days Chartway Credit Union generated more than 500 new certificates and over $3 million in deposits with new solution TruStage announced CuneXus will be known as ‘Digital Storefront’. The new name reflects the fintech’s evolution since it was acquired by TruStage in 2020 and aligns with the organization’s rebrand......
Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
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