Tag : loan financing

Arch Lending Raises $75M to Build the New Standard of Crypto Lending
Cryptocurrency Lending News

Arch Lending Raises $75 Million to Build the New Standard of Crypto Lending

PR Newswire
by PR Newswire0
The crypto-backed loan provider, backed by Galaxy Ventures, Morgan Creek Digital, Castle Island Ventures, BitGo Ventures and more, is founded on the principles of asset security, concierge client service, and product excellence. Arch Lending, the most trusted crypto-backed loan provider, announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan......
Blockstream Raises USD $125 Million to Expand Mining Operations
Blockchain News

Blockstream Raises USD $125 Million to Expand Mining Operations

Fintech News Desk
by Fintech News Desk0
Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC,......
Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank
Banking Finance News

Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank

Fintech News Desk
by Fintech News Desk0
Secured Debt Facility Enables Koalafi to Further Scale Expansion of Loan Financing to Serve More Consumers Through an Innovative Single Application Koalafi, a fast-growing consumer financing provider committed to providing innovative pay-over-time options to customers from all credit backgrounds, announced today the signing of a multi-million secured debt facility from......
White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports
Finance News

White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports

Fintech News Desk
by Fintech News Desk0
White Oak Global Advisors, LLC, announced it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products, a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver. “We are......
Hyundai Capital and CGI Finance Launch Hyundai Capital France
Finance News

Hyundai Capital and CGI Finance Launch Hyundai Capital France

Fintech News Desk
by Fintech News Desk0
Hyundai Capital Services, a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a subsidiary of Societe Generale Group, announce the launch of a joint venture, Hyundai Capital France (HCF). HCF will support Hyundai Motor France, Kia France and their dealer network – spread across nearly 400 sites in France – in lease......
White Oak Delivers $80 Million Term Loan Financing
Capital Markets News

White Oak Delivers $80 Million Term Loan Financing

Fintech News Desk
by Fintech News Desk0
White Oak Global Advisors, LLC, announced it provided a $80 million term loan supporting the refinancing of one of the largest non-ferrous and ferrous metals recyclers in the US. The structure, which also includes an $80 million asset-based credit facility, provides the company with a more efficient capital structure and......
Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked
Finance Fintech News

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked

Fintech News Desk
by Fintech News Desk0
Insitor Partners’ inaugural investment into Pakistan, and Pakistan’s first ever international convertible loan facility. The Fintech scene in Pakistan continues to see rapid growth. Pakistan remains one of the largest unbanked countries in the world. Startups like CreditFix are working towards improving access to basic financial services in emerging markets......
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