Tag : national bank

Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion
Fintech News

Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion

Fintech News Desk
Flexiti Financial Inc., one of Canada’s leading “Buy Now, Pay Later” financial solutions providers, has announced that it has signed a new C$527 million securitization facility led by National Bank with financing also provided by an affiliate of Bank of Montreal and funds managed by Waterfall Asset Management. Combined with......
Marqeta Expands Global Footprint With New Certifications for Singapore, Philippines, and Thailand
Banking Fintech News

Marqeta Partners with First National Bank of Omaha to Expand Ecosystem of Credit Partners

Fintech News Desk
Marqeta’s strategic partnership with FNBO will expand its credit offering, empowering customers to develop the next generation of credit cards with the flexibility and speed of modern card issuing Marqeta , the global modern card issuing platform, announced a partnership with First National Bank of Omaha (FNBO), expanding its ecosystem......
Financial 15 Split Corp. At-The-Market Equity Program Renewed
Banking Fintech News

Financial 15 Split Corp. At-The-Market Equity Program Renewed

Fintech News Desk
Financial 15 Split Corp., announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until 2023 unless terminated prior to such date by the Company. This program replaces......
National Bank of Canada Invests $103 Million in Flinks, Including $30 Million in Growth Capital
Fintech News

National Bank of Canada Invests $103 Million in Flinks, Including $30 Million in Growth Capital

Fintech News Desk
National Bank of Canada invests $103M in Flinks, including $30M in growth capital towards acceleration of the Montreal-based fintech’s expansion activities in North America. The investment follows a successful launch by Flinks in the United States. This investment will also allow Flinks to continue its fast-paced growth and meet the demands of fintechs, asset managers, credit unions and banks......
Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter
Blockchain Fintech Fintech Startups News

Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter

Fintech News Desk
Figure Technologies has applied for a national bank charter that would simplify compliance and cut costs for the blockchain-based consumer lending startup. Read More: MortgageHippo Integrates with Snapdocs to Simplify Digital Mortgage Experience for Borrowers Former SoFi executive Mike Cagney’s fintech company is seeking the Office of the Comptroller of......
Manatt Advises Fintech Pioneer Jiko in Its Historic Acquisition of National Bank
Banking Fintech News

Manatt Advises Fintech Pioneer Jiko in Its Historic Acquisition of National Bank

Fintech News Desk
Manatt, Phelps & Phillips, LLP is pleased to announce it served as regulatory counsel to Jiko Group, Inc., headquartered in Berkeley, California, which has become the first fintech to complete the acquisition of a national bank—Mid-Central National Bank (formerly known as Mid-Central Federal Savings Bank), headquartered in Wadena, Minnesota. The......
Greenwich Associates research identifies key trends for successful technology transformation
Banking News

Finastra Brings its Fusion Phoenix Core to the Cloud

Fintech News Desk
Commerce National Bank & Trust and Commencement Bank are the first customers using Fusion Phoenix in the cloud  Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution......
Millennials Lead the Pack in Sticking to Savings Resolutions
Banking Fintech News

Millennials Lead the Pack in Sticking to Savings Resolutions

Fintech News Desk
Nearly Half Have Stayed on Track in 2020 Shattering the stereotype that millennials don’t prioritize saving, nearly half of this group who made a New Year’s resolution to save more say they have stayed completely on track in 2020, according to CIT Bank’s recent survey, conducted by The Harris Poll. The survey indicates......
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