Tag : Octane

Octane Raises $100M in Series F Funding Round
Finance News

Octane Raises $100M in Series F Funding Round

PR Newswire
by PR Newswire0
Equity Financing to Drive Continued Growth, Innovation, and Market Expansion Octane (Octane Lending, Inc.®), the fintech revolutionizing the buying experience, announced it has closed its Series F funding round of $100 million in equity capital. The raise includes new equity capital to be used for growth initiatives as well as amounts to......
Octane and Adventure Lifestyle Launch Adventure Lifestyle Finance
Finance News

Octane and Adventure Lifestyle Launch Adventure Lifestyle Finance

PR Newswire
by PR Newswire0
Captive-as-a-Service Program Will Drive a Seamless Financing Experience for Dealers and Customers Octane (Octane Lending Inc.®), the fintech revolutionizing the buying experience, and Adventure Lifestyle, a powersport and marine dealer group with over 20 locations across the southeast, announced the launch of Adventure Lifestyle Finance. Octane’s innovative captive financing solution......
Octane Completes $284 Million Asset-Backed Securitization to Drive Continued Momentum
Fintech News

Octane Completes $284 Million Asset-Backed Securitization to Drive Continued Momentum

PR Newswire
by PR Newswire0
More Than $4.5 Billion of Asset-Backed Securities Issued to Date Octane, the fintech revolutionizing the buying experience, announced that it has closed a $284 million securitization (“OCTL 2025-1”) collateralized by its fixed-rate installment powersports loans issued through its in-house lender, Roadrunner Financial®, Inc. This transaction is Octane’s 15th since launching the......
Octane Closes $300 Million Forward-Flow Deal with Moore Capital Management
Fintech Investments News

Octane Closes $300 Million Forward-Flow Deal with Moore Capital Management

PR Newswire
by PR Newswire0
Surpasses $2.8 Billion in Loan Sale Commitments To-Date Octane, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has executed a $300 million forward-flow transaction with the Moore Specialty Credit (MSC) Platform, the Private Asset-Backed Finance (ABF) platform of Moore Capital Management, LP (Moore), a global private investment management firm.......
Octane Closes $700 Million Forward-Flow Deal with New York Life, MetLife Investment Management, and Equitable
Finance Fintech Investments News

Octane Closes $700 Million Forward-Flow Deal with New York Life, MetLife Investment Management, and Equitable

PR Newswire
by PR Newswire0
Partnership with Leading Insurers Helps Turbocharge Company’s Continued Growth Octane, the fintech revolutionizing the buying experience for major recreational purchases, announced today that it has executed an up to $700 million forward-flow facility. New York Life, the largest1 mutual life insurance company in the United States, was the Loan Arranger......
Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions
Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Octane Appoints Jon Vestal and Kartik Kothari to Executive Vice President Positions

PR Newswire
by PR Newswire0
Company Strengthens its Leadership Team to Supercharge its Continued Momentum Octane, the fintech company revolutionizing the financing experience, announced that it has promoted two executives to Executive Vice President, the first to hold the new title. Both appointments are effective January 1, 2025. Jon Vestal has been named Executive Vice President,......
Octane Completes $126 Million Asset-Backed Securitization
Commerce Digital Payments Finance Fintech Investments News

Octane Completes $126 Million Asset-Backed Securitization

PR Newswire
by PR Newswire0
Company’s First ABS Deal Wholly Backed by RV and Marine Collateral Receives AAA-rating Octane, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has closed a $125.76 million securitization. The notes will be collateralized by a pool of retail installment loans issued through Octane’s in-house lender,......
Octane Raises $50 Million in Series E Funding Round
Fintech News

Octane Raises $50 Million in Series E Funding Round

PR Newswire
by PR Newswire0
New Equity Financing to Fuel Continued Growth, Product Innovation, and Expansion into New Markets Octane, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million in total equity funding to date. The......
Octane Announces Significant Milestones on Its Journey to Transform E-commerce
E-commerce Fintech News

Octane Announces Significant Milestones on Its Journey to Transform E-commerce

Fintech News Desk
by Fintech News Desk0
Company Achieves Record-Breaking Success as it Delivers a Revolutionary, End-to-End Digital Buying Experience for Recreational Purchases Octane (Octane Lending Inc.), the fintech revolutionizing the buying experience for major recreational purchases, announced numerous accomplishments during the first half of 2022 as it transforms e-commerce and makes buying lifestyle purchases fast, easy, and......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
1