Tag : payment

Achieve Announces Close of Innovative, $175 Million HELOC Securitization
Finance News

Achieve Announces Close of Innovative, $175 Million HELOC Securitization

Fintech News Desk
by Fintech News Desk0
Inaugural deal receives AAA rating and is backed by home equity lines of credit originated by Achieve Loans Achieve, the leader in digital personal finance, announces the closing of a first-of-its-kind, AAA-rated securitization backed by $175 million in newly-originated home equity lines of credit (HELOCs). The securitization, FREED Mortgage Trust 2022-HE1, consists......
Equitable Bank Completes Acquisition of Concentra Bank
Banking News

Equitable Bank Completes Acquisition of Concentra Bank

Fintech News Desk
by Fintech News Desk0
Acquisition accelerates growth, plus diversification of funding and revenue for Canada’s Challenger Bank Equitable Bank, a wholly owned subsidiary of EQB Inc, announced it has completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments. “The......
Digital Payments E-commerce News

Alipay+ Partners With Over 1 Million Merchants In Japan

Fintech News Desk
by Fintech News Desk0
Ant Group announced that Alipay+ has expanded its enablement of seamless travel experiences to Japan, where over 1 million local merchants are now connected to global cross-border digital payments and marketing capabilities to better serve consumers across the world. Bringing You the Best of the World Universal Studios Japan is......
RECUR360 Announces Integration With Maverick Payments
Digital Payments News

RECUR360 Announces Integration With Maverick Payments

Fintech News Desk
by Fintech News Desk0
New Integration Expands Integrated Payment Platforms RECUR360, #1776 on the 2022 . 5000 annual list, is now integrated into the Maverick Payments gateway, #304 on the 2022 Inc. 5000 annual list. This integration enables all of Maverick’s 20,000+ merchants and their customers to use RECUR360’s powerful automation platform for both......
Grey raises $2Million to simplify cross-border payments across Africa
Banking Digital Payments News

Grey Raises $2Million to Simplify Cross-Border Payments Across Africa

Fintech News Desk
by Fintech News Desk0
The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process  Grey a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey......
Consumers Online Payment Security Fears Grow Following ‘Cost-of-Living Crisis’, Says Paysafe Research
Digital Payments News

Consumers Online Payment Security Fears Grow Following ‘Cost-of-Living Crisis’, Says Paysafe Research

Fintech News Desk
by Fintech News Desk0
62% of global consumers increasingly see fraud as an inevitable risk of online shopping Over half (59%) of consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research* released by leading specialised payments platform, Paysafe (NYSE: PSFE) which indicates that consumers across North......
TimePayment Announces New $375Million Revolving Credit Facility
Fintech News

TimePayment Announces New $375Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its previous, primary facility that was set to mature at year end. BMO Harris Bank......
FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027
Banking News

FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027

FalkRieker
by FalkRieker0
FirstCash Holdings, Inc. the leading international operator of retail pawn stores and a leading provider of retail point-of-sale payment solutions, today announced that it has amended the terms of its long-term, unsecured bank credit facility to increase the size of the commitment to $590 million and extend the maturity date......
Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American
Uncategorized

Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American

Fintech News Desk
by Fintech News Desk0
Zero down payment, zero closing cost mortgage advances efforts to broaden access to homeownership and adds to its existing $15 billion Community Homeownership Commitment   Bank of America announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African......
Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth
Banking News

Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth

Fintech News Desk
by Fintech News Desk0
New Special Purpose Credit Program offers down payment grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners in Atlanta, Chicago, Charlotte, Dallas and Los Angeles Bank of America announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities......
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