Tag : PowerPay

PowerPay Secures $400 Million Committed Multi-Lender Warehouse Facility Led by KeyBank
Fintech News

PowerPay Secures $400 Million Committed Multi-Lender Warehouse Facility Led by KeyBank

PR Newswire
by PR Newswire0
PowerPay, a prominent financial technology platform, is pleased to announce the successful closing of a $400 million committed warehouse facility. KeyBank led the transaction as part of a multi-bank syndicate. This strategic financial arrangement positions PowerPay to continue its remarkable growth trajectory, enabling expanded lending capacity to serve its consumers and channel......
PowerPay Secures Investment-Grade Bond Issuance Led by KeyBank as Sole Placement Agent
Digital Payments Fintech News Technology

PowerPay Secures Investment-Grade Bond Issuance Led by KeyBank as Sole Placement Agent

PR Newswire
by PR Newswire0
PowerPay, a leading financial technology platform, proudly announces the successful issuance of an investment-grade bond, with KeyBank serving as the sole placement agent. This strategic capital infusion will further bolster PowerPay’s balance sheet as the Company finalizes additional warehousing agreements this month, positioning the platform for continued expansion and innovation.......
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
Fintech News

PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth

PR Newswire
by PR Newswire0
This is PowerPay’s first securitization (PWRP 2024-1). The Company partnered with CapitalOne Securities and Chartway Federal Credit Union, Virginia Beach, VA to achieve this milestone. PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by......
PowerPay Launches Healthcare Financing For Medical Professionals
Fintech Lending News

PowerPay Launches Healthcare Financing For Medical Professionals

Fintech News Desk
by Fintech News Desk0
PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay has seen tremendous growth in the......
PowerPay-partners-with-American-Heritage-Credit-Union-to-deliver-_1.5B-in-loans
Business Fintech Investment Services News

Powerpay Partners With American Heritage Credit Union To Deliver $1.5B In Loans

Fintech News Desk
by Fintech News Desk0
PowerPay, the nation’s fastest-growing home improvement financing technology company, has announced American Heritage Credit Union as its new lending partner. Read More:  insightsoftware Announces Intent to Acquire IDL Group This partnership follows PowerPay’s launch of new lending programs offering financing options with up to 24 months no payment and no......
PowerPay Reports Significant Growth in Home Improvement Lending Amid Pandemic
Fintech News

PowerPay Reports Significant Growth in Home Improvement Lending Amid Pandemic

Fintech News Desk
by Fintech News Desk0
PowerPay, the nation’s fastest-growing home improvement financing technology company, has reported a 120% annualized growth rate in the volume of new loans originating in Q3 2020. Read More: HighRadius Strengthens Executive Leadership Team with New CFO Hire “Our product allowed us to capture new home improvement demand created by the......
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