Tag : tech-enabled

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market
Fintech News

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market

Business Wire
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately......
CURO Closes $425 Million Facility
Finance News

CURO Closes $425 Million Facility

Fintech News Desk
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that on July 15, 2022, it entered into a new $425 million non-recourse revolving warehouse facility to replace the incumbent lender and finance future loans originated by Heights......
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