Tag : transaction

Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing
Banking News

Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing

Fintech News Desk
by Fintech News Desk0
Credit Acceptance Corporation announced the completion of a $250.1 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we contributed loans having a value of approximately $312.6 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of......
Next-generation Cryptocurrency Bitcoin Latinum (LTNM) Continues Expansion Strategy with Eigth Listing on Hotbit Exchange
Blockchain Cryptocurrency Digital Asset Management News

Next-generation Cryptocurrency Bitcoin Latinum (LTNM) Continues Expansion Strategy with Eigth Listing on Hotbit Exchange

Fintech News Desk
by Fintech News Desk0
Demand for Bitcoin Latinum showcases a strong appetite for new digital currencies worldwide  Bitcoin Latinum (LTNM), the next generation insured asset-backed cryptocurrency, continues its aggressive expansion strategy and will be listed on Hotbit, a premier global digital asset trading platform, at the middle of Nov 2021. LTNM will be available......
BGC Completes Sale of Insurance Brokerage Business to The Ardonagh Group
Fintech News

BGC Completes Sale of Insurance Brokerage Business to The Ardonagh Group

Fintech News Desk
by Fintech News Desk0
BGC Partners, Inc., a leading global brokerage and financial technology company, announced that it has completed the sale of its Insurance Brokerage business to The Ardonagh Group Limited (“Ardonagh”). The transaction was first announced in a press release on May 26, 2021. MANAGEMENT COMMENTS: Howard W. Lutnick, Chairman and Chief Executive......
Emerald Technology Ventures Adopts Private Equity Servicing with Broadridge Blockchain Solution
Fintech News

Emerald Technology Ventures Adopts Private Equity Servicing with Broadridge Blockchain Solution

Fintech News Desk
by Fintech News Desk0
Broadridge Private Market Hub to provide Emerald and Northern Trust greater transparency and efficiency in managing the private equity fund lifecycle Broadridge Financial Solutions, Inc., a global Fintech leader, and Northern Trust, a global leader in asset servicing, announced that Emerald Technology Ventures will utilize the Broadridge Private Market Hub ecosystem to......
Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange
Blockchain Cryptocurrency Currency Exchange Fintech News

Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange

Fintech News Desk
by Fintech News Desk0
Asia Broadband Inc. is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished......
Athene is the Lead Investor in the Combination of Wheels and Donlen
Fintech Investments News

Athene is the Lead Investor in the Combination of Wheels and Donlen

Fintech News Desk
by Fintech News Desk0
Frank Family maintaining significant investment and board representation Dan Frank announced as vice chairman focused on continuity of industry-leading performance and culture, and new product innovation Shlomo Crandus announced as CEO of combined business Seamless and enhanced customer experience combining the best of both companies Investment builds on Wheels’ 80+-year......
TransUnion Announces Agreement to Sell TransUnion Healthcare to Clearlake Capital Group-Backed nThrive for $1.7 Billion
Analytics News

TransUnion Announces Agreement to Sell TransUnion Healthcare to Clearlake Capital Group-Backed nThrive for $1.7 Billion

Fintech News Desk
by Fintech News Desk0
TransUnion has signed a definitive agreement to sell TransUnion Healthcare, Inc. (“TransUnion Healthcare”) to nThrive, Inc., a leading healthcare revenue cycle management (“RCM”) software-as-a-service (“SaaS”) platform backed by Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”). The transaction consideration is $1.735 billion in cash, and the transaction is expected......
FirstCash to Acquire American First Finance, a Leading Technology-Driven Virtual Lease-to-Own and Retail Finance Platform for Underserved Customers
Digital Payments Fintech News

FirstCash to Acquire American First Finance, a Leading Technology-Driven Virtual Lease-to-Own and Retail Finance Platform for Underserved Customers

Fintech News Desk
by Fintech News Desk0
Establishes FirstCash’s Entry into Large and Growing Point-of-Sale Payments Market Provides Significant Revenue and Earnings Growth Opportunity $1.17 Billion Stock and Cash Transaction Expected to be Significantly Accretive to EBITDA and EPS Companies to Host Conference Call Today at 8:30 a.m. ET / 7:30 a.m. CT FirstCash, Inc., the leading......
Boxed Working with HIVE Brands to Help Power its e-Commerce Operations through the Boxed Suite of Integrated Software and Services
E-commerce News

Boxed Working with HIVE Brands to Help Power its e-Commerce Operations through the Boxed Suite of Integrated Software and Services

Fintech News Desk
by Fintech News Desk0
Hive Brands is Expected to Become the Latest Addition to Boxed’s Growing Stable of Software & Services Clients Boxed, an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced it is working with online marketplace Hive Brands (“Hive”) to fuel its e-commerce operations......
Fleri
Fintech News

Fleri – Immigrant Focused Financial Wellness Company, is Only US Company to Join Techstars Toronto in October

Fintech News Desk
by Fintech News Desk0
Fleri Inc., a personal finance company for immigrants known widely for the FleriHealth product which enables immigrants to buy affordable healthcare plans for their loved ones back home, will join the Techstars Toronto Accelerator Program starting this October. Techstars is a seed accelerator that runs an intensive mentorship-driven program for founders......
1