Tag : WebBank

Zip Partners with Global Payments Leader Primer to Accelerate U.S. Growth and Market Share
Digital Payments News

Zip Partners with Global Payments Leader Primer to Accelerate U.S. Growth and Market Share

Business Wire
by Business Wire0
Leading digital finance innovator Zip Co has announced a strategic partnership with Primer, the unified infrastructure for global payments and commerce, to expand and optimize its payments stack, as Zip further accelerates its growth opportunity in the US market. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive......
WebBank Invests $250 Million in Avant to Support Growth of Credit Card Program
Banking Digital Payments News

WebBank Invests $250 Million in Avant to Support Growth of Credit Card Program

Fintech News Desk
by Fintech News Desk0
Investment Enables Continued Growth of Avant® MasterCard® Credit Card WebBank announced it has committed to invest up to $250 million in the obligations of a securitization structure sponsored by Avant that are secured by credit card receivables. The investment will be used to meet the continuing demand and growth of the......
WebBank Makes a Strategic Investment in FinTech Platform iCreditWorks
Fintech News

WebBank Makes a Strategic Investment in FinTech Platform iCreditWorks

Fintech News Desk
by Fintech News Desk0
WebBank, a Utah-chartered industrial bank, makes a strategic investment in iCreditWorks at a $200 million valuation to support the Platform’s continued commercial growth iCreditWorks, one of the fastest-growing FinTech platforms in the United States, announced it has accepted a strategic investment from WebBank at a $200M valuation. The investment will allow iCreditWorks to accelerate the......
Avant Credit Card Surpasses One Million Customer Milestone
Finance News

Avant Credit Card Surpasses One Million Customer Milestone

Fintech News Desk
by Fintech News Desk0
Major milestone furthers the company’s mission of providing innovative financial solutions for non-prime consumers Avant, a leading financial technology company that gives non-prime consumers access to the financial solutions they deserve, announced that it has surpassed one million customers for the Avant Credit Card, issued by WebBank. By filling a market gap......
WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate
Fintech News

WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate

Fintech News Desk
by Fintech News Desk0
WebBank announced it has provided a new senior secured, asset-backed revolving credit facility to an affiliate of Libertas Funding, LLC (together, “Libertas”). WebBank is the sole arranger and lender under the facility. “We are thrilled to expand our partnership with WebBank, a true digital banking leader whom we greatly respect......
WebBank Joins Synovus Bank to Provide an Asset-Based Revolving Credit Facility Upsize to AB Private Credit Investors Corporation
Fintech News

WebBank Joins Synovus Bank to Provide an Asset-Based Revolving Credit Facility Upsize to AB Private Credit Investors Corporation

Fintech News Desk
by Fintech News Desk0
WebBank announced it has joined Synovus Bank, Specialty Finance Division (“Synovus”) to provide additional commitment in an asset-based revolving credit facility to AB Private Credit Investors Corporation, a subsidiary of AllianceBernstein, which is one of the world’s largest investment management and research firms with approximately $724 billion in assets under......
WebBank Announces Seth Goodman Named SVP-Chief Revenue Officer
Banking Fintech News

WebBank Announces Seth Goodman Named SVP-Chief Revenue Officer

Fintech News Desk
by Fintech News Desk0
WebBank today announced the appointment of Seth Goodman as the Senior Vice President-Chief Revenue Officer. “Seth brings a strategic understanding of the FinTech industry and decades of business development, project management and strategy experience that will further propel WebBank’s continuing growth and evolution.” Seth joined WebBank in May 2021 and......
WebBank Announces Alicia Perry Named SVP-Technology Enablement
Banking Fintech News

WebBank Announces Alicia Perry Named SVP-Technology Enablement

Fintech News Desk
by Fintech News Desk0
WebBank today announced the appointment of Alicia Perry as the Senior Vice President-Technology Enablement. “Ms. Perry adds extensive experience in payments and technology to WebBank’s executive management team” Ms. Perry joined WebBank in January 2020, bringing more than 20 years of program and project management experience in the Financial Services......
WebBank Announces Shannon Hutchings Named SVP-Engagement, Brand and Strategy Deployment
Banking Fintech News

WebBank Announces Shannon Hutchings Named SVP-Engagement, Brand and Strategy Deployment

Fintech News Desk
by Fintech News Desk0
WebBank announced the appointment of Shannon Hutchings as the Senior Vice President of Engagement, Brand and Strategy Deployment of WebBank. “Each of these initiatives has a significant impact on the continued success of WebBank and will further strengthen our leadership position in banking innovation and the FinTech industry” Shannon, an......
Stratos Technologies LLC Secures Participation From WebBank in an Asset-Based Revolving Credit Facility
Finance Fintech News

Stratos Technologies LLC Secures Participation From WebBank in an Asset-Based Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
Stratos Technologies LLC, a venture capital firm with expertise in financing, operating, and advising technology businesses, announced it has secured leverage through a first-out participation structure with WebBank in an asset-based revolving credit facility to one of its financial technology (FinTech) portfolio clients. WebBank is a national issuer of, and......
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