finance - FinTecBuzz

Finance Leaders Struggling to Keep Pace with E-Commerce Surge

BusinessWireSeptember 18, 20244 min

Two thirds (66%) of finance leaders say their team is unable to keep pace with the speed of e-commerce. That’s according to an investigative report by Hokodo in partnership with the B2B Ecommerce Association. B2B e-commerce is going through a fast-paced evolution – with the market set to total $2.641 trillion in 2024 – but Hokodo’s report has revealed that many finance functions aren’t future-proofed. Its pan-industry survey of finance leaders found that 17% of finance leaders feel that their finance...

Real Estate Lending

X-Caliber and Affiliate CastleGreen Finance Launch Rural PACE-X

BusinessWireSeptember 16, 20243 min

Proprietary Cross-Platform Lending Product Can Offer up to 85% LTC

Crypto Currencies

Rexas Finance Launches A Unique Real-World Asset Tokenization Platform

BusinessWireSeptember 16, 20245 min

Rexas Finance (RXS) Real world asset (RWA) tokenization platform, announces its recent launch. More so, the presale of RXS token began on September 8, 2024. Real-world assets (RWA) are real-life commodities that are not electronic or digital. To note, RWA are tangible assets such as real estate, commodities, bonds, and machinery. Owing to their traditional nature, these assets are traded in markets that demand brokers, banks, and other legal entities to facilitate the transfer of ownership....

Platforms

Ninth Wave Secures Growth Funding to Expand Open Finance Platform

BusinessWireSeptember 13, 20245 min

Ninth Wave, the leading provider of cloud-based Open Finance solutions for financial institutions, announced that the company has secured new growth financing. Level Structured Capital (an affiliate of Level Equity, a preeminent growth equity firm with over $3 billion in assets under management), provided the funding. This financing will enable Ninth Wave to further expand its commercial team and make additional scale investments in the industry’s leading Open Finance connectivity platform for the foreseeable future....

Platforms

Ammalgam Raises $2.5M To Revolutionize Decentralized Finance with DLEX Protocol

PRNewswireSeptember 11, 20246 min

Funding Co-Led by Lightspeed Faction and Framework Ventures to Transform the Lending and Borrowing Space

Banking

Huntington adds corporate mortgage finance to commercial banking

PRNewswireSeptember 9, 20244 min

New team bolsters bank's ability to meet the unique needs of mortgage servicers and originators

Platforms

Rapid Finance Selected to Demo Lynx, at FinovateFall

Rapid FinanceAugust 28, 20244 min

Lynx integrates enterprise historical data with network and third-party data sources, helps financial companies mitigate fraud and maximize conversion for consumer and small business financial onboarding

Banking

EverBank Launches New Asset-Backed Finance Division

PRNewswireAugust 20, 20246 min

EverBank is proud to announce the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and will continue to build on the bank’s wide range of capabilities focused on alternative asset managers and the private capital industry. Structured lending solutions will be the focus of the business across a variety of...

In-House Features

Rapid Finance Adds Matthew Thomas as Enterprise Account Executive

BusinessWireJuly 29, 20243 min

Rapid Finance, a leading small business banking platform specializing in customized financing solutions, announced the appointment of Matthew Thomas as the company’s new Enterprise Account Executive. Thomas will play a critical role in supporting sales efforts for Rapid Finance’s host of end-to-end digital lending solutions with large enterprise clients. “We’re happy to welcome Matthew Thomas to our fast-growing and diverse team,” said Will Tumulty, CEO of Rapid Finance. “I’m confident that Matthew’s skillset and expertise will...

Older Posts