Direct Lending - FinTecBuzz

Invesco Private Credit Closes $1.4 Billion for Direct Lending Strategy

February 17, 20254 min

Invesco Private Credit, a market-leading global private credit platform of Invesco, Ltd., announced the successful close of its flagship Invesco Direct Lending Fund II, which along with similar vehicles, total $1.4 billion of investable capital. “Our dedicated direct lending team is part of the $48 billion Invesco Private Credit platform with deep resources and expertise built over its 36-year history,” said Scott Baskind, CIO and Global Head of Invesco Private Credit. “The direct lending team’s capabilities and experience have...

by BusinessWire

Direct Lending

Lenders Cooperative and Ventures Lending Technologies Complete Merger

February 14, 20255 min

Lenders Cooperative has officially completed its merger with Ventures Lending Technologies, forming a single entity that delivers comprehensive commercial loan origination and loan servicing solutions. This integration strengthens Lenders Cooperative’s position as the premier provider of technology and professional services for financial institutions nationwide. The combined capabilities will offer financial institutions, including banks, credit unions, Certified Development Companies (CDCs), Community Development Financial Institutions (CDFIs), and fintech lenders, a seamless lending experience from application to loan...

by GlobeNewswire

Direct Lending

Granite Credit Union Selects Appli to Modernize Digital Lending Experience

February 12, 20253 min

Utah-based credit union implements AI-powered calculator to guide members through loan pre-qualification process

by PRNewswire

Direct Lending

NettyWorth Introduces Web3 Credit Score Technology

February 10, 20253 min

NettyWorth, an AI-powered loan protocol for NFTs and Real-World Assets (RWAs), introduces NettyScore, an innovative Web3 credit score system. This decentralized solution analyzes borrowers’ on-chain loan histories, including repayments and defaults, offering lenders insights and creating trust within the ecosystem. Supported by leading venture capital firms such as Blockchain Founders Funds, London Real Ventures, Republic, Trive Digital, and Acacia Digital, NettyWorth aims to revolutionize the $2 billion+ NFT and Real-World Asset lending market. “The DeFi market for NFTs and...

by PRNewswire

Direct Lending

Lender Toolkit Unveils Enhanced AI Underwriter with Ocrolus Integration

February 7, 20255 min

In today’s competitive mortgage industry, lenders constantly seek innovative tools to streamline operations and deliver superior borrower experiences. Lender Toolkit continues to lead the charge with its solutions that redefine how lenders process and underwrite mortgage applications. Combining speed, accuracy, scalability, and cost-savings, Lender Toolkit’s products ensure consistency in decision-making while enhancing the overall borrower journey. Today, Lender Toolkit is thrilled to announce an exciting partnership with Ocrolus and the integration of Ocrolus’ advanced document...

by PRNewswire

Direct Lending

USSFCU Welcomes Don DiMatteo as Chief Lending Officer

February 7, 20255 min

The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Don DiMatteo as its new Chief Lending Officer (CLO). With over 35 years of experience in lending and financial services, DiMatteo brings a wealth of leadership, expertise, and a deep passion for member-focused lending solutions. DiMatteo’s career spans 17.5 years at Wells Fargo, where he managed retail branches and lending operations, and nearly 20 years at State Department Federal Credit Union (SDFCU), where he served as Senior Vice President...

by BusinessWire

Direct Lending

Antares Bolsters Credit Secondaries Business Appointing Olga Kosters

February 3, 20255 min

Kosters Brings More Than Two Decades of Investment Experience and a Strong Track Record of Establishing Market-Leading Credit Secondaries Platforms

by PRNewswire

Direct Lending

Zest AI Integrates with Sync1 to Enhance Credit Union Fraud Security

February 3, 20254 min

Expanded partnership brings smarter, more efficient AI fraud detection to financial institutions

by PRNewswire

Direct Lending

Go Mortgage and Pacific Residential Mortgage Announce Strategic Merger

January 15, 20255 min

Go Mortgage, a leading mortgage company with a strong presence in the Midwest and East Coast, and Pacific Residential Mortgage (PacRes), a premier lender primarily serving the Pacific Northwest, today announced their merger. The combination brings together two well-established mortgage providers to form one of the most dynamic and innovative lending organizations in the industry. The merger positions Go Mortgage as the surviving entity, with headquarters remaining in Columbus, Ohio, and expands its national footprint into...

by BusinessWire

Direct Lending

Parlay Finance released a new white paper

January 8, 20254 min

AI-powered loan technology offers lenders transformative approach to engaging and evaluating small business borrowers

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