Direct Lending - FinTecBuzz

SAFE Credit Union opens new high school branch at Cordova High School

March 18, 20207 min

As students cheered and educators beamed, SAFE Credit Union celebrated the grand opening of its new high school branch at Cordova High School in Rancho Cordova, California. It’s the third SAFE high school branch in the Sacramento area, joining branches at Rio Linda and Mesa Verde. The branches are staffed by students who connect their peers to financial solutions such as checking and savings accounts that help them learn the basics of money management. Through...

by BusinessWire

Direct Lending – Consumer

Angel Oak Home Loans Hires Veteran Area Manager, Seizes Growth Opportunity in Florida

March 18, 20205 min

Todd Matthews brings over 20 years of leadership experience to Angel Oak’s new West Palm Beach branch

by PRNewswire

Direct Lending – Business

KinerjaPay Corp (OTCQB: KPAY) CEO Invests $1,000,000 to Accelerate Lending Platform Growth

March 13, 20203 min

KinerjaPay Corp (OTCQB: KPAY) announced today that Mr. Edwin W. Ng, the Company’s Chairman & CEO is investing $1,000,000 into the Company. Mr. Ng stated “I decided to inject my own capital from recent asset sales to jumpstart our micro-lending operation, using our KFUND platform. The opportunity for the Company to rapidly grow in Indonesia’s alternative lending market is a once-in-a-lifetime opportunity. I also want to demonstrate my commitment to our loyal shareholders. KFUND’s recently received license gives us the opportunity to generate...

by PRNewswire

Direct Lending – Consumer

FinTech Breakthrough Names Experian Boost™ as Winner of the Consumer Lending Innovation Award

March 13, 20205 min

Experian Boost recognized in prestigious international 2020 FinTech Breakthrough Awards program

by PRNewswire

Direct Lending – Consumer

BlueKey Equity Partners Invests in Chipper

March 12, 20204 min

Platform Helps Students Pay Off Debt Faster and Easier

by PRNewswire

Direct Lending – Consumer

Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

March 11, 20206 min

International online direct lender and Point-of-Sale (POS) financing provider Kreditech today announced it is rebranding its name to Monedo, as it looks to further grow its position in the Indian, Polish, Russian and Spanish near-prime lending markets. While announcing the rebrand, David Chan, the Chief Executive of Monedo, also announced that the company is on target to achieve a positive Adjusted Operating Cash Flow in the fourth quarter of 2020, while delivering revenues of EUR 43 million in...

by PRNewswire

Direct Lending – Consumer

ValueLink Wins the Most Innovative Technology Leader Award – 2020 HWTech100 Mortgage

March 11, 20203 min

ValueLink Software, the Leading Automated Appraisal Solutions Provider, today announced that it has been recognized as a winner by HousingWire's 2020 HW Tech100 for its continuous efforts to improve the valuation process through Automation and Digitization.

by PRNewswire

Direct Lending – Business

The Buccini/Pollin Group Welcomes Marlette Funding as New Anchor Tenant to The Concord

March 6, 20207 min

The Fintech Signs 60,000 SF Lease at The Concord

by PRNewswire

Direct Lending – Business

CAN Capital Continues Historic Growth with Expansion

March 6, 20203 min

CAN Capital is excited to announce that after experiencing 23% year-over-year growth, the Company is expanding its operations to a new direct sales office in Mount Laurel, New Jersey. Recruitment for this office is underway, and it will be fully operational in the coming months. Fintech News This historic growth comes after the 21-year old company recently announced that it has provided over $7.5 billion in access to working capital to its more than 80,000 small business customers....

by PRNewswire

Direct Lending – Consumer

PNC Changes Prime Rate

March 5, 20201 min

PNC announced a decrease in its prime lending rate. The new rate of 4.25% is effective tomorrow, March 4, 2020. The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance...

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