iQ Credit Union partners with FirstClose to Support Growth

FirstClose , Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced that iQ Credit Union, is using FirstClose Equity to power its home equity lending operations to meet the company’s long-term growth goals. iQ Credit Union serves more than 100,000 members with 16 branches in Southwest Washington and Portland. Last year, the organization experienced nearly 25% increase in overall member growth and expects 30% growth in home equity this...

GoLogiq to acquire all of Fram Venture 7 AB

GoLogiq, Inc, a U.S.-based global provider of fintech and consumer data analytics, has signed a non-binding letter of intent to acquire all of Fram Venture 7 AB, a Swedish fintech corporation, for US$6 million in an all-stock transaction. Total consideration could increase to US$20 million depending upon the achievement of certain earn-out targets. The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend, a lending platform for profitable small and medium-sized...

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