Inaugural event will gather industry leaders to discuss the capabilities and challenges of implementing cash flow underwriting as consumer lending adopts new data beyond credit scores.
Lloyds Bank and Oaktree Capital Management, L.P. have announced a strategic partnership (the âPartnershipâ) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktreeâs European Private Debt platform to provide clients with a comprehensive senior debt solution for new buyouts and refinancings with term debt, acquisition and working capital facilities in addition to agency and full ancillary product services. Building on Lloyds Bankâs 20-plus-year track record supporting sponsor-backed UK...
Applied Data Finance Appoints Joseph Toms as CEO
July 9, 20244 min
Seasoned consumer finance executive succeeds Co-Founder Krishna Gopinathan, who will remain on ADFâs Board
New business to provide growth capital for private-equity-backed companies
Upstart launches Recognized Customer Personalization
April 26, 20245 min
Upstart, the leading artificial intelligence (AI) lending marketplace, announced the launch of Recognized Customer Personalization (RCP). This new feature of the Upstart Referral Network enables banks and credit unions to present a customized loan offer to their existing customers who are looking for a loan on Upstart.com. More than 20 lenders within Upstartâs network have already opted into RCP. With this capability, lenders can identify when an existing customer is actively shopping for a loan,...
Finastra unveils online marketplace to access retail lending solutions
April 18, 20244 min
The site allows financial institutions to browse, directly purchase, and quickly adopt Finastra retail lending products
First Northern Bank promotes Libby Feyh to CHRO
April 18, 20243 min
First Northern Bank, the regionâs #1 local small business lender, proudly announces the promotion of Libby Feyh to the newly created role of Executive Vice President and Chief Human Resources Officer (CHRO). Feyh has served First Northern Bank as the Senior Vice President and Human Resources Director since 2019, demonstrating exceptional leadership, promoting a culture of excellence, and a deep understanding of the Bankâs values. In this role, she will continue to uphold the highest...
Sessions address auto lending trends, evolving EV financing, AI strategies, compliance, and the lending landscape.
Hi2 Global Private Credit Fund wins Hedgeweek Best Emerging Manager
August 23, 20235 min
After achieving robust performance in the volatile year of 2022, Hi2 Global Private Credit Fund (the “Fund”) has been awarded the Hedgeweek 2023 Best Emerging Manager Award in the category of Direct Lending. Powered by Hedgeweek, a leading information provider for the hedge fund community, and with fund manager data provided by Bloomberg, the Award rewards fund performance and service provider excellence within hedge fund emerging managers. Winners are recommended by Bloomberg based on 2022 Calendar...
1West recognized on the 2023 Inc. 5000
August 17, 20233 min
1West, a leader in the small business lending marketplace, is proud to announce its inclusion in the prestigious Inc. 5000 list of the fastest growing private companies in America. This recognition underscores 1West’s commitment to innovation, dedication to excellence, and exceptional growth trajectory in the SMB Fintech industry. The Inc. 5000 list, released annually by Inc. Magazine, is a definitive ranking of the most successful companies within the American economy’s most dynamic segmentâits independent small...