Direct Lending - FinTecBuzz

Itiviti’s Tbricks Automated Trading Solution Recognized as Best Trading Solution

July 2, 20203 min

Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced the Tbricks automated trading solution has won “Best Trading Solution for Listed Securities (Equities/Derivatives)” at the prestigious TradingTech Insight USA Awards. The awards recognize excellence in trading solutions and services for capital markets and focus on vendors and consultancies providing exceptional trading infrastructure, technology applications, and market data solutions. “We are absolutely thrilled to be awarded `Best Trading Solution for Listed Securities for our...

by PRNewswire

Direct Lending

Tamarack Spins-off Salesforce.com Product Division to Northteq

July 1, 20206 min

Spin-off splits company into two entities and positions each for growth within their area of expertise MINNEAPOLIS, July 1, 2020 /PRNewswire/ — Tamarack Consulting, Inc, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has announced the spin-off of its Origination Systems/Salesforce.com products division to Northteq, Inc. As a result of the spin-off the two companies will operate as independent entities. Tamarack will continue to focus on Portfolio Management...

by BusinessWire

Direct Lending

PACE Credit Union Charting a Stronger, More Transparent Path With New Leadership Team

June 13, 20206 min

New senior management team and board are committed to the change members deserve

by PRNewswire

Direct Lending

CommonBond Sets Record with Latest AAA Securitization

June 11, 20203 min

The deal was 7x oversubscribed on its senior bonds - a company record

by BusinessWire

Direct Lending – Consumer

Finitive and Vervent Announce Strategic Partnership

June 4, 20202 min

Vervent is pleased to announce a partnership with Finitive to further promote collaboration and inclusion within the Fintech industry. “There is so much knowledge in this industry,” said David Johnson, CEO & Founder of Vervent. “Finitive and Vervent want to share it and use our collective resources and experience to open up alternative lending to new players and opportunities that will enhance our industry.” Finitive and Vervent have long been allies in the financial space...

by Chandrima S.

Direct Lending – Consumer

Tencent Holdings Limited announces itself a substantial shareholder of Afterpay

May 6, 20207 min

by PRNewswire

Direct Lending – Business

Nations Lending Expands in the Northeast with New Pennsylvania Branch

April 28, 20203 min

Mortgage lender adds office in Huntingdon Valley, Penn., welcomes BM Steve Umansky

by BusinessWire

Direct Lending – Consumer

Lendsmart and Griffin Technologies, Partner to Improve SBA PPP Loan Process

April 23, 20205 min

Fintechs combine proprietary technology to support community financial institutions and small businesses, streamline SBA PPP loan application process

by BusinessWire

Direct Lending – Consumer

Impac Mortgage Holdings, Inc. Announces Business Update

April 17, 202012 min

Impac Mortgage Holdings, Inc. (N On March 30, 2020, the Company announced that it had instituted a temporary suspension of all lending activity. While mortgage markets may appear to be normalizing, the industry, most acutely for non-bank mortgage originators and servicers, continues to manage to the uncertainties of the various initiatives promulgated by the U.S. Federal Government, the Federal Reserve and other state and local governmental and quasi-governmental agencies relating to economic stimulus, mortgage principal...

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...

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