BCI Completes Sale of Majority Stake in Hayfin
February 18, 20255 min
Initially Invested in 2017, ahead of private credit expansion and supported the growth of the platform
Woodsboro Welcomes Penny Millison as New Business Banking Officer
February 18, 20254 min
Woodsboro Bank is excited to announce the appointment of Penny Millison as our new Business Banking Officer. In her new role, Penny will be instrumental in developing new business opportunities alongside our branches, leveraging her extensive experience in banking management and customer service to enhance our offerings for business clients. Penny brings over three decades of experience in the banking industry, most recently serving as a Commercial Branch Manager. Her proven track record in establishing and nurturing...
Era announces $6.2M in seed funding along with new team additions
February 17, 20259 min
Era expands growing team and product roadmap with recently-hired product designers and engineers; debuts partnership with Cerebras to lead fintech industry in agentic finance
VPC Expands Legal Credit Team, Welcomes Hugo Lestiboudois as Principal
February 14, 20253 min
Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, announced that Hugo Lestiboudois has joined the firm as Principal. Mr. Lestiboudois, who brings over 10 years of experience in developing and operating legal finance strategies, will work alongside Richard Levy, VPC CEO, CIO & Founder, and Chad Clamage, Managing Director, to advance the firm’s legal credit strategy. “We welcome Hugo to the firm with great excitement,” said Levy. “I am confident...
The Union Bank Company & Candescent Partner to Elevate Digital Banking
February 14, 20254 min
Community bank selects Candescent for leading customer experience, flexibility and open architecture
DeepTarget AI Helps Banks Generate $2.4B in New Account Balances
January 23, 20253 min
Financial Institutions Collectively Generate $2.4 Billion in New Account Balances Through DeepTarget's AI-Powered Marketing in 2024
Broadway Financial Corporation Announces New Chief Banking Officer
January 16, 20255 min
Ruth McCloud, Chief Operating Officer, Retires After 10 Years of Service
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...
ARMswap Launches its DeFi Platform
January 14, 20254 min
The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges. Simplifying Cross-Chain Transactions “The fragmentation...
Badgley Phelps Appoints Tim Thomas, CFA® as CIO
January 9, 20254 min
Outgoing CIO Steve Phelps to continue with firm as wealth manager and research analyst