Technology-enabled loan servicing platform launched for private lenders

Faes & Co: South Carolina-based Petra Loan Servicing has launched a new platform that is built specifically for the private lending sector. The business has been founded and backed by industry veterans who have created a technology-enabled platform that aims to bring loan servicing for the private lending sector into the 21st century. Petra’s CEO, Joe Dillamore, is an Oxford-educated entrepreneur who previously built a private lending business in the United Kingdom. He has raised capital and backing...

Huma Finance Announced its Launch on Solana

Huma Finance, the first Payment Financing (PayFi) network that has recently surpassed $2 billion in transactions, today announced the launch of its protocol on Solana. Huma’s expansion advances its ability to provide instant liquidity solutions for global businesses and meet the payment industry’s demand for affordable, accessible, and secure on-chain payment financing. In tandem with the launch, Huma unveiled a limited-time campaign on Solana for accredited investors seeking double-digit stablecoin yield. Successful recent partnerships with high-profile companies, including Stripe, Shopify, and Paypal...

NDR Partners with Docsumo to Fastrack Debt Settlements with Document AI

National Debt Relief (NDR), America’s leading debt settlement firm, has partnered with Docsumo, an innovative Document AI platform, to revolutionize the debt relief industry. This groundbreaking collaboration harnesses cutting-edge AI technology to empower thousands on their journey to financial freedom. Using Docsumo, National Debt Relief automates the processing of Debt Settlement Letters, which allows them to help people get out of debt faster. Danny Tilipman, President & Co-Founder of National Debt Relief, illustrates the effectiveness...

Saphyre Named to 2024 Fintech 100 by CB Insights

Saphyre, Inc., a leading pre- and post-trade platform for the world’s largest financial institutions, has been named to CB Insights’ Fintech 100 for 2024 in recognition of Saphyre’s industry leading T+1 trade ops solution. “It is an honor and privilege to be ranked on CB Insights’ Fintech 100,” said Saphyre Co-Founder and President Stephen Roche. “It has never been a more important time for the finance industry to adhere to T+1 mandates here in the US...

Fin Capital Named to 2024 List of Founder-Friendly Investors for 2nd Year

Fin Capital, a global asset manager specializing in B2B Fintech Software, announced it was named to Inc. Business Media’s (“Inc.”) annual Founder-Friendly Investors list, which honors the private equity firms, venture capital firms and lenders with track records of backing founder-led companies. This year’s list celebrates 269 firms that believe in backing founder-led businesses and helping them thrive. All companies on the list have demonstrated successful track records of collaboration and remaining actively involved with...

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