Citi has structured a Social Trade Loan for Banco Agromercantil de Guatemala (Bam) to provide crucial funding to small and medium enterprises (SMEs), fostering inclusive economic growth. This marks the first Social Trade Loan with Grupo Bancolombia. The approved amount…
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights Offering for Common and Preferred Stock RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE: OPP) (“the Fund”) has released the final results of its recently concluded non-transferable rights offering (“the Offering”). The…
MoneyLion Inc. (NYSE: ML), a leading digital ecosystem for consumer finance, announced today the successful completion of a $70 million loan facility with Silicon Valley Bank (SVB), a division of First-Citizens Bank & Trust Company. The refinancing deal replaces MoneyLion’s…
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) (the “Fund”) announced today that it has successfully completed its liquidation process as of November 25, 2024, in line with its investment objectives and organizational guidelines. The…
Paystand, a leading fintech company specializing in blockchain-enabled B2B payments, was recently recognized on the prestigious Deloitte Technology Fast 500™ list, securing the 306th spot for 2023. With an impressive 380% growth from 2020 to 2023, Paystand has quickly become…
TFS Financial Corporation (NASDAQ: TFSL), the holding company for Third Federal Savings and Loan Association of Cleveland, has announced that its Board of Directors declared a quarterly cash dividend of $0.2825 per share. The dividend will be payable on December…
Taos Housing Partnership Receives $30K Grant to Support Economic Development The Federal Home Loan Bank of Dallas (FHLB Dallas) and Centinel Bank of Taos have awarded $30,000 in Partnership Grant Program (PGP) funding to the Taos Housing Partnership, supporting efforts…
Global Organizations Launch Open Finance Guidelines to Advance Financial Inclusion A coalition of international organizations has unveiled high-level guidelines to assist governments in leveraging open finance to enhance digital financial services, drive innovation, and broaden access to diverse financial products.…
CoinFlip, a global leader in digital currency platforms, has introduced its new CoinFlip Wallet in Australia and New Zealand, aimed at simplifying cryptocurrency transactions and making digital assets more accessible. The CoinFlip Wallet is designed to enhance user experience by…
FIS and Oracle Collaborate to Revolutionize Utility Billing and Payment Solutions FIS® (NYSE: FIS), a global leader in financial technology, has teamed up with Oracle to enhance billing and payment capabilities within the utility sector, including electricity, gas, water, and…
SoFi (SOFI), a comprehensive digital financial services platform that helps members borrow, save, spend, invest, and protect their money, has announced the launch of its new robo-advisor platform. This platform expands on SoFi’s existing automated investment offerings and is one…
MC2 Finance, a leader in commercial transportation financing, has partnered with FlexPath® DXP, a pioneer in digital identity verification and credit prequalification technologies. This collaboration will enable MC2 to leverage FlexPath’s patent-pending VeriQual™ solution, streamlining credit prequalification and identity verification…
