AM Best Upgrades Credit Ratings for Provident Insurance Corporation Limited AM Best has upgraded Provident Insurance Corporation Limited’s (PICL) Financial Strength Rating (FSR) from B (Fair) to B+ (Good) and its Long-Term Issuer Credit Rating (ICR) from “bb+” (Fair) to…
Rapid Finance, a prominent platform specializing in small business financing, has announced a strategic collaboration with UBIZ Venture Capital, a non-profit Community Development Financial Institution (CDFI) committed to supporting minority-owned and disadvantaged businesses. This partnership marks a significant milestone for…
Northern Trust Selected to Provide Integrated Trading Solutions for Avanza Fonder’s Index Funds Northern Trust (Nasdaq: NTRS) has announced that it will be providing its Integrated Trading Solutions (ITS) to support Avanza Fonder, the Stockholm-based fund management firm known for…
Brigit Report Reveals Increased Spending Among Paycheck-to-Paycheck Shoppers During Black Friday/Cyber Monday 2024 Brigit, a leading financial wellness app, has released its 2024 Black Friday and Cyber Monday spending report, showcasing a significant year-over-year increase in spending among paycheck-to-paycheck consumers…
Enviva Successfully Emerges from Chapter 11, Positioned for Growth and Market Leadership Enviva, LLC (“Enviva” or the “Company”), a leading producer of industrial wood pellets, has successfully emerged from Chapter 11 bankruptcy protection, marking a key milestone in the Company’s…
JSB Financial Inc. (OTC Pink: JFWV), the parent company of Jefferson Security Bank, has announced the promotion of Dustin T. Branner to Executive Vice President and Chief Lending Officer. In this pivotal role, Branner will leverage his extensive expertise and…
The Madison Covered Call & Equity Strategy Fund (the “Fund”) has declared its regular quarterly distribution of $0.18 per share on its common shares (NYSE: MCN). This distribution will be payable on December 31, 2024, to shareholders of record as…
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…
