American Lending Center (ALC) has been officially certified by the U.S. Small Business Administration (SBA) as a participant in the 7(a) Guaranteed Loan Program, recognized as a Non-Federally Regulated Lender (NFRL). “This certification is incredibly exciting for us,” said John…
Novatus Global Limited, a leading provider of regulatory technology solutions for global financial institutions, has announced a $40 million investment from Silversmith Capital Partners, a Boston-based growth equity firm. Since its founding in 2019, Novatus has become a trusted partner…
Cascadia Capital, a leading independent investment bank, proudly announces the appointment of Don More as Managing Director in its Technology & Software investment banking group. Based in New York, Mr. More is a renowned expert in cybersecurity and risk, bringing…
The Schwab Trading Activity Index™ (STAX) fell to 53.16 in August, down from 54.81 in July. As the only index of its kind, STAX is a proprietary tool that examines retail investor stock positions and trading activity from Schwab’s millions…
Bridgeforce, a leading financial services consultancy known for its expertise in regulatory compliance, operational optimization, and technology transformations, has partnered with Provana, a top provider of knowledge process management solutions. Together, they aim to deliver cutting-edge compliance and operational performance…
Zilch, the world’s first ad-subsidized payments network (ASPN), has announced its first month of operating profit while surpassing a revenue run rate of over $130 million (£100 million). These significant milestones come just four years after launching its innovative consumer…
Ant International, a leader in digital payments and financial technology, announced a strategic initiative to bring AI-driven credit technology solutions to Brazil. This effort aims to empower local partners and advance financial inclusion in the region. As a key step,…
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) announced the results of its special shareholder meeting held on August 29, 2024. Shareholders were asked to vote on a proposal to reorganize the Fund with the abrdn Total…
Securian Financial is strengthening its presence in the digital lending market through a strategic partnership with Aven, a fintech company that offers the Aven Home Card, a consumer credit card backed by home equity. As part of this partnership, Securian…
Square Financial Services, a Utah state-chartered industrial bank and a subsidiary of Block, Inc., has announced the launch of its 24 Squared grant initiative, in collaboration with the Community Foundation of Utah (CFU). Building on the success of the 22…
On August 9, KBRA DLD, a division of KBRA Analytics, added Khoros, LLC (formerly Lithium Technologies, LLC) to its Default Radar Red List. This move followed a significant markdown by Goldman Sachs BDC, which reduced its fair value mark on…
MultiBank Group, one of the world’s largest financial derivatives institutions based in Dubai, has announced its most successful financial year to date, with a record-breaking revenue of $306,636,717 in 2023. According to the latest audited financial statements, MultiBank Group achieved…
