Neo Financial Raises CAD $360 Million in Series D Funding Round Neo Financial, a prominent Canadian financial technology company, has successfully raised CAD $360 million in its Series D funding round. This funding consists of CAD $110 million in equity…
Q5 Wealth Management, a group of five financial advisors overseeing $1.5 billion in client assets across Houston and Beaumont, Texas, has expanded with the addition of Scott Guptill, CFA. The team transitioned to the independent channel of Ameriprise Financial, Inc.…
Western Union Launches Media Network to Help Brands Connect with Multicultural Audiences Western Union has unveiled a new business venture aimed at providing companies with a unique way to connect and engage with a diverse, multicultural audience of millions worldwide.…
Tradeweb Partners with Tokyo Stock Exchange to Enhance Access to Japanese ETF Liquidity New Collaboration Aims to Streamline Japanese ETF Trading for Institutional Investors Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic trading platforms across rates, credit,…
AM Best has revised the outlook for Mercantil Seguros y Reaseguros, S.A. (Mercantil Seguros) from negative to stable and affirmed its Financial Strength Rating of B++ (Good) and Long-Term Issuer Credit Rating of “bbb” (Good). These ratings reflect the company’s…
AM Best Reaffirms Superior Credit Ratings for Houston Casualty Group and Affiliates AM Best has reaffirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) for the property/casualty (P/C) members…
Monroe Capital LLC (“Monroe”) has been selected by Inc. Magazine’s 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms with a track record of backing founder-led companies and helping them achieve success. As a…
Horizon Technology Finance Corporation (NASDAQ: HRZN), an affiliate of Monroe Capital and a leading specialty finance company offering secured loans to venture-backed firms in technology, life sciences, healthcare information services, and sustainability, announced its board has approved monthly cash distributions…
KBRA has assigned preliminary ratings to 52 classes of mortgage pass-through certificates from the GS Mortgage-Backed Securities Trust 2024-INV1 (GSMBS 2024-INV1). The collateral pool, comprised entirely of prime, investment-purpose mortgage loans, includes 722 first-lien, fixed-rate residential mortgages with a total…
Transact Campus, Inc., a subsidiary of Roper Technologies, is excited to announce the launch of its Mobile Credential solution at the University of Victoria, marking the inaugural implementation of this technology in British Columbia. This deployment further cements Transact’s status…
KBRA has assigned preliminary ratings to five classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2024-3 and Research-Driven Pagaya Motor Trust 2024-3 (collectively referred to as “RPM 2024-3”), an auto loan asset-backed securities (ABS) transaction. The initial credit…
KBRA Europe (KBRA) has issued preliminary ratings for Lugo Funding DAC (Lugo), a static Spanish RMBS securitization backed by restructured and primarily reperforming mortgage loans (RPL), represented through mortgage participations and mortgage transfer certificates. The provisional collateral comprises a €664.6…
