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From the Board of Credit Suisse to the FinTech World – Gaël de Boissard joins the winner of last year’s Money20/20 Europe Startup Competition

June 27, 2017
Article by:

James

New York, NY – 26 Jun, 2017 – Exactly one year after winning Money20/20 Europe Startup Competition, James (a FinTech in Credit Risk, formerly known as CrowdProcess) returns to Copenhagen after closing an oversubscribed investment round led by Ex-Credit Suisse Board Member Gaël de Boissard. This round also included ex-Deutsche Bank COO, Henry Ritchotte, and […]

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CloudMyBiz and Ocrolus Announce Ground-Breaking FinTech Partnership

June 4, 2017
Article by:

press release

PerfectAudit API Integration with Salesforce June 4, 2017 – CloudMyBiz, a leader in Salesforce development and implementation, is pleased to announce a new partnership with Ocrolus, an emerging innovator in bank statement review automation. The integration of the PerfectAudit API, powered by Ocrolus, into the Fundingo lending platform by CloudMyBiz, has created the industry’s first […]

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No-Login-Required Bank Statement Review Automation Starts with Strategic Funding Source

May 5, 2017
Article by:

company news

Wall Street, NY — Ocrolus, the emerging leader in bank statement review automation, is pleased to announce its arrival in the lending community with flagship customer Strategic Funding Source. The PerfectAudit API, powered by Ocrolus, analyzes uploaded bank statements with 99+% accuracy, replacing manual review with automation. Ocrolus technology allows lenders, for the first time, […]

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AMA Recovery Group Announces Joshua Pena as Director of Client Relations

April 4, 2017
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AMA Press Release

Houston, TX — We are pleased to announce Joshua Pena has been brought on board to oversee our client services in the capacity of Director of Client Relations. Josh brings over 15 years of customer relations and operations experience to our team. Prior to joining AMA, Josh served as Vice President of Operations for a […]

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In Advance Capital Secures $50 Million In Additional Financing

March 29, 2017
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company news

New York, NY — On March 27th, Times Square-based In Advance Capital secured a $50 million credit line to continue the rapid growth of its merchant cash advance business. The eighteen-month-old company, led by founders Shalom Auerbach and Thomas Corliss, attributes its portfolio transparency, discipline, and strong relationships with investors as the key contributing factors […]

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Brickell Capital Finance Inks Deal with Liquid FSI Convert2Pay™

March 16, 2017
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press release

Miami, FL. March 16, 2017—Brickell Capital Finance, Inc., a leader in providing consumer facing loans to the healthcare industry, will offer Liquid FSI’s Convert2Pay™ through its 75 sales reps nationwide. Eli Mualin, President and CEO of Brickell said, “We believe that Convert2Pay is a ‘game changing’ Fintech product for the healthcare industry. It allows providers […]

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Kabbage Prices $525 Million Securitization; Anticipates “A(sf)” Rating on Its Debt

March 8, 2017
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Kabbage

Facility to Enable Expansion of Product Mix for Larger Businesses Kabbage®, a pioneering financial services, technology and data platform, today announced that on March 7, 2017, it priced $525 million of fixed-rate, asset-backed notes in a private securitization transaction. The facility is expandable to $1.5 billion. The notes will be issued in four classes by […]

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Upstart Raises $32.5M

March 6, 2017
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company news

It’s been three years since we launched the Upstart lending platform, and today we’re pleased to announce we’ve raised $32.5M to take our business to the next level. The funding round was lead by Rakuten, a global leader in internet services and global innovation headquartered in Japan, and by a large US based asset manager. […]

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Patch of Land Hires Chief Investment Product Officer, Matthew Zall, Recognized Capital Markets Expert and Innovator of Lending Products for the Single-Family Home Rental Market

March 5, 2017
Article by:

breaking news

Prepares to add lending products for $6 trillion single-family rental market LOS ANGELES- March 6, 2017 – Patch of Land, a leading online real estate marketplace lender and crowdfunding platform, announces the addition of Matthew Zall as Chief Investment Product Officer as the firm prepares to expand into the single-family rental market with longer term, […]

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Innovative Lending Platform Association and Coalition for Responsible Business Finance Join Forces

March 5, 2017
Article by:

breaking news

CRBF joins ILPA to promote responsible lending and increase access to capital for small businesses NEW YORK, Early Release — The Innovative Lending Platform Association (ILPA) and the Coalition for Responsible Business Finance (CRBF) today announced they are joining forces and will now operate as the ILPA – the leading trade organization representing a diverse […]

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