Tag: LendTech News North America
Arch Lending raises $75m in equity and debt financing to power crypto-backed loans
Company Overview: Arch Lending, a New York-based fintech start-up founded in 2022, specializes in providing crypto-backed loans to...
US fintech Amount lands $30m in fresh funding to advance AI capabilities
Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding...
Setpoint bags $31m Series B funding to fuel research and development
Series B Funding:New York-based fintech Setpoint secured $31 million in a Series B funding round led by...
US fintech Octane raises $50m Series E funding led by Valar Ventures
Funding Round:Octane, a New York-based fintech, secured a $50 million Series E funding round.
The round was...
Pipe secures new $100m credit facility from Victory Park Capital
Pipe Secures $100 Million Credit Facility from Victory Park Capital
Key Highlights:Funding Details:Amount: $100 million credit facility
Potential...
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB).
Target: SoLo Funds, a peer-to-peer (P2P) lending platform.
Allegation: Deceiving...
US fintech Yendo secures $165m in mix of debt financing and equity
Company Overview:Yendo is a US fintech offering the world’s "first-ever vehicle-secured" credit card.
Launched in 2022 and...
Former Bank of America MD Mieko Shibata named new R&T Deposit Solutions CIO
R&T Deposit Solutions, a US-based provider of cash management and deposit placement programs, has named Mieko Shibata...
Digital lending platform Blend Labs bags $150m funding from Haveli Investments
Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend...
Stax Payments founders launch business credit decisioning platform Worth AI
Sal Rehmetullah and Suneera Madhani, founders of US fintech Stax Payments, have launched a new AI-powered business credit...
CFPB to cap credit card late fees at $8 and increase accountability among issuers
CFPB Caps Late Fees on Credit Cards:Ruling by CFPB:The Consumer Financial Protection Bureau (CFPB) has finalized a...
Raymond James Bank to deploy ICE Mortgage Technology’s lending solution Encompass
Raymond James Bank (RJF), based in Florida, US, has partnered with ICE Mortgage Technology to enhance its mortgage...