Banking
BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit
Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit.
Builds upon a previous $250 million debt facility obtained...
Banking
Ally Financial sells POS financing business to Synchrony
Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial.
Duel Offering Strategy: Synchrony aims to create...
Banking
US private equity firm WCAS buys majority stake in EquiLend
WCAS, a New York-based private equity firm, has acquired a majority stake in EquiLend, a securities lending platform.
EquiLend anticipates the deal's completion...
Banking
CSI snaps up partner Hawthorn River for single-platform loan origination system
CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities.
Hawthorn River...
AI
US fintech start-up SellersFi secures new credit facility of up to $300m
SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million.
Citi and Fasanara Capital are...
Banking
Customers Bank taps Funding Circle for Lending-as-a-Service platform
Adoption of Funding Circle's LaaS PlatformPennsylvania-based Customers Bank is adopting Funding Circle’s Lending-as-a-Service (LaaS) platform.
The move aims to expand lending capabilities...
Banking
US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya
Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital...
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