Andevour

Finacity | January 29, 2020

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization for Nitron Group LLC (“Nitron”). The facility supported by Nitron’s global receivables portfolio allows for up to $200 million in funding. Finacity provided analytic and structuring support, as well as serving as the ongoing Transaction Administrator. The program is the latest deal struck since Finacity joined Greensill in June ...

CORE BANKING

Temenos | October 11, 2021

Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US. CUaaS is offered by Mbanq’s Credit Union Service Organization (CUSO) and will be powered by The Temenos Banking Cloud. This solution...

Glenhawk | March 18, 2020

The deal will support the bridging lender’s expansion into the growing homeowner mortgage market Glenhawk, the fast-growing UK challenger lender, has agreed a new senior funding line with J.P. Morgan, which will support the firm’s ambitions to grow its UK loan book to £200 million by the end of 2021 – under the leadership of CEO Guy Harrington. The facility represents the first time that J.P. Morgan has invested in a private securitisation backed by UK bridging loans. The...

PAYMENTS

REPAY | May 20, 2021

Repay Holdings Corporation one of the leading provider of vertically integrated payment systems, today launched the Sage 100 Automated Payments System to allow companies to pay retailers seamlessly and safely, whilst reducing costs. This adds to current REPAY integrations for the solution Sage X3 and Sage 300. APS Payments, a REPAY organisation and a leading supplier of digital payment systems are available for all B2B channels. Extending REPAY's incorporation into Sage achiev...