Billhighway

Gemspring Capital | July 27, 2020

Gemspring Capital, a middle-market private equity firm, is pleased to announce its acquisition of Cforia Software, LLC (“Cforia”), a leading provider of order-to-cash (OTC) automation software. Based in Westlake Village, CA, Cforia’s OTC automation software platform improves collections and cash management for B2B customers globally. Co-founders Chris Caparon and Dave McIntyre designed the Cforia platform to allow companies to accelerate the conversion of accounts receiv...

Core Banking, Fintech

Lumin Digital and UT Federal Credit Union | October 07, 2022

Lumin Digital announced today that Tennessee-based UT Federal Credit Union (UTFCU) has signed a multi-year agreement for Lumin Digital's cloud-based online and mobile digital banking platform. Lumin will support UTFCU's more than $460 million in assets and 26,000 plus members when the platform is launched in May 2023. A cloud-native digital banking platform, Lumin Digital will provide UTFCU members with an integrated, customized experience that matches larger financial ins...

Payments

Hightower Advisors | February 14, 2023

On February 13, 2023, Hightower, a wealth management firm, announced it had made a strategic investment in Bickling Financial Services, Inc., a registered investment advisor (RIA) with around $625 million in assets. Bickling Financial Services offers full-service wealth management and financial planning services to assist clients in achieving their long-term financial and personal objectives. The corporation has strong ties to New England and Northeast communities. The firm has ...

Tesla | January 16, 2020

Tesla (NASDAQ:TSLA) shares fell in midday trading Thursday, which shouldn’t be a big surprise to anyone who’s been watching the stock lately. The stock has nearly doubled in the last six months. Rallies do run out of steam and even the most bullish of bulls take some profits on a hot stock. Shares were down about 3.4% due to a couple of reasons. First, a report showed that the electric automaker’s sales in California nearly halved in the final quarter of 2019 as a ramp-up in ta...