California Financial Services

Cision PR Newswire | August 28, 2020

Spire Capital, a leading New York-based private equity firm specializing in investments in the technology-enabled business services, communications, media, and education sectors, today announced its investment in Advocate Networks, LLC ("Advocate" or the "Company"). Advocate is the Premier TBM Services Company providing technology business management ("TBM") and technology expense management ("TEM") services to enterprise organizations needing to optimize ...

Funding

Yes Lender | July 07, 2021

Yes Lender has announced the acquisition of Edge Funder, Inc., a FinTech start-up that is revolutionising entrepreneur access to operating capital through its direct-to-merchant finance site. The platform, which is powered by artificial intelligence and proprietary algorithms, provides merchants with several funding choices in less than 60 seconds. Edge Funder also has extensive marketing expertise in boosting online traffic and generating quality leads of merchants in need of operating capital....

Goldman | January 22, 2020

Goldman Sachs sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple, according to the American Banker. The New York banking giant reported on 15 January that it sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple. Goldman Sachs’ personal loans outstanding at the end of 2019 were in the $5 billion range, unchanged from a year earlier. The company starte...

Blockchain

Tassat Group Inc | January 13, 2022

Tassat Group Inc. and Cogent Bank have recently announced that Cognet’s bank B2B clients can access TassatPay, the blockchain-based, real-time payment platform. This will be fully deployed within the U.S. banking system. TassatPay enables banks to provide a secure platform for all payments, 24/7/365. While this partnership news was released, Chirag Bhavsar, president of Cogent Bank, shared some details. He says, “Providing our B2B clients with immediate payments using ...