Fundera

Nasdaq | February 19, 2020

The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy. The number of new coronavirus cases dropped for the second straight day in China although global health officials cautioned it was too early to predict how the epidemic will play out and many viewed the official data with skepticism. China is widely expected to cut its benchmark lending rate on Thursday as it...

FINTECH

Cepton Technologies | February 14, 2022

Cepton Technologies, Inc. and Growth Capital Acquisition Corp. announced the completion of their previously announced business combination. Cepton Technologies, Inc. is a Silicon Valley innovator and leader in high-performance lidar solutions. The business combination was agreed upon at a particular meeting of GCAC’s stockholders on Wednesday, February 9, 2022. “The day is a special milestone for Cepton,” said Dr. Jun Pei, Cepton’s Co-Founder and CEO. &ldqu...

CORE BANKING

Locality Bank | June 13, 2022

Locality Bank, a digital-first community bank that launched January 12, 2022, has announced it has partnered with Hurdlr, a leading business expense, invoicing and accounting API. The integration on the Bank's mobile application is expected to roll out in 30 to 45 days. Utilizing the Hurdlr API integration with Locality Bank's platform will provide businesses with a way to seamlessly invoice their customers and automatically track expenses, income streams, and tax deductio...

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 ...