Peak Trust Company

Tesla | February 13, 2020

Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million shares, of which Chief Executive Officer Elon Musk will buy up to $10 million in shares, while board member and Oracle co-founder Larry Ellison will purchase up to $1 million worth of Tesla shares. Tesla&rsq...

FINANCIAL MANAGEMENT

Bento | January 11, 2021

Bento for Business, the leading spend management solution for businesses, unveiled another and powerful stack of accounting features to help businesses save time, streamline bookkeeping and close books quicker. With these new features, Bento customers will have the option to import their GL Account, Class, and Location esteems into Bento and code transactions straightforwardly in Bento with two or three ticks. Moreover, they will have the option to make custom mapping rules to dis...

CORE BANKING

Current | January 04, 2021

Current, a main U.S. challenger bank serving Americans ignored by traditional banks, announced it was the first fintech in the country to get the second round of government stimulus payments. Current got the payments before 9 p.m. ET on Tuesday, less than three hours after the U.S. Treasury announced the funds were being issued, and is making all funds fully accessible to all members promptly, as a component of its mission to improve financial outcomes. "We'...

Business Wire | July 29, 2020

Advantage Capital Solar Partners III, LLC announced today that it completed a solar investment tax credit financing to support Generate Capital’s development of four community solar projects in New York, representing 11 megawatts in generating capacity.Our partnership expands our ability to scale the adoption of infrastructure built with distributed, clean, renewable assets, said Peggy Flannery, Principal at Generate Capital. This financing will enable Generate to deliver New York resident...