Rapid Finance

rapidfinance.com

Rapid Advance is a leading online financial services company that offers flexible funding solutions to small and medium-sized businesses. Having provided more than $800 million in financing to businesses nationwide, Rapid Advance helps clients obtain working capital funds quickly and seamlessly. Home Office in Bethesda, Maryland, Rapid Advance also maintains an office in Detroit, Michigan, and is part of the Rock Ventures Family of Companies, which includes Quicken Loans, The Cleveland Cavaliers and Genius, among others. The company is rated A+ by the Better Business Bureau.

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CORE BANKING, FINTECH

RAPID FINANCE WINS FINTECH FUTURES 2022 BANKING TECH AWARD FOR “COVID-19 RESPONSE BY TECHNOLOGY SERVICES & SOFTWARE PROVIDERS”

Rapid Finance | December 20, 2022

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Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, has been named by Fintech Futures as a 2022 Banking Tech Award winner in the category of “COVID-19 Response by Technology Services & Software Providers” at the 23rd annual ceremony. The Banking Tech Awards recognize excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen....

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TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

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Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

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COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

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The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Read More

WALL STREET PUSHES HIGHER AMID DEAL FLURRY

Wall Street | January 13, 2020

news image

U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...

Read More
news image

CORE BANKING, FINTECH

RAPID FINANCE WINS FINTECH FUTURES 2022 BANKING TECH AWARD FOR “COVID-19 RESPONSE BY TECHNOLOGY SERVICES & SOFTWARE PROVIDERS”

Rapid Finance | December 20, 2022

Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, has been named by Fintech Futures as a 2022 Banking Tech Award winner in the category of “COVID-19 Response by Technology Services & Software Providers” at the 23rd annual ceremony. The Banking Tech Awards recognize excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen....

Read More
news image

TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

Read More
news image

COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Read More
news image

WALL STREET PUSHES HIGHER AMID DEAL FLURRY

Wall Street | January 13, 2020

U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...

Read More