PowerPay, a digital lender headquartered in the United States, has reached a significant financial milestone by successfully raising $60 million through an investment-grade corporate bond issuance. This accomplishment, with KeyBank acting as the exclusive private placement agent, marks an important
Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset
Projections indicate that the global credit card payments market is embarking on a journey of substantial growth, with estimations showing a colossal leap to approximately USD 1,159.7 billion by the year 2033, rising from USD 533.7 billion in 2023. This transition denotes a vigorous compound annual
Artificial Intelligence (AI) is fundamentally reshaping the credit union industry, not merely by enhancing their operational capabilities but also by upholding and enriching the principle of "people helping people." Traditionally, credit unions have relied on the 4 Cs of lending—Credit, C
As the need for effective global conservation efforts intensifies, biodiversity credit projects and the methods to calculate their value are becoming increasingly pivotal. These credits act as financial incentives for activities aimed at achieving positive environmental outcomes, such as enhancing
In a groundbreaking development aimed at streamlining payment processes and enhancing fraud controls, Payfinia, Inc. has announced the launch of a new Credit Union Service Organization (CUSO) in collaboration with Star One Credit Union. This initiative is centered around the newly developed Instant
