LiquidX, a global fintech solutions provider for working capital, trade finance and insurance, appointed Keith Raymond a managing director of InBlock sales. Raymond will lead the commercial expansion of LiquidX’s InBlock digital working capital platform.
Cross River, a technology-focused financial services organization and banking-as-a-service provider, delivered a $50 million debt facility to SeedFi as part of a new partnership between the two companies.
Finitive, a fintech platform providing institutional investors with direct access to private credit transactions, facilitated a $50 million senior secured revolving line of credit with an accordion feature of $100 million to TRADE X, a global B2B automotive trading platform.
Pagaya hired Jeff Andrews as head of originations, Paul Limanni as head of structured products, Brandon McCue as senior managing director of client advisory, Rob Brady as senior managing director of institutional sales U.S. and Anna Roubos as VP of brand and communications.
The Financial Technology Report named Sam Graziano, co-founder and CEO of Fundation, one of the top 50 financial technology CEOs of 2020. Fundation is a financial technology company focused on modernizing how credit is delivered to the small business market.
Digital Power Lending will begin offering loan services on its fintech portal DigitalPowerLending.com, and its other affiliated websites, and will begin brokering loans through various financial institutions beginning in Q3/20.
1871 and BMO Harris Bank selected Delshan, Hope Trust, Plinqit, Pocketnest and The Wealth Factory as the five participating companies in the WMN•FINtech program, which is a mentoring program for women-led financial technology startups.
Xalles Capital, a wholly-owned subsidiary of Xalles Holdings, is creating a virtual growth center for fintech firms. Xalles Capital expects between 10 to 20 companies to be admitted to the program during its first year.