News

The Truist Foundation is donating $1 million to support relief and recovery efforts for communities impacted by Hurricane Ian in Florida.

Solifi, a global fintech software partner for secured finance, released its latest version of Solifi Wholesale Finance SaaS solution.

Drip Capital, a cross-border digital trade finance platform, partnered with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.

Stifel Financial and Korea Investment & Securities, a subsidiary of Korea Investment Holdings, formed a substantial leveraged lending joint venture, SF Credit Partners.

Phoenix Services, a provider of mission critical services to global steel producing companies, has taken the next step in its comprehensive restructuring strategy by filing voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Celsius Network appointed Chris Ferraro to the role of chief restructuring officer and interim chief executive officer and that co-founder and CEO Alex Mashinsky has resigned as CEO effective immediately.

CohnReznick announced the winners of its inaugural Gamechangers in ESG Awards program. The program was designed to recognize U.S.-based businesses that are “changing the game” through their commitment to ESG strategies and practices.

Avenue Bank, an Australian start-up digital business bank specializing in serving small and medium-size businesses, is live on the nCino bank operating system.

Rapid Finance updated its corporate branding in response to accelerated company growth and strong industry adoption of its scalable, purpose-built solutions to drive efficient SMB financing and servicing.

CITGO Holding, a Delaware corporation, repaid in full the approximately $267 million aggregate principal amount of indebtedness that remained outstanding under the company's senior secured term loan B due 2023.