ABS

FinTech Pagaya Notches $102M In Funding Round
FinTech Pagaya Notches $102M In Funding Round
June 17, 2020  |  Investments

Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing...

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Kabbage Raises $700M For SMB Lending
Kabbage Raises $700M For SMB Lending
April 08, 2019  |  Investments

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online...

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Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018  |  Investments

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if...

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Canadian Banks Selling Credit Card ABS In US
Canadian Banks Selling Credit Card ABS In US
December 08, 2016  |  Banking

Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. In a...

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Slow And Steady For Credit Card ABS Payments, Says Fitch
Slow And Steady For Credit Card ABS Payments, Says Fitch
August 12, 2016  |  Payment Methods

Some sanguine news comes from Fitch Ratings regarding the state of the U.S. credit arena, as evidenced by card usage and payments. The firm said...

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