financing

Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed – called capital in the company context – and how they spend or invest that money.
Synchrony to Acquire Ally Financial’s POS Financing Arm
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024  |  Acquisitions

Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  This acquisition includes $2.2 billion of loan receivables and relationships with...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Acquisitions

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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Tower Community Bank Taps FintechOS for POS Healthcare Financing
Tower Community Bank Taps FintechOS for POS Healthcare Financing
January 17, 2024  |  Healthcare Financing

Tennessee-based Tower Community Bank has partnered with FintechOS to launch a point-of-sale (POS) lending platform.  The new Momentum by Tower embedded lending solution enables local businesses to provide financing...

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Qashio and CredibleX Launch Business Financing Solution in MENA Region 
Qashio and CredibleX Launch Business Financing Solution in MENA Region 
January 08, 2024  |  Partnerships

Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region.  The new Qashio Financing solution...

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Sopra and Vero Partner on Wholesale Auto Financing Solution 
Sopra and Vero Partner on Wholesale Auto Financing Solution 
December 19, 2023  |  Partnerships

Sopra Banking Software (SBS) and Vero Technologies have joined forces to bring digital, wholesale auto financing capabilities to local and regional U.S. banks, credit unions and specialized finance...

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Rapid Finance and Ramp Partner on Small Business Financing Options 
Rapid Finance and Ramp Partner on Small Business Financing Options 
November 29, 2023  |  SMBs

Lending-as-a-service solution provider Rapid Finance and spend management platform Ramp have partnered to provide small businesses with faster access to capital.  Small businesses on Ramp’s platform can now gain...

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4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
November 20, 2023  |  Consumer Finance

One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These...

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Small Businesses Delay Purchases and Hiring Due to High Interest Rates
Small Businesses Delay Purchases and Hiring Due to High Interest Rates
November 14, 2023  |  Economy

 High interest rates are leading smaller businesses to lower their expectations.  As the Wall Street Journal (WSJ) noted in a report Tuesday (Nov. 14), some...

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DigniFi and Dealer Pay Team to Help Finance Car Repairs
DigniFi and Dealer Pay Team to Help Finance Car Repairs
November 13, 2023  |  Partnerships

Automotive repair financing FinTech DigniFi has teamed with car dealer point-of-sale provider Dealer Pay. The collaboration, announced Monday (Nov. 13), combines Dignifi’s financing and payment options with Dealer Pay’s payment...

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