Search Results for: AAA credit rating

August 15, 2023 @ 9:22 am By JD Alois  |  

EstateGuru, an online marketplace for property-backed loans, has partnered with Moody’s to rate the securities offerings listed on the crowdfunding platform. Mihkel Stamm, CEO of Estateguru, said it is very important that investors on crowdfunded offerings have access to the best possible information. He shared… Read More

March 17, 2021 @ 10:25 pm By Omar Faridi  |  

Six New Hampshire residents are reportedly facing federal indictment because of an elaborate scheme that allowed people to exchange over $10 million for digital currencies like Bitcoin (BTC) and Ethereum (ETH). The US District Court indictment alleges that the co-conspirators had tricked or deceived financial… Read More

June 28, 2019 @ 7:32 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Friday it received a top rating from European Ratings Agency, ARC Ratings, for the fifth conservative year. According to LendInvest, ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets… Read More

June 6, 2019 @ 11:32 pm By JD Alois  |  

Online lender Younited Credit has completed its first public securitization transaction: Youni 2019-1, listed on Euronext, Paris. Youni 2019-1 is the first public securitization carried out by a Fintech in continental Europe. Younited Credit claims to be the first Fintech in the world to earn,… Read More

August 2, 2018 @ 4:56 pm By JD Alois  |  

Online lender CommonBond has issued its second AAA rated securitization from Moody’s and DBRS. This is the largest securitization for CommonBond yet at $292 million of total collateral. This was the second securitization for 2018 and the 7th overall bringing the total to $1.5 billion…. Read More

April 13, 2018 @ 10:05 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, announced earlier this week it has partnered with Fitch Solutions to offer Financial Implied Ratings (FIRs) through the Akoni platform. According to Akoni, the FIRs from Fitch Solutions will enable the company to offer clients an impartial assessment of… Read More

March 7, 2018 @ 7:39 pm By JD Alois  |  

  CommonBond, an online lending platform servicing the student loan market, has received its first triple A rating for securitization. Moody’s has assigned provisional ratings of (P)Aaa (sf) to Class A-1 and A-2 notes to be issued by CommonBond Student Loan Trust 2018-A-GS (CBSLT 2018-A-GS)…. Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 9, 2023 @ 3:38 pm By Michael Wong  |  

The global trade finance gap soared to an unprecedented $2.5 trillion in 2022, escalating from $1.7 trillion two years prior, reveals the 2023 Trade Finance Gaps, Growth and Jobs Survey presented by the Asian Development Bank (ADB) today. This gap represents the discrepancy between requests… Read More

June 30, 2018 @ 5:00 pm By Xu Gao  |  

Baihang Credit Rating Announces the First 15 Crew Members On June 28th, Baihang Credit Co., Ltd. announced its first crew members in Shenzhen. These 15 institutions are mainly Fintech and consumer finance companies, including Yirendai and PPDAI. According to the cooperation agreement, these 15 institutions… Read More

May 14, 2025 @ 10:45 pm By Omar Faridi  |  

Cross River Bank is focused on enabling and developing the infrastructure necessary for the scalability of digital financial services. The bank’s strategic expansion into capital markets is enabled by its strategic partnerships, innovative product offerings, and improved support for international payments. By prioritizing comprehensive financial… Read More

March 6, 2025 @ 7:09 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), which claims to be a “member-centric, one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the issuance of $697.6 million in notes secured by a pool of personal loans originated by… Read More

March 4, 2025 @ 7:49 pm By Tony Zerucha  |  

Q2 Holdings (NYSE:QTWO), a provider of digital transformation solutions for financial services, has released the 2025 Retail Banking Trends and Priorities report, authored by Jim Marous and published by Digital Banking Report. This report details important retail banking trends and priorities, providing a roadmap for financial institutions as they navigate… Read More

January 8, 2025 @ 11:13 am By Omar Faridi  |  

Estateguru noted that the crowdfunding sector, which gained growth momentum worldwide during the COVID-19 pandemic, has opened up opportunities for the public to invest their free capital and boosted the expansion of small and medium-sized businesses. Estateguru pointed out that over the past 10 years,… Read More

November 14, 2024 @ 3:38 pm By Omar Faridi  |  

HKMA and multilateral organizations aim to enhance strategic partnership for climate investment in Asia. The Hong Kong Monetary Authority joined hands with multilateral organizations, including the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and International Finance Corporation (IFC), a member of the World… Read More

October 10, 2024 @ 8:56 am By Michael Wong  |  

Lendbuzz, an AI-powered Fintech company that enhances consumer access to credit for vehicle purchases, has completed a $262 million securitization, identified as LBZZ 2024-3. The transaction is collateralized by a pool of auto loans made to consumers, secured by new and used automobiles, light-duty trucks,… Read More

July 25, 2024 @ 10:02 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly “through Stripe, removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

July 25, 2024 @ 9:55 pm By Omar Faridi  |  

Tech-first businesses, Banking Circle and fundcraft, are working in partnership to deliver seamless access to account openings for fund managers. Banking Circle, a firm focused on the payments space, is “one of fundcraft’s primary bank account providers, making accounts accessible through fundcraft via API integration.”… Read More

May 4, 2024 @ 8:42 am By Omar Faridi  |  

ColCap Financial UK Limited and Molo Tech Limited have completed their first securitization, ‘Molossus BTL 2024-1’. The securitization totals £300 million of prime UK buy-to-let mortgage loans “in England and Wales.” It is a Residential Mortgage-Backed Security (RMBS) transaction. ColCap is a privately-owned, Australian non-bank… Read More

April 30, 2024 @ 8:51 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly through Stripe, “removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More