Tagged: commercial

Commercial Cannabis Financing Lender Bespoke Financial Raises $8 Million through Series A Funding Round Led By Snoop Dogg’s Casa Verde Capital & Sweat Equity Ventures

  Bespoke Financial, a U.S.-based fintech that provides debt financing to cannabis companies, announced on Tuesday it raised $8 million through its Series A funding round, bringing the company’s total funding to date to over $28 million. According to Bespoke, the investment round was led… Read More

U.S. Insurtech Corvus Raises $100 Million Through Series C Investment Round Led By Insight Partners

  Corvus Insurance, a U.S.-based insurtech startup, announced on Wednesday it raised $100 million through its Series C funding round, which was led by Insight Parters with participation from previous institutional investors. Corvus reported that as part of the transaction, Insight Partners’ Managing Director Deven… Read More

Commercial Insurance-as-a-Service API Provider Briza Secures $8 Million Through Series A Funding Round Led By Investment Group of Santa Barbara

Briza, a U.S.-based commercial insurance-as-a-service API provider, recently announced it secured $8 million through its Series A funding round, which was led by Investment Group of Santa Barbara with participation from 500 Startups. Founded in 2016, Briza claims it is enabling the commercial insurance industry’s… Read More

TD Bank Creates New Commercial Bank

  TD Bank recently announced it has combined its previous commercial and corporate with speciality banking teams to create a new commercial bank. According to TD Bank, the commercial banking will drive growth as well as deliver a “better” client and colleague experiment and create… Read More

Commercial Insurtech Bold Penguin Joins American Family Insurance

    Bold Penguin, a U.S.-based commercial insurtech firm, recently announced it has been acquired by American Family Insurance Mutual Holding Company. As previously reported, Bold Penguin claims it launched a “high efficient” exchange that enhances the connection between customers, agents, and carriers while reducing… Read More

Plastiq Teams Up With Tipalti to Increase Working Capital & Automate Bill Pay for Commercial Businesses

Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Wednesday it has teamed up with global payables automation platform Tipalti to enable commercial businesses to use their corporate credit cards to pay suppliers, even if the suppliers don’t accept credit cards. According to… Read More

Mastercard Teams Up With TSYS & Extend to Launch Mobile Virtual Card Solution for Commercial Clients

  Mastercard announced on Monday that it and its partners, TSYS, a Global Payments company, and Extend, have introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. According to… Read More

Radius Bank Unveils Commercial API Banking Platform & Developer Sandbox

U.S. digital bank Radius Bank announced on Thursday it has teamed up with API banking group Treasury Prime to launch its commercial API banking platform and developer sandbox. Radius noted that with API banking it is expanding its banking-as-a-service (BaaS) digital platform by offering commercial… Read More

Mastercard Announces Global Commercial Partnership With Pollinate

Mastercard announced on Friday it has formed a global commercial partnership with merchant software platform, Pollinate. Through the collaboration, the duo will reportedly bring the latest technology and data insights to banks serving small and medium businesses around the world. In a statement, the companies… Read More

U.S. Commercial Insurtech Coterie Raises $8.5 Million Through Series A Funding Round Led By RPM Ventures

Coterie, a U.S.-based commercial insurtech, recently announced it secured $8.5 million through its Series A funding round, which was led by RPM Ventures with participation from Allos Ventues, Western & Southern, Intercept Ventures, Frontier Venture Capital, and Sure Ventures. The company previously raised $3.15 million…. Read More

VersaPay Names Large Retail REIT As Newest ARC Client

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on this week it has signed another major U.S. REIT to add to its growing client list in commercial real estate. VersaPay revealed: “With properties across the US, the… Read More

DiversyFund Debuts $50 Million Growth Fund for Multifamily and Commercial Real Estate Deals

DiversyFund, a real estate crowdfunding marketplace, announced on Monday it has launched its Commercial and Multifamily Real Estate Growth Fund. The funding portal reported that investors in this fund will own shares of a variety of real estate investments, with 80% of the fund dedicated to… Read More

RealtyShare’s Latest Survey Reveals Many Americans Believe Commercial Real Estate is Critical to Improving Local Communities

RealtyShares, an online marketplace for real estate investing, announced on Wednesday the results from its Commercial Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in December 2017 by Harris Poll on its behalf. The results revealed that many Americans believe… Read More

Realty Mentors Announces New Investment Advisory Firm for the Commercial Real Estate Sector

  Realty Mentors, an affiliate company of CreditVest and a commercial real estate diligence and underwriting firm headquartered in Pittsburg, announced on Monday its new investment advisory business, which specifically offers advice and analysis of commercial real estate investment opportunities for individual investors. The company… Read More

Property Partner To Now Offer Direct Investment in Commercial Property

UK-based property crowdfunding platform Property Partner announced on Monday it is now offering direct investment in commercial property. The funding portal revealed that it will now enable non-institutional investors to buy and sell shares in a range of handpicked commercial properties. “Unlike traditional funds, which… Read More

Assetz Capital Lowers Commercial Mortgage Interest Rate From 7.9% to 6.9%

Assetz Capital, one of the UK’s fastest growing peer-to-peer finance platforms and the largest property backed peer-to-peer lender, announced on Friday it has lowered its entry interest rate for commercial mortgages from 7.9% to 6.9% in an unprecedented move to give access to even lower rates… Read More

Ten-X Teams Up With Money360 To Offer Financing Services For Commercial Real Estate Transaction Marketplace

Earlier this week, online real estate transaction marketplace Ten-X Commercial announced it has formed a partnership with real estate crowdfunding platform Money360. The company revealed this new partnership will expand the investor pool for commercial properties listed on its platform by giving prospective buyers assurance they will… Read More

Money360 Doubles Loan Portfolio & Surpasses $200 Million Transaction Mark

Commercial real estate marketplace lending platform Money360, announced on Thursday it has officially doubled its portfolio and surpassed the $200 million mark this month. The lender reported it took more than a year and a half for its platform to hit the $100 million and less… Read More

People Over Profit Airs First TV Commercials After Announcing Crowdfunding Campaign Launch (Video)

On Tuesday, new low-cost long-haul airliner, People Over Profit (POP), announced the airing of its first two TV commercials. The debut was revealed less than a week after the company launched its very own self-running crowdfunding campaign.  As previously reported, POP is not just considered the only airliner to… Read More

Brief: Acquire Real Estate Declares Investors See 17.5% Returns on DoubleTree by Hilton DFW Airport Investment

Acquire Real Estate, a real estate crowdfunding platform, announced on Tuesday its recent investment in the DoubleTree by Hilton DFW Airport is delivering on its targeted returns. The project reportedly met its projected Year 1 return rate of 17.5% for investors and is also on track… Read More

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