Plurall, a Colombian Fintech firm that’s focused on enhancing the financial inclusion of Solopreneurs in Latin America, finalized a pre-seed round by securing $1.5 million in equity and $10 million debt financing, marking a key milestone for entrepreneurship in the region. Supported by well-known investors… Read More
Direct lender, Credibly, announced on Monday that it has unveiled its first extended-term business expansion loan offering. The product reportedly features rates ranging from 9.99% to 36%, terms of 18 and 24 months, with multiple payment options. While sharing details about the offering, Glenn Goldman, CEO of Credibly,… Read More
Direct lender Credibly has secured a $70 million credit facility to meet “enormous demand” from SMEs seeking capital. SunTrust Brank led the financing committing $50 million and AloStar joining as “first participant” with an additional $20 million. According to Credibly, the terms of the agreement… Read More
Credibly, an online direct lending platform has announced a new partnership with BodeTree, a cloud-based service that provides access to combined financial accounts and cash flow trends in a single location. Simultaneously, Credibly shared it had surpassed $200 million in lending to over 4500 small… Read More
Credibly has signed an agreement with a syndicate of banks to help expand their loan products. Credibly is the reincarnation of RetailCapital, a company that is an emerging FinTech portal that uses big data to provide a better lending experience. Credibly is another entrant in the… Read More
RetailCapital has announced the appointment of Tina Chan Reich as the new Chief Data Scientist and Risk Officer. RetailCapital is a new direct lending platform that utilizes data science and analytics to improve the lending process. According to the company, Reich’s responsibilities will include developing and… Read More
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