Tagged: jeffries

Greek Payments Firm Viva Wallet Is Reportedly Planning to Secure €500 Million to Support Digital Banking Business

Greek payments firm Viva Wallet is reportedly planning to secure €500 million in capital to support its virtual banking business, according to Reuters which cited two sources familiar with the matter. As reported, Viva Wallet officially acquired the banking license of Praxia Bank after the… Read More

Fast Growing Figure Reports Completion of First Asset-Backed Securitization on Blockchain, Saves Over 100 BPS

Calling it a turning point for the blockchain sector, Figure has completed the first asset-backed securitization using blockchain. The transaction reportedly saved over 100 basis points thus representing a dramatic cost reduction. In a world populated with thousands of blockchain-focused firms, Figure represents a prominent… Read More

Brief: KRBA Rates Marketplace Loan Trust that Holds OnDeck Loans

Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings on notes issues by Marketplace Loan Trust.  The primary sponsor of the Trust is Jefferies Asset Funding.  The ratings are A(sf) to Class A Notes and BBB(sf) to Class B Notes.  While OnDeck was not the sponsor… Read More

Bond Street Receives $110 Million to Boost Lending to SMEs

Bond Street Marketplace,  a direct lender for small business, has closed an equity / debt financing round in the amount of $110 million led by Spark Capital and Jefferies. New participants include Slow Ventures, Eagle Cliff, Nathan Blecharczyk (Co-Founder of Airbnb), David Chang (Chef and founder of… Read More

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