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Tag: credit facility

Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results

Full year 2023 revenue, net loss and adjusted EBITDAA of $609.5 million, $(32.2) million and $73.0 million, respectively Revenue, net loss and adjusted EBITDA of...

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Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific,...

How A Business Bank Account Can Help Your Small Business in 2024

Running a business isn’t easy, be it small or large scale. There are several things one needs to consider such as clients, relations, managing...

SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital

WESTON, Fla.–(BUSINESS WIRE)–SellersFi, a global, cutting-edge financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for...

Atlendis Labs and Cicada Partners Open First Private Asset-Backed Line of Credit to Fluna

PARIS & BOSTON–(BUSINESS WIRE)–#ABL—Atlendis Labs and Cicada Partners announced the launch of Asset-Backed Lines of Credit (ABLOC) to Fluna, a U.S.-based Trade Finance-focused Fintech....

SumUp Raises over $300M, Defies European Fintech Trend

British payments startup SumUp has raised €285 million ($306.6 million) in a new round of funding led by Sixth Street Growth and Bain Capital Tech Opportunities. Existing...

Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward...

Farmers Edge Announces Increase in Credit Facility

WINNIPEG, Manitoba–(BUSINESS WIRE)–Farmers Edge Inc. (“Farmers Edge” or the “Company”)(TSX: FDGE), a pure-play digital agriculture company, today announced that it has entered into an...

Pivotree Announces Third Quarter and 2023 Results

Fourth consecutive quarter of positive Adjusted EBITDA with continued investment in frictionless products TORONTO–(BUSINESS WIRE)–Pivotree Inc. (TSXV:PVT) (“Pivotree” or the “Company”), a leader in frictionless...

BlockFi Review: Where Did Things Go Wrong?

BlockFi was a cryptocurrency-focused wealth generation platform that offered a suite of products, such as the BlockFi credit card, a BlockFi custodial wallet, and...

Slide Acquires Renewal Rights for Farmers Insurance® Homeowners Policies in Florida

Slide secures renewal rights to cover 86,000 customers previously served by Farmers Insurance TAMPA, Fla.–(BUSINESS WIRE)–Slide Insurance, the full-stack insurtech providing effective homeowners coverage for...

Why Did Most Crypto Interest Accounts Fail in 2022?

A Timeline of How and Why Most Crypto Interest Failed in 2022 Final Thoughts: Why Did Crypto Interest Accounts Fail? ...

Australian Financial Regulator Sues Kraken Subsidiary for Allegedly Violating Margin Trading Regulations – The Daily Hodl

Australia’s financial regulator has launched a civil lawsuit against a subsidiary of the crypto exchange Kraken for allegedly failing to comply with regulations for...

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