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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. By Katie Kuehner-Hebert.

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FIS Partners With Liberis For SMB Alt Lending

PYMNTS

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. With the introduction of Working Capital, U.S. The round was led by investment firm FTV Capital.

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing

PYMNTS

Last year, Lendbuzz’s loan origination grew 320 percent, and the company increased its dealership network across the United States to include key markets, including California and Florida. Data shows that more than 43 million foreign born nationals live in the U.S., “This is a significant step forward for Lendbuzz.

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For International Property Buyers, U.S. Presents Stable Investment Opportunities

PYMNTS

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. market for foreign investors. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates.

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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital. Chairman, Montclair Capital Group. The fund additionally announced its plans to raise $10 million by year end.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. Grand Ridge National Bank: The premier league.