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Car-Sharing Platform Getaround Secures $25M Loan 

PYMNTS

has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . Horizon's investment will help us further accelerate our growth.". Peer-to-peer car-sharing platform Getaround Inc.

Security 168
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Drip Capital Aims To Create Trade Finance Network For Cross Border Buyers, Suppliers

PYMNTS

And enter Drip Capital , the middleman that serves as the financial grease that enables trade to flow, easing concerns of both buyers and suppliers. said Pushkar Mukewar , co-founder and CEO of Drip Capital in a conversation with PYMNTS’ Karen Webster. When you think of any cross-border transaction — let’s say an importer in the U.S.

Capital 259
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Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. investors have placed new funds with U.K.-based and U.S., In 2017, it co-led a $15.2

Security 143
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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

US 227
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Citi Appointed To Service $80B In Assets For Victory Capital

PYMNTS

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. We are confident Citi is the right partner to help us achieve our objectives with this strategic expansion of our business.”. With more than $21.7 With more than $21.7

Capital 115
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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

Meanwhile, with both normal and extended settlement, initial and variation margins flow in and out of the bank as if the cash was on the Transporter that search parties used to go down and return to planets in Star Trek. The front office is screaming down to the Settlement Office, “Operations, we need more capital!”

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Trends Shaping the Insurance Industry in 2024

Perficient

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221