Equipment FinanceLending

ELFA Launches New Funding Source Database in Advance of 2024 Funding Conference

Washington, D.C. – The Equipment Leasing and Finance Association (ELFA) launched a new Funding Source Database to serve industry leaders as a companion tool for the upcoming 2024 Funding Conference, April 16-18 at the Palmer House Hilton in Chicago. The annual Funding Conference connects funding sources with equipment finance organizations …

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Industry TrendsLending

CANADIANS GEARING UP TO RE-ENTER THE HOUSING MARKET DESPITE DECLINING CONFIDENCE IN THE ECONOMY

Less than one-in-ten Canadians believe we’ll avoid a recession in the next 12 months; Nearly half of Canadians think that lawyers and notaries would benefit from incorporating more technology into their services TORONTO, ON–Canadians remain seriously concerned about the state of the economy heading into 2024, but their patience for …

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FinTechLendingTrends

QuadFi’s Borderless Financial Product a first for Global Immigrants to Drive Financial Inclusion

Development of cutting-edge technology helps QuadFi see month-over-month growth of more than 500 percent in credit portfolio TORONTO, ON–Toronto-based fintech company QuadFi, announces a breakthrough in its product offering: a new way to drive financial inclusion for all newcomers. With the development of cutting-edge AI models, QuadFi is empowering newcomers with access to …

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Lending

TerraZero Technologies Provides one of the First Ever ‘Metaverse Mortgages

Financing client’s virtual real estate purchase within the Metaverse, TerraZero’s one of the first ever VANCOUVER, BC– TerraZero Technologies Inc., a vertically integrated Metaverse technology company, announces that it has completed one of the first ever ‘Metaverse Mortgages’ with one of its clients in Ethereum-based Metaverse platform Decentraland (www.decentraland.org). TerraZero …

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LendingPayments

Web Rep rebrands as TransSource

New name reflects the company’s evolution into an industry leading solutions provider in the high-risk merchant transaction processing space SAN JUAN, PR–Kevin Cunningham, president of The Web Rep LLC, an industry leader in payment processing solutions for the world’s premier high-risk merchants, announced the change of its corporate name to …

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LendingMortgages

CMI Financial Group rebrands business operations

New branding reflects firm’s renewed corporate vision as a leading non-bank financial services provider TORONTO, ON–CMI Financial Group (CMI), Canada’s premier private mortgage lender has completed an extensive rebranding of its business groups to better reflect its unique value proposition as a leading provider of turnkey mortgage lending and investment …

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LendingMergers & AcquisitionsPayments

Flexiti to be acquired by CURO, forging a strategic partnership

Combination with CURO secures the capital required by Flexiti to target rapid growth in loan originations within the Canadian marketplace; Flexiti signs agreement to increase credit facilities from $380 million to $500 million TORONTO, ON–Flexiti Financial Inc., Canada’s leading provider of point-of-sale (POS) consumer financing solutions for retailers, announced today it …

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Industry NewsLending

RateHub Moves Into Mortgage Lending

TORONTO, ON–Ratehub Inc. has launched its own Canada Mortgage and Housing Corporation (CMHC) approved lender under CanWise Financial. The move supports Ratehub’s vision of becoming the best digital mortgage company for Canadian consumers. As a lender, Ratehub will have the ability to work with more financial institutions, not just the …

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