Funding and Investment

Funding and Investment

Funding and Investment News from Mortgage & Finance News magazine

Funding and Investment

Funding and Investment
Funding and Investment News from Mortgage & Finance News magazine

News: Financial Research Firm Reveals New FLEX-10 Index to Track Performance of the Market’s Top Ten Stocks

Mortgage and Finance News: (BALTIMORE, Md.) Charles Street Research (CSR), a financial research and publishing think tank based in Baltimore, Maryland, recently revealed a brand new performance index for one of their top research services.

News: Command Investigations Recapitalizes to Continue Growth Trajectory

Mortgage and Finance News: (LAKE MARY, Fla.) Command Investigations ("Command") and Monument MicroCap Partners, LLC ("Monument") announce that they have completed a recapitalization transaction that will allow Command to venture into the next aspect of its growth phase and solidify itself as the premier investigative service provider in the United States.

News: A New Light in Fort Collins – Brightscape Investments Integrity, Truth, and Trust

Mortgage and Finance News: (FORT COLLINS, Colo.) Brightscape Investments (Brightscape Investment Centers) was founded by Eric Weiss, a Certified Financial Planner(tm) professional, who saw clients' best interests not being served while working at a large financial institution. This experience motivated Eric to start a company that put the client's interest first.

News: Loan Stop now offering Short-term Installment Loans for Colorado and Wyoming with Ability to Apply Online

Mortgage and Finance News: (DENVER, Colo.) We all have unexpected expenses. But for the many of us who are living paycheck to paycheck, those unexpected expenses can be hard - if not impossible - to afford. Loan Stop, a locally owned and operated Colorado business for the past 20 years, has expanded their services to allow customers to apply online or even from a mobile device easily and quickly.

News: National Lending Industry Leaders, Residential Capital Partners and 2020 REI Group, Join Forces

Mortgage and Finance News: (DALLAS, Texas) Residential Capital Partners is pleased to announce the acquisition of 3L Finance. As a part of the acquisition, Residential Capital Partners is pleased to be the national hard money and rental finance lending partner to 2020 REI Group.

News: Totle Launches Equity Crowdfunding Campaign on Republic

Mortgage and Finance News: (DETROIT, Mich.) Totle, the startup powering rapid growth in the world of decentralized finance (DeFi) by providing optimized exchange functionality, today announced their partnership with Republic - a leading crypto and equity investment platform backed by Binance and AngelList that enables anyone to be an angel investor.

News: Taylor Wilshire Receives the 2019 International Business Excellence Award

Mortgage and Finance News: (NEW YORK, N.Y.) Taylor Wilshire, President and CEO of Wilshire Financial and Wilshire Foundation was presented with the International Business Excellence Award in February 2019 in New York, New York, for constructing innovative programs and investments that address chronic environmental, social, and economic challenges in unique and transformative ways.

News: Valentis International Engages OGGI EQUITY, Europe

Mortgage and Finance News: (PITTSBURGH, Pa.) Valentis recently engaged OGGI EQUITY, the European private equity consultancy and financial firm, to consult, advise, and guide Valentis on strategic planning in equity, corporate compliance, stock market goals, European development, and other expansion or focus areas.

News: Klingenstein Fields Wealth Advisors: In Memoriam – Frederick A. Klingenstein

Mortgage and Finance News: (NEW YORK, N.Y.) The Members of Klingenstein Fields Wealth Advisors (KFWA) mourn the passing of Fred Klingenstein, a founding member of the firm and Chairman Emeritus. Together with his brother, John Klingenstein, and colleague, Kenneth H. Fields, Fred established the firm in 1989 to provide investment advice and guidance to high-net-worth individuals and families. Prior to KFWA, Fred was CEO of Wertheim & Company and Co-Chairman of Wertheim-Schroder & Company.

News: Bindable announces an investment round led by EPIC, Motive Partners and Wafra

Mortgage and Finance News: (BOSTON, Mass.) Bindable, an insurance technology company whose goal is to transform the affinity distribution of insurance, today announced an investment from EPIC Holdings, the corporate parent overseeing investments across the entire EPIC platform, including EPIC Insurance Brokers & Consultants, and a Wafra advised fund, in conjunction with Motive Partners, a global private equity firm focused on investing in financial technology companies.

News: Ndex Systems launches a significant breakthrough in consolidating data for reporting to clients on investment, fixed indexed annuity and insurance...

Mortgage and Finance News: (BOSTON, Mass.) Ndex Systems U.S. today announced the launch of a major enhancement in its ability to generate consolidated reports for portfolios that include indexed annuities and insurance accounts. Now financial advisors can generate consolidated reports to include both market-based investment accounts as well as detailed information on annuity and insurance contracts.

News: Cold Chain Capital, LLC launches: Private Equity Firm Focused on Air Conditioning and Refrigeration

Mortgage and Finance News: (SYRACUSE, N.Y.) Cold Chain Capital LLC, a Fayetteville, N.Y.-based private equity firm, announced its launch today. The company focuses on the heating, ventilation, air conditioning and refrigeration industry ("HVACR").

News: Chartered Retirement Planning Counselor shares how to engage your grown kids about preparations for their own retirement

Mortgage and Finance News: (WASHINGTON, D.C.) In his compact new book, "Parent's Guide to Your Child's Retirement: 21 Thought-Provoking Conversations to Have with Your Adult Children" (ISBN: 978-0999641415) Chartered Retirement Planning Counselor(SM) Rodger Alan Friedman, delivers an easy to follow structure that may serve to enable you and your grown children to have positive, engaging and thoughtful conversations regarding their future retirement.

News: Klingenstein Fields Wealth Advisors Ranked in Financial Times 2018 Top 300 Registered Investment Advisers

Mortgage and Finance News: (NEW YORK, N.Y.) KFWA (Klingenstein Fields Wealth Advisors) is pleased to announce it has been named to the 2018 edition of the FT 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S. This is the fifth annual FT 300 list, produced independently by the FT in collaboration with Ignites Research.

News: Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures.

News: Virginia Startup CounterFlow AI closes $2.7M Seed Round

Mortgage and Finance News: (CHARLOTTESVILLE, Va.) Cybersecurity startup CounterFlow AI, Inc. announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders' previous venture, nPulse Technologies (acquired by FireEye in 2014).

News: Neurotech Reports Announces 2018 Investment and Management Conference for Bioelectronic Medicine

Mortgage and Finance News: (NEW YORK, N.Y.) Neurotech Reports, the publisher of Neurotech Business Report newsletter, today announced the launch of the Bioelectronic Medicine Forum, the first investment and management conference for the bioelectronic medicine industry. The inaugural event will take place on March 22, 2018 at the Millennium Broadway Times Square in New York, N.Y.

News: Paragon Insurance Holdings Announces Equity Investment from Edgewood Partners Insurance Center and Oak Hill Capital Partners

Mortgage and Finance News: (AVON, Conn.) Paragon Insurance Holdings, LLC, a national multi-line specialty MGA, announced today that Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have taken an equity stake in the company. The investment from EPIC and Oak Hill will further propel Paragon's organic and M&A growth strategies and create greater opportunity for Paragon's agency, carrier and reinsurance trading partners.

News: Philadelphia Commercial Capital Advisory CEO Discusses the Current State of the Commercial and Multifamily Finance Market

Mortgage and Finance News: (PHILADELPHIA, Pa.) Rittenhouse Capital Advisors is a commercial real estate finance advisor with over 60 years of combined banking experience. Currently in its fourth year of operation, Rittenhouse Capital has increased its loan production volume by a minimum of 30 percent year over year by delivering creative commercial financing solutions for their real estate investor clients.

News: Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

Mortgage and Finance News: (DENVER, Colo.) Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.

News: Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country

Lender Price Opens New $5 – $10 Million Investment Round and Names Jerry L. Halbrook as CEO

Mortgage and Finance News: (PASADENA, Calif.) Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.

Sparkle Coin, Inc. Announces ICO – Initial Coin Offering at 2017 TechCrunch Disrupt SF

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Sparkle Coin, Inc., designed to be the most transactable cryptocurrency available, is launching its initial coin offering (ICO) at 1 p.m. PDT September 20 and running through October 20, 2017 with coins beginning at $5. A LIVE STREAMING event will start at 12 p.m. PDT at TechCrunch SF.

At TechCrunch Disrupt SF 2017: CEO of Sparkle Coin, Inc. Shows New eCommerce-optimized Cryptocurrency

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Sparkle Coin, Inc., founders of Sparkle Coin, a new cryptocurrency that allows users to make purchases from popular online retailers - like Amazon and Walmart - and features a currency exchange for liquidity, will be hosting a "lunch and launch" event during TechCrunch Disrupt SF 2017.

The Wilshire Foundation announces the close of first-round funding for its Conscious Capital Fund, says CEO Taylor Wilshire

Mortgage and Finance News: (NEW YORK, N.Y.) The Wilshire Foundation recently announced the close of first-round funding for its Conscious Capital Fund. The Wilshire Foundation, created by the team at Wilshire Financial including CEO Taylor Wilshire, constructs programs and invests in organizations that address chronic environmental, social, and economic challenges in unique and transformative ways.

Sparkle Coin Inc. Launches Next-Gen Cryptocurrency, Backed by Diamonds

Mortgage and Finance News: (CHICAGO, Ill.) Sparkle Coin, Inc. today introduced its eponymous cryptocurrency, the first of its kind backed by diamonds, as the initial step toward the company's goal of creating more efficient global economic growth to promote societal advancement by developing a platform that brings cryptocurrencies into the mainstream business and consumer markets. SparkleCOIN is a hybrid cryptocurrency possessing the best qualities of both PoW (Proof of Work) and PoS (Proof of Stake).

Oak Hill Capital Partners has agreed to acquire all of The Carlyle Group’s stake in EPIC

Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group's stake, giving Oak Hill a controlling equity position in EPIC. Oak Hill's investment will enable EPIC to continue its aggressive organic growth strategy

DIB Funding, Inc. Announces a Billion Dollar Liquidity Partnership with Digitas Bank to Launch Worldwide Distribution of ‘DIBCOIN’

Mortgage and Finance News: (HOLLYWOOD, Fla.) Today DIB Funding, Inc., the creators of the digital currency known as DIBCOIN, is proud to announce a billion-dollar liquidity partnership with Digitas Bank. This partnership will immediately give present and future DIBCOIN holders the ability to deposit and withdraw DIBCOIN and FIAT currency in a single transaction and with complete financial privacy.

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

Bank of Southern California N.A. Announces $7 Million Capital Offering

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.