LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan facility upon funding, using it for general corporate purposes that may include the repayment of...
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors of his innocence in what prosecutors say is one of the largest financial frauds in...
Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According to a Bloomberg News report Tuesday (Nov. 22), Apollo and Hamilton Lane are launching investment operations via a platform on...
Today in B2B payments, Apollo.io raises $110 million for hiring more staff and Sary acquires Egyptian B2B platform Mowarrid to expand into Africa. Plus, no business is too small to start its digitization journey and cross-border B2B payments are becoming increasingly important to annual sales...
May 27, 2024
Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later (BNPL) for their insurance premiums. The company’s new subsidiary, FinShore, provides a fully embedded BNPL option to more than 100,000 Canadians who are insured with […]
March 27, 2024
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan...
October 31, 2023
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors...
November 22, 2022
Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According to a Bloomberg News report...