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Corporate Lending Platform Market worth $11.0 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, March 4, 2024

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.

Key Points:

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.
The commercial lending sector within the Corporate Lending Platform Market encompasses a diverse range of financial services provided to businesses and corporations.
Digital transformation plays a crucial role in driving the Corporate Lending Platform Market in the MEA region.
Corporate Lending Platform Market Advantages:
Corporate lending platforms automate processes including loan origination, underwriting, and servicing to expedite the lending process.

Corporate Lending Platform Market worth $11.0 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, March 4, 2024

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.

Key Points:

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.
The commercial lending sector within the Corporate Lending Platform Market encompasses a diverse range of financial services provided to businesses and corporations.
Digital transformation plays a crucial role in driving the Corporate Lending Platform Market in the MEA region.
Corporate Lending Platform Market Advantages:
Corporate lending platforms automate processes including loan origination, underwriting, and servicing to expedite the lending process.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on:

Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points:

Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
"We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on:

Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points:

Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
"We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

World Alliance of International Financial Centers Leaders Convene in Casablanca for its First Annual General Meeting on the African Continent

Retrieved on:

Wednesday, October 19, 2022

BRUSSELS, Oct. 19, 2022 /PRNewswire/ --Casablanca Finance City (CFC) is hosting the Annual General Meeting (AGM) of the World Alliance of International Financial Centers (WAIFC) in Casablanca from 19-21 October 2022.

Key Points:

BRUSSELS, Oct. 19, 2022 /PRNewswire/ --Casablanca Finance City (CFC) is hosting the Annual General Meeting (AGM) of the World Alliance of International Financial Centers (WAIFC) in Casablanca from 19-21 October 2022.
Delegates will also participate in project meetings, roundtables and institutional meetings before attending Casablanca Sustainable Finance Dialogue.
Commenting on the Annual General Meeting, Jennifer Reynolds , Chair of the WAIFC Board of Directors , stated:
"This Annual General Meeting of WAIFC being my last as Chair is significant for various reasons.
The World Alliance of International Financial Centers (WAIFC) is a non-profit association registered in Belgium, representing 26 leading international financial centers of five continents .

LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON THE PHASE TWO DEVELOPMENT PROGRAM ON ITS SALAR de ARIZARO PROJECT LOCATED IN SALTA PROVINCE, ARGENTINA WHERE FIELD TESTS FROM THE FIRST STEP OUT WELL RETURNED LITHIUM GRADES IN EXCESS OF 340 MG/L

Retrieved on:

Wednesday, September 14, 2022

Industry accepted field sampling was done using the Companys Turbospec lithium analyzer and returned assays of 340 mg/ litre of lithium.

Key Points:

Industry accepted field sampling was done using the Companys Turbospec lithium analyzer and returned assays of 340 mg/ litre of lithium.
Assay results are pending from the laboratory which will ultimately form the basis of an updated NI 43-101 resource report.
The second hole had a thicker halite cap then encountered in the first hole and drilling was suspended at 400 metres.
The third hole, located on the northern extension of the Companys Arizaro claims, is currently at 250 metres.

Alpha Lithium Secures US$30 million Investment from Uranium One with Right to Invest Additional US$185 million at Tolillar Salar, Argentina

Retrieved on:

Monday, November 29, 2021

Alpha has formed a wholly owned subsidiary, Alpha One Lithium B.V. (Alpha One), which will be the sole owner of Alpha Lithium Argentina S.A., which in turn, will own only the Tolillar assets.

Key Points:

Alpha has formed a wholly owned subsidiary, Alpha One Lithium B.V. (Alpha One), which will be the sole owner of Alpha Lithium Argentina S.A., which in turn, will own only the Tolillar assets.
Alpha will retain full control of Tolillar, management, and the board, and will be responsible for deploying the invested capital.
Upon completion of the Feasibility Study, U1 will have the option to acquire an additional 35% of Alpha One for US$185 million.
The Additional Consideration would be payable directly to the Company, which would imply a total value of US$743 million for the Tolillar asset.

Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery

Retrieved on:

Wednesday, September 22, 2021

Micro and small enterprises are important contributors to job creation and global economic development, representing approximately 90% of business and more than 50% of employment worldwide.

Key Points:

Micro and small enterprises are important contributors to job creation and global economic development, representing approximately 90% of business and more than 50% of employment worldwide.
To address the transition to digital, Mastercard - through the Center for Inclusive Growth - today launched Strive, a global initiative focused on strengthening the financial resilience of small businesses and supporting their recovery and growth.
When small businesses thrive our local communities and economies thrive, but when they struggle, the impact is widespread, said Michael Miebach, CEO of Mastercard.
As part of the Strive initiative, global platforms will combine with localized programs to address and respond to the unique challenges and opportunities of the most vulnerable small business populations in regions across the world.

10x1000 Launches “Flex” Fintech Program with Partners Worldwide to Bridge Global Digital Skills Gap and Drive Financial Inclusion

Retrieved on:

Thursday, September 16, 2021

IFC has been a steadfast supporter of digital innovations that foster financial inclusion.

Key Points:

IFC has been a steadfast supporter of digital innovations that foster financial inclusion.
The current committee is composed of global experts from industry, academia, and international financial institutions.
Going forward, 10x1000 will also work with partners and alumni to cultivate a global fintech community, creating a vibrant platform that provides opportunities for willing organizations and individuals to contribute to global financial inclusion.
10x1000 Tech for Inclusion is an open and global fintech training platform that enables learners to become drivers of digital economic growth.

DGAP-News: creditshelf Aktiengesellschaft: AMSTERDAM TRADE BANK INCREASES INVESTMENT VOLUME VIA CREDITSHELF PLATFORM TO EUR 60 MN

Retrieved on:

Friday, July 16, 2021

Corporate finance, Entrepreneurship, SME finance, Amsterdam, Trade Bank, Cities in Europe, Geography of the Netherlands

- Amsterdam Trade Bank expands debt funding on creditshelf platform by EUR 20 mn, now totaling EUR 60 mn

Key Points:

- Amsterdam Trade Bank expands debt funding on creditshelf platform by EUR 20 mn, now totaling EUR 60 mn
Frankfurt am Main, Germany, July 16, 2021 creditshelf Aktiengesellschaft, the leading credit platform for digital SME finance in Germany, and its important financing partner Amsterdam Trade Bank further expand their successful collaboration.
Amsterdam Trade Bank increases the funding volume for SME loans via the creditshelf platform by another EUR 20 mn, totaling Amsterdam Trade's commitment to EUR 60 mn.
Matt Kus, Head of SME Credit Origination at Amsterdam Trade Bank: "So far, we have been very satisfied with the collaboration.
Amsterdam Trade Bank had agreed to invest in loans arranged via creditshelf's platform at the beginning of this year.