Virtu completes incremental $525 million term loan LeapRate

October 10, 2019 BY Valentina Kirilova

Virtu completes incremental $525 million term loan

Virtu Financial, Inc. (NASDAQ:VIRT) has announced that its subsidiaries have just closed their incremental $525 million senior secured first lien term loan. Virtu is a provider of financial services and products that leverages technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products. The Term Loan bears…

August 09, 2019 BY Mariela Naydenova

German engineering giant secures a EUR 750m "sustainable" loan through blockchain

Blockchain has conquered it all, there is no doubt about this. The technology has been used in multiple sectors and industries, especially in the financial world. Now, one of the world's giants in mechanics and engineering, Dürr AG, has managed to secure a loan of EUR 750m on a "sustainable base" through blockchain. The information…

August 02, 2019 BY Mariela Naydenova

Spending the value of your crypto without spending the actual coin - by Nexo

Spending your cryptocurrencies is one of the goals of many companies. Startups around the world think of innovative solutions on how to allow investors to actually spend their digital coins. One financial startup, however, is doing a different thing. Nexo, Arrington XRP capital-backed company, revealed a special debit crypto card with a line of credit…

TechFinancials converts loan into Footies

July 15, 2019 BY Valentina Kirilova

TechFinancials continues to support the Footies venture

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has provided an update on progress in the Company's 75% owned subsidiary, Footies Ltd. LeapRate reminds that October last year, TechFinancials entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, to establish a new company…

May 28, 2015 BY Andrew Saks-McLeod

FXCM Hong Kong to be sold to Rakuten Securities

The imminent sale of FXCM's Hong Kong operations to Japanese giant Rakuten Securities is " is another positive step towards FXCM completing its plan to sell non-core assets and repay the Leucadia loan" says Drew Niv, CEO of FXCM

May 02, 2014 BY Andrew Saks-McLeod

LCG heads out of the wilderness as it gears up for £15 million loan note from prominent investor in trading platforms

LCG heads out of the wilderness as it gears up for £15 million loan note from prominent investor in trading platforms London Capital Group (LON:LCG) has announced today that it is planning a placing of convertible loan notes of approximately £15 million. This placing will be subscribed for in full or in large part by GLIO Holdings…

Tag: loan