Financing

The acquisition will help South Plains Financial to strengthen its presence in Texas with 26 branches and 13 mortgage production offices South Plains Financial (SPFI) has agreed to acquire West Texas State Bank (WTSB) in a deal valued at around...

Comdata, a FLEETCOR company, highlighted its recent acquisition of SOLE Financial, a payroll card provider enabling instant, affordable wage access for workers. Originally announced, the acquisition will extend Comdata’s industry leadership in payments by expanding the addressable market for its...

Premier Financial Bancorp through its subsidiary Citizens Deposit Bank and Trust has agreed to acquire The First National Bank of Jackson, the wholly-owned subsidiary of The First National Holding Company of Jackson, for $14.8m (£11.8m). As part of the agreement,...

The UK’s Financial Conduct Authority (FCA) has proposed a ban on the sale of crypto-derivatives to retail consumers saying that the products are ill-suited. In this regard, the FCA has proposed rules to address harm to retail consumers resulting from...

LBC Credit Partners , a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of MPL Holdings, LLC ("MPL" or the "Company") by Wynnchurch Capital, LLC. LBC served as Sole Lender...

JPMorgan Chase & Co is set to acquire US healthcare payments company InstaMed for an undisclosed price, in a move to provide end-to-end healthcare payments solutions. The financial services giant said that the acquisition of InstaMed will grow its suite...

Major lenders took part in the investment round in the fintech, which is building the "financial industry's operating system" to help banks modernise legacy IT systems Wells Fargo and Barclays have led a $17m (£13.3m) investment into New York fintech...