Capital One

HACU and TMCF Partner on Capital One Launchpad: Legacy & Leadership Program

Retrieved on: 
Monday, March 18, 2024

SAN ANTONIO, March 18, 2024 (GLOBE NEWSWIRE) -- The Hispanic Association of Colleges and Universities (HACU) and Thurgood Marshall College Fund (TMCF) have announced they will host the Capital One Launchpad: Legacy & Leadership Program.

Key Points: 
  • SAN ANTONIO, March 18, 2024 (GLOBE NEWSWIRE) -- The Hispanic Association of Colleges and Universities (HACU) and Thurgood Marshall College Fund (TMCF) have announced they will host the Capital One Launchpad: Legacy & Leadership Program.
  • This experience will bring together students from HACU-member Hispanic-Serving Institutions (HSIs), and TMCF Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs).
  • Sophomore, junior, or senior college students who have participated in leadership of campus activities or comparable groups are encouraged to apply.
  • “Our partnership with HACU and TMCF will ultimately allow us to produce long lasting relationships with these HBCUs and HSIs.”
    “We are thrilled to partner with HACU and TMCF on the Capital One Launchpad: Legacy & Leadership Program.

Greystone Real Estate Capital Adds Key Hires to LIHTC Platform

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.
  • “It’s gratifying to grow a team of committed professionals who have such deep experience in affordable housing equity and finance, and we are energized to make an impact on the sector as we develop Greystone’s LIHTC syndication platform,” said Mr. Greg Voyentzie, head of Greystone Real Estate Capital.
  • Mr. Egidi, with over 15 years of affordable housing industry experience, is responsible for asset selection, fund placement, structuring, marketing, and management of institutional investor relationships for Greystone Real Estate Capital.
  • Mr. Gordon, bringing over 12 years of affordable housing experience, provides Credit & Underwriting direction and guidance for all of Greystone Real Estate Capital’s investments.

Santander Names Swati Bhatia Head of Retail Banking and Transformation

Retrieved on: 
Wednesday, March 27, 2024

(“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.

Key Points: 
  • (“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.
  • Bhatia reports to Tim Wennes, Santander Bank CEO and Santander US country head, and to Daniel Barriuso, global head of Retail and Commercial Banking and Group Transformation.
  • “Santander is a respected and innovative global banking leader, and I am excited to be joining the Retail Bank business at this pivotal moment of transformation and growth.
  • Santander’s globally connected technology platforms and depth of digital expertise provides a competitive advantage and positions the business for profitable growth in the U.S. market,” said Swati Bhatia, head of Retail Banking and Transformation in the U.S.

Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections

Retrieved on: 
Monday, March 25, 2024

Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.

Key Points: 
  • Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.
  • “Both pipeline additions, which include over 20 miles of natural gas pipeline, will enable Matador to more effectively gather and transport natural gas production from the 21 Dagger Lake South wells, which are expected to be turned-to-sales in the second quarter of 2024.
  • The natural gas pipeline connection between Pronto Midstream and San Mateo can flow natural gas in either direction to optimize market conditions.
  • These natural gas pipeline connections will assist in the execution of our strategic priorities for our production, including record Matador production in 2024, as our guidance has indicated.”

Pandion Secures $41.5M in Series B Funding, Announces New Executive Team Members to Accelerate the Growth of its Residential Parcel Delivery Network

Retrieved on: 
Thursday, March 21, 2024

Pandion , the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round led by Revolution Growth.

Key Points: 
  • Pandion , the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round led by Revolution Growth.
  • Pandion will use the new funding to accelerate the growth of its residential parcel delivery network, including building new technology offerings, expanding its geographic reach, and increasing delivery speed for customers like Saks Fifth Avenue.
  • As part of the funding, Kristin Gunther, partner at Revolution Growth, will join Pandion’s board of directors.
  • At a time when retailers are diversifying their carrier portfolios and searching for options beyond the parcel duopoly, Pandion can offer a more flexible and responsive shipping network.

Phreesia Announces Fourth Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, March 14, 2024

Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.
  • Fiscal Fourth Quarter Ended January 31, 2024 Highlights
    Total revenue was $95.0 million in the quarter, up 24% year-over-year.
  • Fiscal Year Ended January 31, 2024 Highlights
    Revenue was $356.3 million in fiscal year 2024, up 27% year-over-year.
  • We will hold a conference call on Thursday March 14, 2024, at 5:00 p.m. Eastern Time to review our fiscal fourth quarter and fiscal year 2024 financial results.

Riskified Launches “Auth Rate Enhance” as Part of Chargeback Guarantee to Improve Conversion Rates and Maximize Ecommerce Revenues for Merchants

Retrieved on: 
Tuesday, March 12, 2024

According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.

Key Points: 
  • According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.
  • The impact is massive: false declines were expected to generate a $157B loss ( Nuvei ) for US merchants alone in 2023.
  • Overly low authorization rates can choke conversion rates, in turn stunting ecommerce growth.
  • This empowers merchants to optimize conversions, reduce insult rate, and offload chargeback risk to Riskified based on the needs of their specific business segments.

Chevron, Exxon Mobil, Super Micro Computer and Tesla Among Top Five Shorted Securities in February, Finds Hazeltree Shortside Crowdedness Report

Retrieved on: 
Tuesday, March 12, 2024

The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.

Key Points: 
  • The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.
  • The data is aggregated and anonymized from the contributing Hazeltree community, which includes approximately 700 asset manager funds.
  • Highlights from the February 2024 report include:
    In the large-cap category, Tesla was the most crowded security (99), followed by Chevron (94) and Exxon Mobil (92).
  • Multiple newcomers joined the ranks, including Super Micro Computer (87), Capital One (76), Comcast (76), and Wells Fargo (74).

Houlihan Lokey Expands Healthcare Capital Markets Capabilities With Experienced Hire

Retrieved on: 
Monday, March 11, 2024

Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.

Key Points: 
  • Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.
  • Mr. Shepherd joins following 24 years at Capital One’s Healthcare Banking and Lending unit (formerly GE Capital Healthcare Financial Services prior to its sale to Capital One in 2015), where he most recently served as a Managing Director covering Healthcare Sponsor Finance.
  • Prior to Capital One’s acquisition of GE Capital Healthcare Financial Services, he was a Managing Director there for 10 years, leading investments for GE’s healthcare direct investment practice.
  • “The demand for specialized healthcare capital markets expertise has never been greater, and adding Brent alongside Neha will enable our team to better service our healthcare clients’ expanding needs for capital and advice, as well as will further accelerate the Capital Markets team’s growth in the U.S.”
    “Houlihan Lokey has one of the most experienced and active private Capital Markets teams in financial services,” added Mr. Shepherd.

From FinTech Upstart to 2024 Growth Leader: SuperMoney Celebrated by FT.com

Retrieved on: 
Thursday, April 4, 2024

The ranking was created using a four-step process, whittling a list of more than 30,000 companies down to the 500 winners - SuperMoney ranked #126.

Key Points: 
  • The ranking was created using a four-step process, whittling a list of more than 30,000 companies down to the 500 winners - SuperMoney ranked #126.
  • The accolades adorning SuperMoney's mantle are a testament to its unwavering excellence:
    Consistent Growth: For the third year running, SuperMoney is celebrated on the Inc. 5000 Fastest-Growing List.
  • Technological Vanguard: Securing a place on the Deloitte Technology Fast 500 list for the second successive year, SuperMoney is heralded for pioneering fintech innovation.
  • SuperMoney continues to forge paths that connect individuals with financial tools that simplify, clarify, and enhance their fiscal journeys.