Oportun Completes $125 Million Asset-Backed Securitization, Diversifies Access to Capital to Provide Affordable Credit to Hispanics

Oportun Completes $125 Million Asset-Backed Securitization, Diversifies Access to Capital to Provide Affordable Credit to Hispanics

REDWOOD CITY, CA — (Marketwired) — 07/08/15 — Oportun, formerly known as Progreso Financiero, today announced its fourth securitization, an issuance of $125 million of two-year, asset-backed bonds secured by a pool of its installment loans. Oportun is a mission-driven financial services company that uses advanced data analytics and technology to provide small dollar loans to Hispanic borrowers, many of whom have little or no credit history. The bonds, which received investment-grade ratings

Bitnet and Limonetik Allow Merchants and PSPs to Accept Bitcoin

Bitnet and Limonetik Allow Merchants and PSPs to Accept Bitcoin

BELFAST, UNITED KINGDOM and PARIS, FRANCE — (Marketwired) — 07/08/15 — , an enterprise bitcoin payments processor, and , a key player in global digital payments infrastructure and a marketplaces solution provider, today announced a strategic partnership. Through this partnership, merchants will be able to accept bitcoin as a payment method on the Limonetik payment platform, regardless of either which country they are in or where they are targeting their business.Bitcoin is a digital currency