The new team seeks to partner with businesses across the continental U.S., and in select foreign territories, to help them meet short-term liquidity needs.
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Money
Kearny Bank expands investment offerings with Cetera
According to Kearny Bank Executive Vice President and Chief Banking Officer Anthony Bilotta, "This relationship will enable us to function as a one-stop-shop for comprehensive investment services."
Read More »JumpStart NJ Angel Network partners with Westchester group
According to the partners, the alliance with the Westchester Angels will increase membership and provide new opportunities for investors and startups with increased deal flow.
Read More »Prudential Foundation surpasses $1B in donations
The organization provides grants to nonprofits to help close the financial divide by creating inclusive workplaces and communities and accelerating economic mobility.
Read More »NJBIZ Conversations: Lara Abrash
The CEO of Deloitte US talks about the firm's DEI efforts, nurturing a corporate culture that sustains that work and her role as a leader in the accounting profession.
Read More »Provident Bank Foundation doles out nearly $450K
Twenty-seven nonprofit organizations will benefit from this year's second giving cycle.
Read More »OceanFirst to acquire Partners Bancorp
The deal, valued at approximately $186 million in the aggregate, will expand the Red Bank-based financial institution's footprint into Delaware, Maryland, Virginia and the Washington, D.C.-metro area.
Read More »Cross River acquires small business software provider Betterfin
“Cross River has always stood apart from the pack by leading in innovation,” the fintech's founder, Eric Griego, said in a statement. “We are excited to join a cutting-edge technology stack and together expand the ability to help business owners at scale.”
Read More »Edison Partners leads $96M growth round for digital payment company
According to Prepaid Technologies, approximately $120 trillion in business payments are still check-based, with service providers fragmented across multiple vendors for payroll, rewards, purchasing and disbursement--representing $80 billion in addressable markets, growing at more than 10% annually and accelerating with the proliferation of smartphones, e-commerce and digitized payments since the onset of the pandemic.
Read More »MoCaFi named to Fortune’s 2021 Impact 20 list
The Newark-based fintech is the only company from New Jersey to make the ranking, which recognizes venture- and private equity-backed startups with a focus on remedying social and environmental issues as part of its business model.
Read More »Bruce-Miller promoted at Spencer Savings Bank
In her new role, Kadean Bruce-Miller is responsible for managing a sizeable and diverse C&I Portfolio within the bank’s C&I Lending Department.
Read More »Unity Bank expands with Centurion Union Center branch
The Union Township Chamber of Commerce and the financial institution joined with business and community leaders to celebrate the new, 1,800-square-foot downtown location.
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