Prosper Marketplace, Funding Circle, and Oportun IPOs could fuel Specialty Finance's Next Leg Up
M2 - Mon May 04, 7:40AM CDT
Specialty Finance is already one of 2015's top 3 performing industries, but recent moves by Prosper Marketplace, Funding Circle and Oportun could fuel the sector's next leg up, as the three are positioning to be the next billion dollar IPOs in the space. Actually, Prosper Marketplace's $165 million funding probably place the company valued closer to $2Billion, placing it between Lending Club's (NYSE: LC) and On Deck Capital's (NASDAQ: ONDK) respective $7 billion and $1 billion market caps.
NEWS: 10.53 (-0.09), LC: 17.36 (+0.15), ONDK: 16.73 (+0.88), CACC: 229.50 (-0.74), FCFS: 48.44 (-0.19)
Source Financial, Inc. (OTCQX: SRCF) Announces Completion in Australia of AUD $25 Million Note Issue by Its Subsidiary Moneytech Finance Pty Ltd
Marketwired - Thu Apr 23, 7:25PM CDT
Source Financial, Inc. (OTCQX: SRCF), a provider of trade and receivables finance in Australia, today announced the completion by its wholly owned subsidiary, Moneytech Finance Pty Ltd ("Moneytech"
Open Minded about Closed Offerings
M2 - Tue Apr 21, 8:44AM CDT
Considering that not long ago shareholders would run away the moment that a company announced a secondary offering, it's great to see that the greater investing public is often embracing this key expansionary tool. The standard operating procedure was to employ a static valuation model, based on the dilution compared to the company's current earnings. However, many investors are now also factoring in the company's reasonable future earnings potential into the equity valuation model.
ESPR: 109.79 (+3.26), CACC: 229.50 (-0.74), FISI: 23.81 (+0.55), BXMT: 30.50 (+0.02), VLTC: 8.32 (-0.10)
Two Leading Divorce Financial Practices Tie the Knot
Business Wire - Tue Mar 31, 9:00AM CDT
Source Financial Advisors today announced that Justin A. Reckers of Pacific Divorce Management, a leading San Diego divorce financial practice, is merging his separate advisory practice into Source Financial Advisors. Mr. Reckers will become Managing Partner of Source's San Diego branch.
OTC Markets Group Welcomes Source Financial to OTCQX®
PR Newswire - Thu Jan 08, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Source Financial, Inc. (OTCQX: SRCF), an international technology-driven financial services company, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
Source Financial Files Registration Statement
GlobeNewswire - Tue Jun 24, 7:07AM CDT
Source Financial, Inc. (OTCQB:SRCF) ("Source" or the "Company"