New Financing Reduces Interest Expense, Removes Cumbersome Covenants, and Increases Operating FlexibilityCHARLOTTE, N.C., Aug. 22, 2025 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced the successful closing of a $475 million credit facility, consisting of a new $400 million five-year Term Loan B and a $75 million revolving credit facility. The financing replaces the company's existing Term Loan B due 2028 and its loan agreement wi ...

Core Insights - Solowin Holdings has officially launched its Dubai Operations Center and is applying for a Category 3C asset management license from the Dubai International Financial Centre (DIFC) [1][2] - The company has entered a strategic collaboration with CITIC Construction to develop financial technology infrastructure in Saudi Arabia, indicating its commitment to expanding compliant financial services in the Middle East [1][2] - Solowin has signed a memorandum of understanding (MOU) with a local UAE enterprise to enhance its penetration into the local financial services market [2] Company Expansion - The Dubai Operations Center is positioned as a key component of Solowin's global compliance network, aiming to integrate Saudi-based infrastructure resources [3] - The initial services will focus on institutional clients seeking Sharia-compliant products, including structured products supported by real-world assets (RWA) [3] - The selection of DIFC as the Middle Eastern hub is due to its regulatory advantages, particularly the mutual recognition framework with Hong Kong's Securities and Futures Commission (SFC) [2] Strategic Positioning - Solowin aims to strengthen capital and asset connectivity between the Middle East and Asia, providing regional investors with access to compliant digital asset management and tokenized products [2] - The company operates a full-spectrum ecosystem that bridges traditional and decentralized finance, leveraging its existing global regulatory licenses [4] - Solowin's services include compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions, reinforcing its role in reshaping global finance [4]

COLUMBUS, Ohio, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced that its previously announced cash tender offers (the “Tender Offers”) described in the Offer to Purchase, dated July 24, 2025 (as amended, the “Offer to Purchase”) expired at 5:00 p.m., New York City time, on August 21, 2025 (the “Expiration Date”). The following table sets forth the total aggregate principal amount of the Company’s 9.750% Senior Notes due 2029 (the “2 ...

Turkey’s first commission-free trading platform Midas is now valued at nearly $1 billion following its latest funding round https://t.co/Zb8pGYRJFh ...

RT Marc Shawn Brown (@MarcShawnBrown)🚨 NEW DATA: Robinhood $HOOD has outperformed the S&P 500 by over 30x in the past year.Crypto stocks are eating TradFi alive. https://t.co/UwTdGK8KSU ...

Stablecoin Initiative - Ripple and SBI Holdings are set to introduce Ripple's dollar-backed stablecoin RLUSD in Japan via SBI VC Trade in Q1 2026 [1] - RLUSD, launched in late 2024, possesses a market capitalization of $666 million, backed by U S dollar deposits, Treasuries, and cash equivalents [1] - SBI VC Trade, operating under Japan's regulatory framework for electronic payment instruments, will manage the RLUSD rollout [1] - The initiative aims to bridge traditional finance and blockchain markets [2] Strategic Partnership & Regulatory Landscape - The collaboration deepens Ripple's two-decade alliance with SBI, coinciding with Japan's updated digital asset regulations [2] - CEO Tomohiko Kondo views the move as a significant advancement in the reliability and convenience of stablecoins within the Japanese market [2] - Ripple's Jack McDonald emphasizes the partnership's focus on delivering compliance, reliability, and institutional-grade trust in stablecoins [2] Future Plans - SBI is also planning a Bitcoin and XRP ETF, pending regulatory approval [3]

Core Insights - The company has achieved an organic increase in operating profit for the fifth consecutive quarter, with EBITA rising by 38.4% and net sales increasing by 10.8% compared to the same quarter last year [1][2]. Financial Summary - For the period of April to June 2025, net sales reached MSEK 236.5, up from MSEK 213.6, marking a 10.8% organic growth [1][2]. - EBITDA for the same period was MSEK 19.1, an increase of 13.6% from MSEK 16.8 [1][2]. - EBITA rose to MSEK 8.4, reflecting a significant increase of 38.4% compared to MSEK 6.1 [1][2]. - EBIT also saw a substantial increase of 64.0%, reaching MSEK 6.7, up from MSEK 4.1 [1][2]. - Despite the growth in sales and profit margins, profit before tax decreased to MSEK -15.7 from MSEK -9.0, and profit after tax decreased to MSEK -14.9 from MSEK -8.6 [1][2]. Long-term Financing - The company successfully secured long-term financing through a new senior secured bond issue of MSEK 400, which replaced the existing MSEK 350 bond on improved terms [2][1]. Operational Metrics - The average number of employees increased to 414 from 398 year-over-year [1]. - The equity ratio decreased to 16.6% from 26.5% due to the ongoing refinancing process [5]. Adjusted Financial Metrics - Adjusted EBITDA for the second quarter was MSEK 21.8, up from MSEK 19.3, with an adjusted EBITDA margin of 9.2% [1]. - Adjusted EBITA increased to MSEK 11.2 from MSEK 7.2, with an adjusted EBITA margin of 4.7% [1]. Company Overview - Stockwik Förvaltning AB provides a stable platform for small businesses to grow both organically and through acquisitions, offering value-adding products and services to corporate customers [3]. - The company is listed on Nasdaq Stockholm Small Cap under the short name STWK [3].

🚨JUST IN: @RIPPLE AND SBI HOLDINGS TO BRING RLUSD STABLECOIN TO JAPANESE MARKETS VIA SBI VC TRADE IN Q1, 2026 ...

Partnerships & Market Expansion - Ripple 通过其子公司 SBI VC Trade 宣布合作，将于 2026 年第一季度在日本分销 RLUSD 稳定币 [1]

Company Overview - Rogo, based in New York City, is developing a chatbot to assist junior bankers [1] Product Focus - The chatbot aims to automate time-consuming tasks such as number crunching, presentation and spreadsheet preparation, and basic research [1] Target Audience - The chatbot is specifically designed for junior bankers [1]