HighTechLending’s Paul Fiore on growing beyond reverse mortgages

Fidelis Capital added its 13th partner in July. The move is part of a team-building process, through which co-founder and CEO Rick Simonetti said Fidelis gains large, wirehouse capabilities with a boutique touch. The reference to bank-based wealth management is not a throwaway line for Simonetti or his other partners. The nearly $3 billion registered…

Instacart’s advertising business is already one of the largest in retail media. The company generated more than $1 billion in ads and other revenue in 2025, reaching nearly 100,000 stores across more than 2,200 retail banners, Instacart said a May press release. Its existing formats already prove sponsored content can pull shoppers toward brands they…

A mortgage vendor is suing one of its former executives for starting a competing company while employed and soliciting some of its bigger-name customers. Processing Content New Jersey-based Flatworld Mortgage Solutions sued Rajeev Kumar last week in a federal court, accusing its former executive vice president of breaching various employment agreements. Kumar, who claims he…

Most investors may not realize it, but venture capital funds, private equity firms, and investment banks are not the only institutions that buy stocks or support start-ups. Corporations can also buy stocks on the open market, and, from time to time, they make strategic investments in private companies. At the close of Nvidia‘s (NVDA -0.03%)…

Staller Associates is on the hunt for tax breaks for a Port Jefferson Station project that’s been stuck in the mud for several years. The Long Island-based developer applied for up to $7 million in sales and mortgage tax exemptions for its redevelopment of Port Jefferson Plaza, Newsday reported. Staller is also seeking 25 years…

For Atal Pension Yojana (APY) subscribers, turning 60 is not the only point at which the account can be closed.   The pension scheme allows an exit before 60, but the conditions and payout are very different from what a subscriber gets on completing the scheme’s tenure.   APY, administered by the Pension Fund Regulatory…