RFA Financial posts record $1.8B in off-balance sheet originations

Ant’s $1.2 Billion Series A The financing supports expansion of its global payments and financial services business and positions the Alibaba-backed fintech unit for a potential future IPO. Participants included Ant Group and Alibaba Group. Parafin’s $300M forward-flow funding agreement Parafin recently surpassed 50,000 funded businesses and inked partnerships with Goldman Sachs, EverBank, First Citizens,…

The Financial Planning Association has launched the latest iteration of its PlannerSearch tool, aiming to transform the venerable static directory into a data-driven lead-generation platform that more effectively matches consumers with CFP professionals. The FPA announced earlier this year that it had entered a multi-year strategic partnership with Snappy Kraken, which has automated the follow-up…

Members of the Kennedy family are outraged after a party for a disgraced businessman was hosted at the main house of the family’s legendary Hyannis Port compound on Cape Cod. The affair in question was a joint birthday bash for former Tyco International CEO Dennis Kozlowski and his wife, Kimberly, billed as “An Evening in Camelot.” The main house of the…

Even if he managed to largely avoid much hardship during the outage, Starratt says that there was a useful reminder for advisors and dealers about redundancy in their technology stacks. “You better have a way that you can continue business. This [outage] was a pretty short one, but imagine if it went a few days,”…

Landlords operating in London’s prime rental markets face a series of regulatory and tax changes before the end of 2024, with compliance requirements spanning property registration, energy performance standards and revised tax structures. The Renters’ Rights Act, which came into force in May, abolished section 21 evictions and converted assured shorthold tenancies into rolling periodic…