Romeo Power Won’t Break the Heart of Speculative Investors

Published on August 17, 2021

Shares of Romeo Power (NYSE: RMO) dropped over 11% after the company delivered a disappointing earnings report. The company was already projecting slo...

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Bankruptcy Lending Is Very Profitable

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Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers

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Branch, which has built a flexible workforce payments platform, announced today it has raised $48 million in Series B funding and closed on a $500 million credit facility.Lee Fixel’s Addition — which has also backed the likes of Flipkart, Stripe and Coinbase — led the equity financing while the credit facility was secured in the form of purchased assets from funds managed by Neuberger Berman.Drive