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Home ยป Fintech Company Stream Innovations, Inc. secures $ 400 million in Goldman Sachs warehouse
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Fintech Company Stream Innovations, Inc. secures $ 400 million in Goldman Sachs warehouse

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The company moves its headquarters in Conhohocken, Pennsylvania

Conhohocken, Pennsylvania, June 13, 2024– (Business thread) –Stream Innovations Inc. (“Stream”), a financial technology company based in the United States which provides financing for points of sale for the improvement of the house and the solar installations, closed a warehouse installation of $ 400 million in Goldman Sachs Bank USA. This installation will be used to expand the Stream Renovation Repelment portfolio.

The main stream merchant partner is the reshaping of the power house (“power”), the largest exterior exterior to full service, specialized in efficient external improvements. Stream currently has $ 670 million in management loans and plans to carry out more than $ 800 million in high -quality renovation loans in 2024.

“The flow focuses on the financing of domicile renovation projects related to sustainability. It combines the best original technology and the original processes with an empathetic service approach, offering confidence in the quality of the loans we Let us subscribe and services, “said PJ Singh, CEO of Stream. “Funding for this size of one of the main financial companies in the world is not only the validation of our vision and our work to date, but also a substantial advantage to come remarkably early in the history of our business which will feed growth and innovation for the years to come. “

In addition, Stream has evolved its name and location. Originally appointed “Stream Financial”, the company updated it to “Stream Innovations, Inc.” To take into account its stack of differentiation technology and its greater reflection. He also moved to a new office space in Conhohocken, Pennsylvania, by creating the company for an increase in staff by a multiple of five, and by providing a centralization location with easy access to Philadelphia, at the airport international and in surrounding places.

About Stream Innovations Innovations Inc.

Stream Innovations Inc. is a leading financial technology company focused on the supply of points of sale financing solutions for the home improvement industry. Founded in 2020, the firm has its headquarters in Conhohocken, Pennsylvania and business in the United States.

Show the source version on businesswire.com: https://www.businesswire.com/news/home/20240611972136/en/

Contacts

Stream Innovations, Inc.
pr@streamfinancial.com
610-922-1070

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