Live Oak Ventures Participates in Financing of Synply, Inc.
Live Oak Bancshares, Inc. (LOB)
Last live oak bancshares, inc. earnings: 4/22 04:45 pm
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Source: GlobeNewswire
WILMINGTON, N.C., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Synply Inc., a cloud-based technology company dedicated to transforming the loan syndication process for banks. “Live Oak’s entrepreneurial environment is fertile ground for new and exciting companies like Synply to enter the fintech landscape,” said Stephanie Mann, Live Oak Bank Chief Strategy Officer. “After incubating the Synply platform at Live Oak, we are excited to see the company level the playing field for all banks to compete in the syndicated loan space.” Synply offers banks a simplified tool to centralize the entire process of syndicated lending and portfolio management. “We built Synply because we saw a critical need for a modern and intuitive platform specifically designed for the loan syndication process,” said Corbin Penland, CEO of Synply and former managing director of loan syndications at Live Oak Bank. “Our
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- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its price target lowered by analysts at Truist Financial Co. from $57.00 to $46.00. They now have a "buy" rating on the stock.MarketBeat
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its price target lowered by analysts at Piper Sandler from $50.00 to $44.00. They now have a "neutral" rating on the stock.MarketBeat
- Live Oak Bancshares Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Live Oak Bancshares (LOB) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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