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-0.000343293829666584 -0.00146273023075318 -0.00222394698349206 -0.0023582793516225 -0.0046717812472014 -0.00641810203289644 -0.0111495865548226 -0.0125824651482133
Stock impact report

Vervent Announces $80 Million Funding Partnership Led by Mesirow Alternative Credit to Expand Consumer Credit Card Programs [Yahoo! Finance]

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Company Research Source: Yahoo! Finance
by Mesirow Alternative Credit, a prominent independent financial services firm. The transaction will provide up to $80 million in funding over the next 12 months to support the origination of unsecured credit cards across Vervent's portfolio. The strategic partnership will fuel expansion of Vervent's Revvi, Total Visa, First Access, and Total Select credit card programs, extending access to credit for underserved consumers seeking quality unsecured credit card options. "Mesirow is pleased to continue supporting Vervent's efforts to deliver high-quality non-prime credit card programs," said Tim Reimink , Head of Asset Management at Mesirow Alternative Credit. "This partnership provides our investors with meaningful exposure to a compelling consumer credit opportunity." "We are excited for this partnership which allows us to continue meeting the growing demand for full-service credit cards among non-prime consumers," said Joseph Noe , President of Vervent Card. "This strategic rel Show less Read more
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