FinWise Bancorp Announces Additional 10% Ownership Stake In Business Funding Group
Portfolio Pulse from Benzinga Newsdesk
FinWise Bancorp has announced that it has acquired an additional 10% ownership stake in Business Funding Group.
July 27, 2023 | 8:57 pm
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POSITIVE IMPACT
FinWise Bancorp's acquisition of an additional 10% stake in Business Funding Group could potentially increase its revenue and profitability.
FinWise Bancorp's increased stake in Business Funding Group could lead to higher revenue and profitability if the latter performs well. This could potentially increase the value of FINW's shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100