CLOs on the Move

Mercurity

www.mercurity.com

 
Mercurity Fintech Holding is a digital financial services group driven by blockchain technology, aiming to build a global unified asset trading marketplace via asset digitization, so that global assets can have unlimited flows round-the-clock. The group`s business scope covers digital asset trading, asset digitization, cross-border remittance, etc., and it is committed to providing customers with compliant, professional and efficient digital financial services. MFH has been always deeply engaging in the field of digital finance and promoted its deployment in financial strategy. In early March, MFH successfully acquired NBPay, a cross-border remittance platform, and constantly expanded the strategic area of digital ...
  • Number of Employees: 100-250
  • Annual Revenue: $10-50 Million
  • www.mercurity.com
  • 2500 Plaza 5 Unit 2553
    Jersey City, NJ USA 07311
  • Phone: 201.559.8360

Executives

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JGWPT

Since the day we opened our doors, we’ve been providing our customers with affordable, flexible options to respond to life’s changes – providing them peace of mind and the ability to meet their changing needs. Today, JGWPT Holdings Inc. (“JGWPT”) is headquartered in suburban Philadelphia. We focus on key sectors, including structured settlement payment purchasing, annuity payment purchasing, lottery payment purchasing and pre-settlement funding. Our seasoned management team has developed a category-leading marketing, operations, customer service and funding infrastructure that has allowed us to achieve efficiency and economies of scale necessary for stability and future growth. Through J.G. Wentworth and Peachtree Financial Solutions, we have become one of the world’s leading purchasers of deferred payments from illiquid financial assets, such as structured settlements, annuities and lottery receivables. In fact, since 1995, our companies and their predecessors have purchased over $9.1 billion in future payment obligations from our customers. Approximately three times per year, our purchased payment streams are bundled and issued as Fixed-Rate Asset-Backed Notes, which are typically purchased by institutional investors. This is a core strength for JGWPT – and one that establishes a strong foundation for future growth through our relationships with financial institutions and ability to execute financing through committed warehouse lines. We’ve been a leader in the development of current regulatory framework around the purchasing of structured settlement payments. Our work on both federal and state regulation has, over the past decade, provided more clarity and stability to the structured settlement payment transfer process, and we embrace this regulation. Diversified transactions for our customers, a robust financial infrastructure, and leading by example in regulation, are hallmarks of our heritage at JGWPT – and qualities we will carry forward as we continue our positive growth trajectory.