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Cornerstone Financing secures $285 million financing from Aquiline and Nomura to expand CHEIFS
Oct 29, 2024
Contract Type
partnership
CardiffFinancial ServicesFinanceLendingBankingDescription
Cornerstone Financing has secured $285 million in financing from global finance investment firms Aquiline Capital Partners LP and Nomura to support the expansion of their transformational funding solution, CHEIFS. This solution allows homeowners to sell a fraction of their home for cash to fund insurance, annuities, long-term care, and other financial and life planning options.
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Agreement Insights
What this usually meansStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Cornerstone Finance Group signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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