Financial Backing definition

Financial Backing means either the financial support offered by a User to a Contributor (which can consist of Support or Reward) which can only be accessed by Contributors registering for a Subscription Mode or Percentage Mode Account;
View Source
Financial Backing. In April 2019, Examity received a $90 million investment from Great Hill Partners. Recognizing growth in the space, the firm’s intention was to invest significant capital into a leading online proctoring company. After a substantial due diligence period, evaluating nearly every competitor in the space, Examity was chosen to receive this investment. This is a testament not only to the solution and reputation we have developed since 2013, but also our future growth trajectory and long-term sustainability as a leader in the space. The investment will fuel our continued investment into the people, process, and technology necessary to provide best-in-class online proctoring to PASSHE members.
View Source

Related to Financial Backing

  • Financial Bid means the Initial Offer and Final Offer, containing the Bidder’s Quoted Transmission Charges, as per the format at Annexure – 21 of this RFP;

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Financial aid means loans and/or grants to needy students

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • financial group means a group that consists of a legal person or legal arrangement exercising control and coordinating functions over the rest of the group for the application of group supervision under the Core Principles, and its branches and subsidiaries that are financial institutions as defined in section 27A(6) of the MAS Act or the equivalent financial institutions outside Singapore;