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Raistone Capital launches financial technology hub in New Orleans, will employ 50

Christian Fernsby |
Raistone Capital announced the New York based financial technology firm is expanding to New Orleans with the establishment of an office in the city’s Central Business District.

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Raistone Capital, one of the world’s leading providers of working capital finance, will create 50 jobs over the next five years at its 400 Poydras Tower location.

Raistone Capital will generate a cumulative payroll of $12 million by 2025 through the new direct jobs.

In addition, Louisiana Economic Development estimates the project will result in an additional 44 new indirect jobs, for a total of 94 new jobs in greater New Orleans.

Leveraging technology, Raistone Capital forms a financial bridge by providing immediate working capital to help companies grow and scale their businesses.

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