TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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July 30, 2025
Source: Businesswire
VANCOUVER, British Columbia--(BUSINESS WIRE)--CIBC Innovation Banking announced today it is providing growth capital financing to Ripple Operations, the leading Crew Success platform serving the global maritime industry. This financing will support Ripple’s ongoing platform modernization and global growth initiatives – including the Company’s upcoming Crew Success Summit in October.
Ripple Operations has emerged as a modern force in maritime HR and crew management, uniting four legacy businesses under one global platform. Its Crew Success solutions help cruise lines, ferries, and maritime operators manage complex workforce logistics—including scheduling, compliance, and operations—across ship and shore operations.
Ripple is evolving its Crew Success Platform into a next-generation crew operations platform built on a scalable, cloud-optimized architecture. Efforts will focus on modernizing the user experience and improving performance, while enabling modular delivery, mobile access, and deeper integration across the maritime workforce lifecycle.
“As Ripple modernizes the technology behind its Crew Success platform, we’re proud to support their vision for the future of maritime workforce operations,” said Joe Timlin, Managing Director, CIBC Innovation Banking. “The team’s domain expertise, strong customer base, and ambition to scale globally position them well for continued success.”
Today’s announcement reinforces CIBC Innovation Banking’s continued commitment to working with high-growth technology companies across North America.
“We are thrilled to work with CIBC Innovation Banking as we take this next step in Ripple’s evolution,” said Heather Combs, CEO of Ripple Operations. “This financing fuels our efforts to modernize our platform, grow globally, and bring the maritime community together for our 2025 Crew Success Summit this fall. We’re building momentum—and working with CIBC strengthens our trajectory.”
About CIBC Innovation Banking
CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. Innovationbanking.cibc.com
About Ripple Operations
Ripple Operations has rapidly grown into a key technology partner for cruise lines, ferries, and maritime companies around the globe, delivering mission-critical solutions for crew scheduling, compliance, and performance. Backed by Bleecker Street Group, Ripple combines deep maritime expertise with scalable innovation. Learn more at www.rippleoperations.com.
Contacts
Deborah Rowe, deborah.rowe@cibc.com, 416-586-7019
