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Advocates urge transparency in Capital One-Discover review

Payments Dive

More than 30 organizations demanded the deal not be subject to expedited federal review and that public hearings be held in the largest lending markets for both Capital One and Discover.

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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. In Canada, one of those alternative players is Thinking Capital.

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Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million.

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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

PayPal’s CEO Dan Schulman recently told CNBC that he’s confident the move to digital currencies is being swiftly adopted and will be permanent, noting “there's no question that people are flocking to digital payments and digital forms of currency.”. To participate, users must lend a minimum of 0.1

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Capital Float Pursues Alt-Lending Collaboration

PYMNTS

5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform. Our alliance with Capital Float is another step toward strengthening our market position,” the executive added. “Our

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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Earlier this year, eBay announced it would be shifting its payment processing needs from PayPal to Adyen. Square Capital is likely to see a significant boost to its financing volumes.

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Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia

PYMNTS

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated.

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