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Why The Goldman-Amazon Bet On SMB Lending Is No Sure Thing

PYMNTS

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Amazon Lending. Amazon SMB Lending.

Cards 101
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demoing first with apple watch. Is this the first time we have seen an apple watch as apart of a demo today? What’s the market strategy? BLEND stands for better lending. Peer lending meets machine learning, with LendingRobot. LendingRobot connects to Lending Club and other existing peer lending platforms.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. Can also use fingerprint ID and are now showing an Apple Watch app using voice for an account balance which is cool. Average return of 13% per year. Very fast and cool.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Command center for small business lending. This triggers activity and lending platform. First product is small business lending using machine learning. Folks, the mortgage lending industry is at least 7 years behind the rest of the financial industry because of the great recession. Michael is approved.

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