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Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Atlanta-based Gro has […].

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Q2’s Acquisition of Gro Came Through an Investor Introduction

Bank Innovation

The digital banking software provider Q2 Holdings announced yesterday it had acquired Atlanta-based digital sales platform Gro Solutions. This acquisition, the second of the year for Austin, Texas-based Q2, came about through a shared investor, Gro CEO David Eads told Bank Innovation. In 2017, […].

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. Many innovators with great ideas and great potential do not begin with great wealth, so they need a great government partner to support their success.

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Kabbage Scores Another European Bank with Santander UK Deal

Bank Innovation

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

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Top 26 Digital Lenders to U.S. Small Businesses (SMB, May 2021)

Fintech Labs Insights

Naturally, we were excited about it, naming it the biggest innovation of the year. CAN Capital. Lighter Capital. Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. So, the capability has existed for 20 years. Kabbage (AmEx).

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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

Naturally, we were excited about it, naming it the biggest innovation of the year. CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. So, the capability has existed for 20 years. . Kabbage (AmEx). Fundera (NerdWallet).

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