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Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

Mastercard Expands Digital Card Program To Include Instant Access, eWallet . Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. Have A Credit Card In Your Purse?

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How Automated Authentication Helps Propel SMB Loan Disbursements

PYMNTS

The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. This importance is especially tangible because many SMBs remain underserved by traditional banks, Kathryn Petralia , co-founder and president of Atlanta, Georgia-based SMB lender Kabbage , explained in a recent interview with PYMNTS. “Of

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Equifax Still Fights To Regain Trust As Q2 Sales Slump

PYMNTS

the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Earlier this month, Equifax also made a key acquisition, buying a firm called DataX , which specializes in credit reporting and data for alternative lending to underbanked consumers. Equifax Inc., a share.

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Former SunTrust employee said to have stolen customer data

Payments Source

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8 Consumers have been banking online for 28 years.

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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

5 million to CUneXus to expand its consumer lending platform. Pindrop Security. HQ: Atlanta, Georgia. Consumer lending platform. SMB lending marketplace. Tags: SMB, institutions, blockchain, security, bitcoing, payments, crypto-currency. . $17 million to Upguard for its cybersecurity technology. HashRabbit.