Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. If a business secured a PPP loan, it is still eligible to apply for an MSLP loan; however, MSLP loans are not forgivable. While this is a promising sign, 13.3%

Maine 195

Maine Lending Regulation Resources 195

PYMNTS

NOVEMBER 4, 2020

4), Wang Wenbin, China’s foreign ministry spokesman, said the decision to suspend the Ant Group IPO was made to “better maintain the stability of the capital markets and to protect investors’ interests,” the Financial Times reported. Chinese regulators are also growing concerned about the breakneck growth of Ant Group’s lending business.

Lending 240

Lending Groups Regulation Marketing 240

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. In the past, the startup was supported by P2P lending and institutional capital. Last year Insight Investment supported the digital lender with a 1.5

Lending 258

Lending Customer Experience US Capital 258

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

MARCH 23, 2020

Peer-to-peer (P2P) lending platforms in the U.K. are asking the government for help to continue lending after the coronavirus has ravaged markets around the world, according to a report by the Financial Times. RateSetter , has over 800 million pounds ($924 million) on its loan book. million) in loans with the new capital.

Lending 143

Lending Capital Regulation Industry 143

Abrigo

OCTOBER 10, 2023

Are there high capital or technological costs? Industries with high barriers to entry can pose challenges for new businesses but make well-established businesses a more secure investment. Books are easier to buy online than in a store, for example, which may impact your decision to bank a new bookstore.

Analysis 195

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Gonzobanker

DECEMBER 8, 2021

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. Digital Security. . #267 on the list is Thought Machine , a company started only six years ago that recently announced signed core system deals with Chase and Arvest Bank. Fintech investing has gained near sport status. OK, me neither.

Fintech 210

Fintech Los Angeles Lending Analytics 210

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

Abrigo

AUGUST 30, 2022

You might also like this webinar on commercial lending strategy. Typically, financial institutions can get a higher net interest margin opportunity when they book a loan than they can by buying an investment. The lack of alternative options in a rising-rate environment may be a factor when deciding to expand into commercial lending.

Strategy 195

Strategy Lending Risk Management Analysis 195

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

Lending 129

Lending blockchain Capital Software 129

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Investors from IVP, Madrona Venture Group and Meritech Capital all joined the fold, while existing backers CapitalG and Sequoia Capital led the round. Automation Anywhere.

Lending 193

Lending Capital Analytics Fintech 193

PYMNTS

JUNE 10, 2016

are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. Alt-Lending.

US 100

US Capital Lending Security 100

PYMNTS

OCTOBER 3, 2016

TD Bank is looking to capitalize on the retreat of some foreign lenders of U.S. Toronto-Dominion Bank is looking to strengthen its corporate lending in the U.S, and according to a top executive at the bank, the FI will do so by acquiring the outstanding loans on the books of foreign lenders looking to retreat from the U.S.

US 159

US Lending Strategy Report 159

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. We heard about Working Capital and called PayPal,” Lightman said. And they did.

Lending 117

Lending Capital Video Online 117

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

OCTOBER 15, 2019

Seven Korean investors — NH Investment & Securities, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital, as well as existing partners IMM Investment and HB Investment — participated in the round. South Korean startup True Balance announced that it has raised $23 million in a Series C funding round.

Marketing 100

Marketing Fintech Training Capital 100

PYMNTS

NOVEMBER 17, 2019

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more. Roberts has nearly 20 years of banking experience.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. Alt-Lending. But the U.S. But the U.S.

National 100

National Trends Lending Capital 100

PYMNTS

OCTOBER 24, 2019

The company, which specialized in loans against classic cars and paintings, has an outstanding loan book worth about £80 million (more than $103 million USD), with CG Recovery saying it’s too early to know how much money FundingSecure’s 3,500 investors might get back. Despite lending £6.7

Lending 100

Lending Industry Capital Marketing 100

South State Correspondent

JANUARY 22, 2023

We can measure this cost using simple capital market tools (the option to prepay can be approximated with swaption pricing using the volatility surface of forward rates and credit spreads). One of the easiest ways to increase loan profitability is to recognize (not just book) longer credits. years, thereby increasing the ROE by 5.5%

Community Bank 195

Community Bank Community Capital Maine 195

PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. But revisiting management commentary and specific sub-segments of the reported data — specifically Square Capital and Cash App — shed additional light on where merchants see opportunity and challenge right now.

Maine 141

Maine Online Capital Retail 141

PYMNTS

JUNE 15, 2020

The pandemic has seen a flurry of capital raising as firms across all verticals have sought to shore up their balance sheets. By getting cash on the books, there’s the chance to keep going — to continue operating and pay expenses until the horizon is a bit clearer. The airline has also secured $4.5

Strategy 249

Strategy Cards Course Examples 249

PYMNTS

MAY 11, 2018

Also landing on the board this week are alternative lending, expense management, cybersecurity and blockchain players. Alternative Lending. The investment was co-led by Khosla Ventures, Lightspeed and Kramer Capital Partners, the firm said, and brings the total amount raised by At-Bay to $19 million. CCRManager. Blockchain.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 the company provides travel, expense management and rewards for corporates, the latter being a unique offering rewarding businesses for booking cheaper travel.

Fintech 135

Fintech Capital Groups Analytics 135

PYMNTS

JUNE 15, 2018

PYMNTS breaks down the latest B2B startups to secure funding rounds below. million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated. The California firm announced $12 million in Series B funding in a press release this week, noting Tola Capital led the funding. Exotic Solutions.

Analytics 100

Analytics Capital Industry Data 100

PYMNTS

MAY 12, 2017

Fleet-based startups are few and far between, but OnTruck bucked the trend and secured a strong $10 million this week, reports said. The Spanish company’s Series A funding was led by Atomico and Idinvest, while Point Nine Capital, La Famiglia and Samaipata Ventures also participated. based InterNex revealed this week it raised $3.85

Fintech 108

Fintech Capital Report Management 108

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4

Fintech 183

Fintech blockchain Lending Digital Banking 183

Jeff For Banks

DECEMBER 29, 2020

Total return includes two components: capital appreciation and dividends. First Capital, Inc. Silvergate Capital Corporation (NYSE: SI) Here we are. And in terms of bank stock valuation, Silvergate is punching well above its weight at over 4x tangible book value and 58x latest twelve months earnings per share.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

PYMNTS

JANUARY 27, 2017

The expense management solutions offered by Spendesk are just part of the challenge of business trips; the other is the actual booking process, which is what TripActions aims to tackle. The firm announced Tuesday that it secured $14.6 Lighthouse.io. On Thursday (Jan. 26), Australian startup Lighthouse.io

Fintech 100

Fintech Cards Mobile Capital 100

PYMNTS

FEBRUARY 14, 2018

The bank is aiming to get its capital levels to around 10 percent during the next two or three years, noted Reuters. Wells can still lend and take deposits. “It’s never as fast as I would like, but it’s absolutely occurring.” The move is unprecedented, as the Fed has never before placed limits on how large a company can get.

Regulation 100

Regulation Conference Compliance Lending 100

Jeff For Banks

DECEMBER 7, 2019

Total return includes two components: capital appreciation and dividends. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 That's only 9x earnings, and 147% of tangible book. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. FS Bancorp, Inc. NASDAQ: FSBW) FS Bancorp, Inc.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Bankelele

OCTOBER 21, 2015

The total SME lending portfolio in December 2013 was estimated at Kshs. According to Treasury, the scheme was discontinued because “the intention was not for the Government to lend, but to create an incentive for banks to engage with SMEs”. 332 billion, representing 23.4% of all banks’ total loan portfolio. It takes 4.5

Lending 28

Lending Capital Analysis Mobile 28

CB Insights

MARCH 20, 2019

Company Description : China-based Meituan Dianping is an e-commerce platform which offers a range of services, from on-demand delivery to car-hailing to travel booking, and more. China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management.

Company 70

Company San Francisco Capital Software 70

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Fraud 148

Fraud Missouri California Report 148

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

OCTOBER 23, 2017

I will occasionally quote Sun Tzu from his seminal book, The Art of War. His book is a must read at military academies and business schools alike. FFKT Farmers Capital Bank Corporation (the “Company”), Frankfort, KY FFKT is a financial holding company which had four wholly-owned bank subsidiaries at year-end 2016.

Kentucky 66

Kentucky Analysis Capital Lending 66