PYMNTS
JANUARY 7, 2021
7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S.
PYMNTS
JULY 22, 2019
has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. Stifel offers senior secured loans up to $40 million for working capital and growth capital needs. Stifel Financial Corp.
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Bank Innovation
SEPTEMBER 12, 2019
Patriot Financial Partners led the funding round, with Venrock, FINTOP Capital and Hyperplane participating. The Boston-based startup, which offers software designed to help banks find new corporate clients, pulls from […].
PYMNTS
AUGUST 20, 2020
What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.
PYMNTS
AUGUST 12, 2016
Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Online Lending. After a one-week hiatus, Lending Club finds its way back onto the Fizzle list.
PYMNTS
JUNE 27, 2019
At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. Localizing Capital.
PYMNTS
MARCH 17, 2017
With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Lending, Lending Everywhere, With Quite a Lot to Think. That includes lending, and, in one panel discussion, loans themselves came under the microscope. Til next year — perhaps by then spring will finally come to Boston.
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