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Corporate Cards Flex Their Rewards Muscles To Support Business Growth

PYMNTS

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Commercial Card, Global Commercial Services, Courtney Kelso in a statement. Neat Debuts Its Visa Card For Small Businesses.

Cards 257
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Funding Lands T&E Firm TripActions $4B Valuation

PYMNTS

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. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108
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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month. Fast and Furious BNPL Action. Leveraging Risk the Right Way.

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SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. The bank will offer no other products and services.”. The bank will offer no other products and services.”.

FDIC 100
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Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability

PYMNTS

Our strategy is working and we are executing with discipline on our mission to help more borrowers improve their financial health, while growing our market opportunity, generating competitive returns for our platform investors, building our resiliency and compounding our competitive advantages,” he said.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Market opportunity. Virtual card issuance. Business lending and corporate cards. TABLE OF CONTENTS. A decade of online payments innovation.

Online 98
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Review Date.

Cards 15