PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS).

Capital 202

Capital Fintech New York City Security 202

PYMNTS

MAY 29, 2019

Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. When it comes to SMB lending, PayPal has gone global. and global economy. and global economy.

Lending 221

Lending Capital Operations Community 221

PYMNTS

NOVEMBER 30, 2020

Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated. Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement.

Lending 197

Lending Groups Capital Security 197

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers.

Capital 109

Capital Company Lending Innovation 109

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million.

Capital 199

Capital Payments Software Fintech 199

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. Capital Float had provided 500,000 clients with $1.2 Capital Float had provided 500,000 clients with $1.2 The Roadmap To Adopting Video-Based KYC.

Video 175

Video Capital Lending Security 175

PYMNTS

NOVEMBER 8, 2018

PayPal Working Capital will launch in Germany as PayPal Businesskredit, offering small and medium-sized businesses access to working capital financing that is deposited directly into their PayPal accounts. ” German SMBs can apply for the working capital from PayPal online via their existing PayPal accounts. and Australia.

Capital 194

Capital Lending Operations Online 194

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Risk Management 221

Risk Management Lending Policies Management 221

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. You can’t develop lending expertise overnight. Why is that?

How To 195

How To Strategy Capital Lending 195

PYMNTS

MARCH 6, 2020

Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. Its LPs include commercial and investment banks, family offices, insurance companies, university endowments and others.

Capital 141

Capital Fintech Meeting Washington 141

PYMNTS

SEPTEMBER 8, 2017

The companies range from product life cycle management solutions to those that help other SaaS firms retain clients. Based in Sweden, Apica provides Software-as-a-Service that helps companies test and monitor the performance of their own software applications. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Get details in "A guide to implementing credit policy."

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

OCTOBER 20, 2020

Zest AI , which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence. Zest contends that its fair lending software can significantly boost loan approvals while also reducing the level of risk. Zest on Tuesday (Oct.

Software 130

Software Lending Los Angeles Apple 130

PYMNTS

NOVEMBER 26, 2019

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. This is the digital bank’s fourth acquisition of a working capital loan portfolio. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud.

Capital 130

Capital Fort Worth Dallas Lending 130

PYMNTS

APRIL 11, 2017

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 The company said the funds were provided by Mahindra and Mahindra Financial Services and raised against non-convertible debentures (NCD). The company has secured significant venture capital, too. million through this route.

Capital 122

Capital Lending Security Report 122

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. While investors are increasingly cautious and focused on an investment's potential for downturn protection, investment capital remains abundant. The Mortgage Bankers Association expects 9% growth in CRE originations in 2020.

Lending 195

Lending Trends FDIC Survey 195

Abrigo

NOVEMBER 6, 2019

Small Business Loans | 5 minute read Key Takeaways Credit unions' small business loans hit a record low, while small business lending continues to remain strong at big banks and community banks. Going digital can help reduce the cost of small business lending and capture more member business loans. Talk to an expert.

Lending 150

Lending How To Community Community Bank 150

PYMNTS

JANUARY 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

Capital 134

Capital Leadership Customer Experience Lending 134

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

PYMNTS

APRIL 24, 2018

Months after reports surfaced that Amazon was considering an investment in the company, alternative lending platform Capital Float revealed it secured $22 million in funding led by the eCommerce giant. Past investors in the company include SAIF Partners, Ribbit Capital and Sequoia India.

Capital 108

Capital Lending Report Management 108

PYMNTS

MAY 11, 2020

Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

Capital 141

Capital Mobile User Experience Groups 141

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? SR 11-7, issued by the Federal Reserve and OCC in 2011, is the supervisory guidance on model risk management.

Risk Management 195

Risk Management Management Regulation Analysis 195

PYMNTS

JUNE 16, 2020

Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. In an age where U.S.

Company 214

Company US Policies Course 214

Abrigo

AUGUST 2, 2023

Takeaway 3 Financial institution management can focus on mitigating risk and understanding portfolio dynamics when the analysis is streamlined. This article outlines a structured approach to ensuring management can confidently answer inquiries about the health of their CRE segments and related credit performance. Truist Financial Corp.

Report 195

Report Risk Management Lending Analysis 195

PYMNTS

APRIL 25, 2018

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. Capital One reported net income up 71 percent to $1.3 By The Numbers . billion from a year earlier.

Capital 100

Capital Lending Cards Taxes 100

PYMNTS

JULY 29, 2019

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

California 108

California Management Sacramento Regional 108

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model.

Lending 109

Lending Leadership Community Software 109

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

PYMNTS

APRIL 8, 2019

the latest evidence has suggested that entrepreneurs are holding onto their financial confidence — though it may be changing the ways they manage company cash. Sixty-six percent of small businesses have maintained their business outlook, despite stock market fluctuations , Capital One’s Small Business Growth Index found.

Management 129

Management Strategy Survey Capital 129

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. In New Delhi, Awfis, focused on the co-working space in India, said this past week that it raised $30 million in a financing round designed to help the company expand in India.

Lending 116

Lending Capital Fintech Florida 116

PYMNTS

AUGUST 22, 2018

Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut. Reports in The Times of India said the AltFin player reached a deal to acquire the personal finance management app for $30 million in cash and stock.

Capital 100

Capital Lending US Management 100

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. The business will target early stage startups through mature growth companies, with a focus on the technology, healthcare, and life sciences industries.

Lending 100

Lending United States Boston Capital 100