PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. is changing its name following its acquisition by TransUnion, the company said in an announcement. At first, the company will be referred to as ‘TransUnion, formerly Callcredit’ and will then be known as just TransUnion later in 2018. In other U.K.

Capital 100

Capital US Fintech America 100

PYMNTS

APRIL 9, 2020

With the coronavirus pandemic driving demand for financing by small companies, early payment volume is higher by 208 percent month over month per insights from Taulia. Access to extra liquidity enables us to optimize our cash flow to keep the business running smoothly.”. The offering is designed for firms of all sizes.

Capital 150

Capital Payments Survey US 150

PYMNTS

JANUARY 11, 2017

According to a report by Bloomberg , the two are making the move to capitalize on an overhaul of shopping malls. The firm, called Scargo Hill Capital, will provide asset-based loans to consumer-facing companies. There’s plenty of turmoil in the market for us to focus on,” Moser said in an interview with Bloomberg.

Capital 100

Capital Lending Retail Industry 100

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

JUNE 16, 2020

Would-be victims use their wits to outrun hordes of moaning zombies, but a few folks always get caught and disappear in a grisly, lip-smacking, bone-crunching gore-fest. Will so-called “zombie companies” soon do the same to parts of the U.S. But letting companies load up on debt to survive now might have ripple effects later.

Company 130

Company Marketing US Policies 130

TheGuardian

SEPTEMBER 27, 2023

Since the company was founded in 1800 in Rhode Island, the bank has never offered its home loan services at a branch location in a majority-Black or Latino neighborhood throughout the state, including in the state capital of Providence, where the vast majority of the state’s Black and Latino population live. Continue reading.

Rhode Island 68

Rhode Island Lending Washington Community Bank 68

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.

Capital 150

Capital Los Angeles Boston Lending 150

Perficient

MARCH 19, 2021

The largest program announced, dollar-wise, by the Treasury Department was the creation and funding of the Emergency Capital Investment Program (ECIP). In addition to the creation and funding of ECIP, the US Treasury also created two other investment programs that are complementary to ECIP. These are: CDFI Rapid Response Program: a $1.25

Community 309

Community Capital Lending US 309

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. Global Head of PR. finastra.com.

Lending 109

Lending Leadership Community Software 109

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. At present, only about a quarter of Capital Float’s business stems from consumer finance, with the rest coming from small business lending operations.

Capital 100

Capital Lending US Management 100

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

PYMNTS

APRIL 24, 2017

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. We break down the latest on SME lending in these key markets. percent of the company since late last year. “We A dip of 1.1

Lending 100

Lending US Capital Community 100

PYMNTS

APRIL 5, 2019

SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform. This integration brings us a step closer to our goal of transforming the lending sector by providing timely access to small loans through everyday mobile users.”.

Lending 167

Lending Survey Course Community 167

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 26, 2019

In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. The company raised $6.7 Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated. Interestingly, U.S.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

OCTOBER 5, 2020

Nexi , the Italian digital payment company, agreed Sunday (Oct. The transaction will create a company with a combined market capitalization of around 15 billion euros ($17.6 This is not the first mega deal involving FinTech companies. Earlier this year, Wordline SA , the French payment company, paid 7.8

Company 151

Company San Francisco Payments Fintech 151

PYMNTS

JANUARY 20, 2021

Companies in the U.S. One option for these companies is giving the money back, which is favorable as many companies want to start the year off with less debt, FT reported. FT reported that those companies often need the loans. S&P 500 index have built up an additional $1.3 trillion, as well, FT reported.

How To 266

How To US America Report 266

PYMNTS

NOVEMBER 16, 2016

Quick Bridge Financial is revamping its strategy to provide working capital loans to SMEs. 15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. The company offers a platform for SMEs to access short-term working capital financing.

Lending 100

Lending Strategy Capital US 100

PYMNTS

DECEMBER 2, 2019

The funding will be used to grow FinAccel’s credit lending app Kredivo, and develop additional financial services. The company said it has raised more than $200 million in debt and equity in 2019, and has raised $140 million in equity to date.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

JANUARY 6, 2020

The annual survey — a 2019 study that gives insights into small business performance in 2018 — polls companies with under 500 employees and is conducted by the 12 Federal Reserve Banks. Forty-three percent of respondents reported needing small business financing for their companies, compared to 40 percent the previous year.

Survey 130

Survey US Capital Lending 130

PYMNTS

JANUARY 18, 2021

If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Reuters added that the company declined to comment on its plans. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S.

Fintech 198

Fintech US Groups Management 198

PYMNTS

DECEMBER 29, 2019

business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. In commercial real estate lending, the number of CRE loans held at larger banks also began to decline. While there was growth in commercial and industrial loans of 1.6

US 132

US Capital Lending Industry 132

PYMNTS

SEPTEMBER 6, 2019

Today in the payments news roundup, Stripe launched Stripe Capital to simplify the way internet companies can access funds. US Payment Card Market Tops $6T. Stripe Gets Into Lending. Stripe unveiled the rollout of Stripe Capital to simplify the way internet companies can access funds. generated $6.13

Capital 128

Capital Cards Google Payments 128

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. Lendify said the latest funding round will help the company advance its European expansion plans. In 2019, Lendify’s parent company Insikt rebranded under its new name, Aura.

Lending 258

Lending Customer Experience US Capital 258

PYMNTS

JUNE 6, 2018

Alternative lending platform BlueVine has announced its latest investment to the tune of $60 million. A press release issued by the company said Menlo Ventures led the Series E equity funding round for BlueVine, which also saw backing from SVB Capital and other investors.

Lending 131

Lending Capital Fintech US 131

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. and Germany. The division processed more than £320bn in payments in 2017.

Capital 100

Capital Cards Delaware Payments 100

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 94

Policies Lending Capital Study 94

PYMNTS

AUGUST 24, 2018

Small businesses’ use of alternative finance platforms is slowly on the rise. Today, however, Andrew Mallinger, chief operating officer of merchant cash advance platform PIRS Capital , said that entrepreneurs are looking at the MCA in a new light.

Capital 102

Capital US Lending Online 102

PYMNTS

NOVEMBER 28, 2018

With checks still so heavily in play, small businesses must not only wait to receive a check, but banks often enact a holding period that forces a company to wait even longer to see the funds they’ve been paid. The check system creates a financial environment in which a small business has money, but can’t use it.

Lending 168

Lending Payments Cards System 168

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. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

CB Insights

SEPTEMBER 1, 2020

CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. in aggregate funding across nearly 900 deals since 2015, and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

Fintech 101

Fintech Company Lending Capital 101

PYMNTS

MARCH 1, 2019

Credit report company Equifax is extending its partnership with the Small Business Financial Exchange (SBFE), the firm said in a press release Thursday (Feb. Commercial Services SVP and GM Scott Spencer said the company’s SBFE partnership “allows us to best serve our customers by providing the most differentiated data possible.”

Lending 118

Lending Data Security Capital 118

PYMNTS

FEBRUARY 16, 2018

Similar to small businesses, said Albert Periu , middle-market firms struggle to not only gain the capital they need from traditional financiers; they’re also burdened by paper-based manual processes in the application and loan management process. There weren’t many FinTech or digital solutions for this segment.

Lending 101

Lending Marketing Analytics Capital 101

PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Swimming against that tide is China-based P2P lending provider X Financial. The company has also built a proprietary risk-control system that uses behavioral, social and other data to determine the appeal of prospective lenders.

US 166

US Lending New York Cards 166

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. Covered institutions are required to use specific scenarios to conduct the stress tests.

Capital 294

Capital Regulation Exercises United States 294

PYMNTS

JUNE 20, 2017

As PayPal continues to strengthen its position with SMB services, the company’s U.K. unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K.

Capital 108

Capital Innovation Course Tools 108

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing Private companies have been blocked in their path to liquidity by the “going public process”, and SPACs are a replacement, easier path to monetization? despite creating the same outcome of a regulated public company. Let us remind you of the pot.

Capital 52

Capital Fintech US Lending 52