Remove Capital Remove Leadership Remove Online Remove Risk Management
article thumbnail

Biz2Credit Raises $52M In Funding To Expand

PYMNTS

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

Lending 122
article thumbnail

How to Win Small Business Loans This Year

Abrigo

The ABA stated in its October 2021 State of Digital Lending report that “baby boomers, who until 2020 lagged in digital adoption, upped their online game, with 68 percent skipping human interaction to make a decision about banking products, up from 55 percent before the pandemic.” Lending & Credit Risk. Portfolio Risk & CECL.

How To 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. announced a $10 million Series A round, with venture capital provided by Sierra Ventures and existing backers Revolution Ventures, KGC Capital and Tom Williams. said this week. ZenBusiness.

Payments 149
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Paul Murphy, founder of Murphy & Co.

Fintech 194
article thumbnail

Wake up: Your bank is not efficient

Gonzobanker

To reach the efficiency levels of a next generation bank, leadership needs to set more ambitious targets for employee and staff dollar productivity. The plain truth is that banking has too many high paid managers who would struggle to justify what they do productively with their 2,000 hours of work time per year.

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued.