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SMB-Focused Lender Judo Bank Attains Unicorn Status

PYMNTS

Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

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CAN Capital Positions Itself For The Entrepreneur

PYMNTS

According to the most recent CAN Capital Store Front Business Index , powered by PYMNTS, there are 3.4 Each of those businesses is run by an entrepreneur — the latest target of the alternative lending platform. We’ve often asked our customers what services are most important to them, and lending is always near the top of the list.”

Capital 100
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How Digitization Turned Media’s Cash Flow Upside Down

PYMNTS

” FastPay sees this cash management gap as an opportunity to provide working capital loans to players in the industry. “You have fewer areas of dispute when you run a TV ad or buy a page in a magazine, because it’s pretty much binary — you can see it, you can hear it,” he said.

Capital 100
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Bankers: Build Your Own Small Business Loan Platform

Jeff For Banks

Many if not most small businesses are not “bankable”, in the lending sense of the word. The expansion would take him into the red for the next two years and his seed capital, taken from his personal savings and a home equity loan was not enough to fund the expansion. No risk appetite to do early stage business lending?

Lending 60
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Four Finovate Alums Land on Inc. Magazine Top 100

Fintech Labs Insights

Magazine published its annual ranking of private American companies based on three-year revenue growth. Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. Prosper , online P2P lending platform. Magazine Top 100 appeared first on Finovate. Last week, Inc.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

Martin Elliott has more than 18 years of lending strategy and product management experience in banking and financial services. Martin currently leads consumer lending and insurance products at BNZ, one of New Zealand's oldest, largest and most innovative banks. Michal Lodej, group editor, Shard Financial Media.

Meeting 52
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What’s Behind SoftBank’s Tech Investment Moves?

PYMNTS

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. SoftBank Activity.

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