Capital Lending New York City Technology 
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). Mailprotector.
PYMNTS
APRIL 26, 2017
Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.
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PYMNTS
SEPTEMBER 4, 2020
The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.
PYMNTS
DECEMBER 15, 2017
By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. SMB Finance.
CFPB Monitor
FEBRUARY 10, 2021
With regard to fair lending enforcement, the letter highlights two developments: The FTC brought one fair lending enforcement action in 2020 in federal court against a New York City car dealer and its general manager. Capital One, N.A. Currently, no information is publicly available about this new group.
PYMNTS
FEBRUARY 7, 2020
According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.
PopularBank
JUNE 1, 2021
Mitchell shared that during this time, Popular Bank strategically leaned into high-touch relationships to better support existing relationships, while also better gauging the integrity of the commercial lending portfolio. Identifying Commercial Real Estate Lending Bright Spots. in Q1 2021, the highest percentage ever on record.
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