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3 Alternative Lending Startups to Watch

Bank Innovation

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.

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UK’s B-North To Launch SMB-Only Banks Next Year

PYMNTS

Although local branches will be given autonomy to make lending decisions, bank officials will analyze data — including social media sentiment towards any borrower. Nobody likes to do things online only,” Jonathan Thompson, CEO and co-founder of B-North, said, according to Growth Business. “We There are 5.6

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A Digital Disbursement Fix To Help SMBs Keep Afloat

PYMNTS

Interest in SMB lending overall has therefore sharpened in recent months as legacy banks, digital-only FinTechs and lenders have moved to close the PPP’s gaps, but quick disbursements still remain a priority for waiting SMBs. How the Pandemic Is Driving SMB Lending Innovation. SMBs across the U.S.

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Fintech Deals to Watch: Back to School

Gonzobanker

Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters). Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

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SMBs Turn To Barter To Ease Uncollected Receivables Burden

PYMNTS

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. The Predatory Lending Trap. Yet they're not all created equal, James explained, and many sources lack a more humane approach to easing the burden of debt.

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B2B FinTechs In Asia Take Top VC Spot

PYMNTS

Take a look at the logistics startup that grabbed more than half of that amount to disrupt India’s logistics space and which other industries secured VC financing — including alt lending, software-as-a-service (SaaS) and eProcurement. Alt Lending. Newid Capital and angel investors also participated, reports said. eProcurement.

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