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Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. So we built Capital for platforms: [link].

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Capital One Joins Effort to Educate Seniors About Online Banking

Bank Innovation

Yesterday Capital One, a leader in digital banking, joined OATS (Older Adults Technology Services) in launching‘“Ready, Set, Bank: Online Banking Made Easy,’” an educational tool designed to increase online banking usage among older adults, enabling them Read More.

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Capital One To Focus On Digital, Close 37 Locations

PYMNTS

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “Our Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We

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India SME Lender Capital Float Tops Up Funding

PYMNTS

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. It aids small manufacturers, business-to-business (B2B) service providers and online retailers. million from current investors.

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Coast Capital On Weathering The Pandemic And Planning For The Future

PYMNTS

CUs’ production units could not afford to miss deadlines with members’ financial needs at stake, said Nancy McNeill , senior vice president of Operations at Coast Capital Savings Federal Credit Union. McNeill said Coast Capital, like numerous other CUs, has seen robust growth in the number of members who have gone digital during the pandemic.

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Citi Debuts Mobile App For Companies Seeking Capital

PYMNTS

Citi has launched a new mobile app for its Citi Supplier Finance platform in Latin America to help suppliers get more working capital, according to Finextra. It will allow for constant visibility for receivables available for discounts, payment status and transaction history.

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Capital One’s Eno Can Now Give Out Virtual Account Numbers

Bank Innovation

Capital One is making some improvements to its chatbot functionality, now allowing users to request and receive virtual account numbers from Eno, the bank’s virtual assistant. The update will allow the bank’s users to have quicker access to the temporary card numbers when online shopping, Capital One said.

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