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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 Offers Free Business Credit Reports

PYMNTS

Capital One has announced the launch of Business CreditWise , an online tool that enables U.S. Business CreditWise is available to any business in the United States — not just Capital One customers. businesses to check their credit profiles.

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Report: Instacart Is Mulling IPO

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Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. 8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7

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India SME Lender Capital Float Tops Up Funding

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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 The startup’s board had set aside just under 93,000 Series E preference shares with an INR 100 nominal value, Inc 42 reported. Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013.

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. About The Tracker.

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Capital One To Focus On Digital, Close 37 Locations

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Capital One is going to increase its focus on digitization and close 37 branches around the U.S., according to a report by Yahoo Finance. Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “Our Net income CAGR was 8.2 percent throughout the same time period.

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Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

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Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. Furthermore, 22 percent of Americans have reported being targeted by COVID-related fraud.

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