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New Investment for Dealstruck Boosts Lending Capital to More than $100 Million

Fintech Labs Insights

The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “The growth in alternative lending has breathed new life into so many small businesses,” Senturia said. million Series A round in April.

Capital 12
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. Molly Bennett, executive editor, Independent Banker.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

The fintech sector attracted $332 million in new capital the first week of August. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. HQ: San Diego, California. Lending marketplace for small businesses. HQ: San Francisco, California. Total dollars raised YTD is $19.6 billion, double the $9.8

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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

Since June 1 we’ve seen 189 fintech deals globally raising a total of $3.1 It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 Not this year.