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PPP Round Two: Familiarity Breeds Success For Banks And SMBs

PYMNTS

I think at some point, people told their professional financial staff to hold out until the first of the year to figure out how this would affect taxes. From a business climate standpoint, it hasn’t been the drought in Georgia that it has been in some other places,” Edwards said.

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Data Dive: The Yes, No, Gotcha! Edition

PYMNTS

Credit Karma said yes to early tax refunds for consumers – for free. And the world learned that the Nigerian royalty that has been trying to scam them for the last several years is neither Nigerian nor a prince – just a guy from Georgia with a side hustle working for scammers. Good Tax Lending Karma.

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Kabbage Reaches $2 Billion in Originated Loans in 5 Years

Fintech Labs Insights

Today, the Georgia-based company announced it has originated $2 billion in loans during the past five years. Earlier this month, Kabbage partnered with alt-lenders OnDeck and CAN Capital to launch the Innovative Lending Platform Association and Smart Box.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. HQ: Atlanta, Georgia. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: Consumers, lending, credit, P2P, crowdfunding, investing, underwriting, loans.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

HQ: Duluth, Georgia. Lending marketplace targeting Hispanic-owned small businesses. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). Here are the deals by size from 7 Nov to 12 Nov, 2015: NCR. ATMs, POS & financial technology. Latest round: $820 million Post-IPO equity. Total raised: Unknown. Source: WSJ.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

HQ: Atlanta, Georgia. HQ: Atlanta, Georgia. Tags: Enterprise, underwriting, credit, lending, analytics, API, Life.SREDA (investor). First Data Corporation. Payment processing. Latest round: $2.56 billion IPO. Total raised: Unknown. Source: TechCrunch. Alt-lender to small businesses. Total raised: $600 million. Total raised: $4.1

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. The company raised $38M in equity funding and $178M in debt to lend to SMEs in August 2018.

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