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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

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Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho 52
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How to Become an SBA Lender for the CARES Act’s Paycheck Protection Program

Abrigo

15 and verify the borrower had employees for whom they paid salaries and payroll taxes. Farmers State Bank in Harrisburg, Illinois, for example, has been emailing customers and putting information about SBA relief loans on its website to help small business customers get a jump on applying. Lending & Credit Risk. Learn More.

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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: Chicago, Illinois. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: SMB, lending, P2P, peer-to-peer, underwriting, credit, investing, Finovate alum.

Company 12
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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

Online payment service. Lending marketplace for small businesses. HQ: Evanston, Illinois. Online insurance broker. Self-employment tax payments. Tags: SMB, payments, tax prep, accounting. HQ: Shenzen, China. Source: Crunchbase. Latest round: $15 million Series B. Total raised: $15 million. million Series A.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Pixelon: Online video vaporware. Rishi Shah and Shradha Agarwal founded healthcare information startup Outcome Health in 2006 while the pair were still studying at Illinois’ Northwestern University. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US.

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

Fintech Labs Insights

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 HQ: Highland Park, Illinois. VAT tax refund solution . Online investment management.