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Why The Goldman-Amazon Bet On SMB Lending Is No Sure Thing

PYMNTS

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

Lending 146
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P2P lending makes it to main street?

Celent Banking

In this same line, Banco Galicia in Argentina has a very interesting offering – Galicia MOVE – aimed to college students based on a totally digital proposition, underpinned by the use of digital channels and a targeted marketing strategy. Banks are certainly not playing hide and seek with P2P lending. Change or die.

Maine 100
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VCs Back Autobooks For SMB Banking

PYMNTS

Reports Monday (March 13) said Autobooks secured $5.5 Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”. FinTech Autobooks announced new funding to support its SMB banking solutions.

Detroit 122
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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158
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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Many buyers who have secured financing digitally had a great experience and won’t go back to the old way of doing things — even when COVID-19 is no longer a factor.”. Going forward, the company plans to invest in market expansion, branding and marketing strategy, as well as technology-enabled tools to drive efficiency.

Online 214
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B2B FinTech Goes High-Tech For Funding

PYMNTS

The firm announced Tuesday that it secured $14.6 Based in California, CUneXus Solutions has a very specific target in mind for its marketing clients: credit unions. Lighthouse.io. On Thursday (Jan. 26), Australian startup Lighthouse.io

Fintech 100
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Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Bankers see ESG coming in bigger ways soon from the Office of the Comptroller of the Currency, the Federal Reserve, the Securities and Exchange Commission, institutional investors, and the stock exchanges. Having an executive in charge of ESG integration and a combined strategy for mergers will be a small move with big impact.