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CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans

Abrigo

The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans. The Oakland, Calif.-based Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

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CDFIs Kick Off PPP Loan Submissions

Abrigo

You might also like this whitepaper: "Beyond PPP: How Savvy Financial Institutions Can Propel Growth and Profitability with Technology" DOWNLOAD/WATCH. During the first two rounds of the PPP, Community Bank of the Bay had already helped local businesses in its communities secure 390 loans totaling about $81 million. SBA Lending.

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). 15 million to security provider Trulioo. Diversified financial technology provider. HQ: New York City.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

HQ: Oakland, California. Marketplace small business lending platform. Payment security technology. Pariti Technologies. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Latest round: $200 million Private Equity.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Tally Technologies. Shift Technology. Real estate marketplace lending. Total fundings in second quarter hit $8.4

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

P2P lending platform. Net1 UEPS Technologies. P2P lending platform. Automotive lending platform. Lend Street Financial. P2P lending platform. HQ: Oakland, California. Student lending. HQ: Oakland, California. Tags: Consumer, lending, credit, underwriting. Source: FT Partners.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

HQ: Oakland, California. Point of sale technology for food businesses. Tags: Consumer, SMB, loans, credit, lending, underwriting. Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2

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