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MarketInvoice Brings Invoice Financing To More Smaller Sized Businesses
MarketInvoice Brings Invoice Financing To More Smaller Sized Businesses
August 18, 2017  |  B2B Payments

MarketInvoice, the invoice financing company, announced Thursday (Aug. 17) that it is providing more than 400,000 smaller businesses (SMBs) with access to its invoice discounting...

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PayPal Acquires Swift Financial To Expand SMB Lending Options
PayPal Acquires Swift Financial To Expand SMB Lending Options
August 11, 2017  |  Partnerships / Acquisitions

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in...

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JPMorgan Chase And OnDeck Shake Hands On Another 4 Years
JPMorgan Chase And OnDeck Shake Hands On Another 4 Years
August 08, 2017  |  SMBs

Small business owners shouldn’t have to waste their time chasing loans. They have enough to think about without spending hours applying for credit, let alone...

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Kabbage Receives $250M Strategic Growth Investment From SoftBank
Kabbage Receives $250M Strategic Growth Investment From SoftBank
August 04, 2017  |  Investments

Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary...

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Chinese Alt-Lender Dianrong Lands $220 Million
Chinese Alt-Lender Dianrong Lands $220 Million
August 03, 2017  |  B2B Payments

Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research...

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Startup Bread Raises Funds To Offer Consumers Financing On Big Purchases
Startup Bread Raises Funds To Offer Consumers Financing On Big Purchases
August 03, 2017  |  Fintech Investments

FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC) funding round. Forbes...

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U.K. Alt-Lender DueCourse Falls Into Administration
U.K. Alt-Lender DueCourse Falls Into Administration
August 01, 2017  |  B2B Payments

Less than a year after raising venture capital, U.K.-based alternative finance company DueCourse has reportedly gone into administration. Recent reports said DueCourse, which operates as...

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National Australia Bank Builds SME Lending Features
National Australia Bank Builds SME Lending Features
August 01, 2017  |  B2B Payments

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME...

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Daimler Financial Services More Than Doubles Mobile Services Usage
Daimler Financial Services More Than Doubles Mobile Services Usage
July 31, 2017  |  Loans

Daimler Financial Services, the banking and finance unit of German car maker Daimler, is on track for another record year thanks to new 2017 leasing...

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