Source: en.wikipedia.org
For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...
Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. The company...
Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers,...
Embedded lending platform Momnt has a new chief executive officer. Chris Bracken, who has served as the company’s revenue lead since 2020, has been promoted...
This week in PYMNTS, industry insiders discuss everything from composable banking to network tokenization to which tradeoffs lipstick buyers are and are not willing to...
When it comes to financial technology and payments modernization, there’s nothing like a seasoned veteran of the business for some perspective. Carl Pascarella, former CEO...
Goldman Sachs reportedly wants to double its lending to its most affluent customers. This plan would play out over the next five years for clients with...
Lenders across major global economies offer embedded lending. However, data suggests that the typical lender that serves consumers or small- to medium-sized businesses (SMBs) has...
Artificial intelligence verification software firm Informed.IQ teamed with loan origination system (LOS) Fuse. Via the partnership, the companies launched a solution that offers streamlined verifications...