PYMNTS-MonitorEdge-May-2024

SMB lending

Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
February 05, 2019  |  B2B Payments

The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses...

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ING Bridges Dutch SMBs To Funding Options
ING Bridges Dutch SMBs To Funding Options
February 05, 2019  |  B2B Payments

Dutch bank ING is linking its small business (SMB) customers to alternative lending marketplace Funding Options, the firms said on Monday (Feb. 4). The partnership...

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First New Community Bank In Decades Headed To US Market
First New Community Bank In Decades Headed To US Market
January 31, 2019  |  B2B Payments

The U.S. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank...

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PayNet, Numerated Pair Up For Business Lending Risk Analytics
PayNet, Numerated Pair Up For Business Lending Risk Analytics
January 30, 2019  |  B2B Payments

Financial technology (FinTech) company Numerated, which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate...

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CapX Taps Moody’s For SMB Loan Underwriting
CapX Taps Moody’s For SMB Loan Underwriting
January 25, 2019  |  B2B Payments

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a...

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Fundation Digitizes SMB Loans For Banc Of California
Fundation Digitizes SMB Loans For Banc Of California
January 24, 2019  |  B2B Payments

Alternative small business lender Fundation has struck a new partnership with another financial institution, the company revealed Wednesday (Jan. 23). In a press release, Fundation...

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SMB Payments, Lending Startup KiWi Grabs Funding
SMB Payments, Lending Startup KiWi Grabs Funding
January 22, 2019  |  B2B Payments

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday...

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Alternative Finance No Longer SMBs’ Last Resort
Alternative Finance No Longer SMBs’ Last Resort
January 21, 2019  |  B2B Payments

Alternative finance (AltFin) has had a rocky lifespan, with controversies over high interest rates, contract agreements and the overall viability of the industry being called...

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Goldman Sachs Backs Alternative SMB Lender Capify
Goldman Sachs Backs Alternative SMB Lender Capify
January 17, 2019  |  B2B Payments

U.K.- and Australia-based Capify, an alternative finance provider targeting small firms, has landed a $96.6 million investment from Goldman Sachs, the company said on Wednesday...

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