PYMNTS-MonitorEdge-May-2024

SMB lending

Cross-Border Grabs Spotlight Amid SWIFT, Blockchain Headlines
Cross-Border Grabs Spotlight Amid SWIFT, Blockchain Headlines
August 09, 2018  |  International

Payments infrastructure news tends to be global in scope, as firms and stakeholders eye efficiency and speed in transacting in new and existing markets far-flung...

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OnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Sees Loan Originations Up 26 Pct In 2Q
August 07, 2018  |  Earnings

OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with...

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Bank Crackdown Has Money Managers Eyeing Corporate Finance
Bank Crackdown Has Money Managers Eyeing Corporate Finance
August 06, 2018  |  B2B Payments

Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. Reports in...

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BlueVine Adds $12M From M12 To Round Of Funding
BlueVine Adds $12M From M12 To Round Of Funding
July 31, 2018  |  Investments

BlueVine, the FinTech startup that recently announced a $60 million round of financing, has added $12 million to its Series E round of funding from...

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Square Capital Pulls eBay Into SMB Lending Space
Square Capital Pulls eBay Into SMB Lending Space
July 25, 2018  |  B2B Payments

When eBay announced that it would be accepting Apple Pay, it wasn’t the only new development for the online marketplace. The company also revealed a...

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Santander Adopts nCino Platform For Faster SMB Lending
Santander Adopts nCino Platform For Faster SMB Lending
July 19, 2018  |  B2B Payments

Santander Bank is adopting nCino technology to accelerate its business lending operations, the FI announced on Wednesday (July 18). Santander’s business banking unit has integrated...

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Funding Circle Fund Reduces US Exposure
Funding Circle Fund Reduces US Exposure
July 16, 2018  |  B2B Payments

An investment vehicle operated by U.K. alternative finance platform Funding Circle is reportedly turning away from U.S. exposure and doubling down on local investment through...

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For SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data
For SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data
July 03, 2018  |  B2B Payments

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs...

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Alt-Lenders Vow Transparency After Prospa Backlash
Alt-Lenders Vow Transparency After Prospa Backlash
July 02, 2018  |  B2B Payments

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...

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