PYMNTS-MonitorEdge-May-2024

SMB lending

PayPal Hits £1B UK SMB Lending Milestone
PayPal Hits £1B UK SMB Lending Milestone
March 06, 2019  |  Alternative Finances

PayPal said on Wednesday (March 6) that it has provided more than £1 billion in financing to small businesses in the United Kingdom through its...

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FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
March 05, 2019  |  B2B Payments

Heightening efforts among policymakers across the globe to expand customer protections in the financial services (FinServ) space have largely left small business (SMB) banking and...

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Funding Circle Hits $2B In SMB Loan Volume
Funding Circle Hits $2B In SMB Loan Volume
March 04, 2019  |  B2B Payments

Alternative lending firm Funding Circle announced it has reached $2 billion in small business loans facilitated through its platform, a figure that it says exceeds...

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Challenging The Truths Of Small Business Banking
Challenging The Truths Of Small Business Banking
February 21, 2019  |  B2B Payments

The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct...

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SMB Lender iwoca Raises $194M
SMB Lender iwoca Raises $194M
February 19, 2019  |  B2B Payments

U.K. alternative small business (SMB) lender iwoca announced on Monday (Feb. 18) a fundraise worth nearly $194 million. Reports in Business Leader said Augmentum Fintech...

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Nav CEO On Breaking SMB Financing’s ‘Black Box’
Nav CEO On Breaking SMB Financing’s ‘Black Box’
February 18, 2019  |  Alternative Finances

Starting a business in the United States requires being courageous, someone who embraces the idea of success as a long shot. In fact, to be...

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SMB Challenger Banks A Hot Spot With VCs
SMB Challenger Banks A Hot Spot With VCs
February 15, 2019  |  B2B Payments

The U.K. challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial...

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Funding Options, Caxton FX Pair Up On Multi-Currency SMB Card
Funding Options, Caxton FX Pair Up On Multi-Currency SMB Card
February 08, 2019  |  B2B Payments

U.K. marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). The solution...

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Tax Reform Shows Early Signs Of SMB Bank Lending Impact
Tax Reform Shows Early Signs Of SMB Bank Lending Impact
February 07, 2019  |  B2B Payments

U.S. tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Last month, the U.S....

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