Brex, which is a Silicon Valley lender to startups, has dropped “tens of thousands” of small business customers as it intends to focus on bigger venture-backed clients, CNBC wrote, quoting co-founder Henrique Dubugras. The company has been letting customers know about the changes, saying they’ll...
Buy now, pay later (BNPL) transaction volume is expected to reach $680 billion worldwide by 2025, a clear indication that consumers will continue to embrace installment payments and adopt the service at the point of sale (POS). Read PYMNTS report: Who’s Using BNPL and Why?...
Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based economic research firm. Collectively, the amount of those loans reached $3.9 billion in 2017...
Commercial lending has moved from the musty paper and desk settings of banks to embrace the cloud and software as a service. And for smaller businesses, the benefits are tangible ones, from increased funding options to flexible lending terms. Here’s how the head of one...
May 16, 2022
Buy now, pay later (BNPL) transaction volume is expected to reach $680 billion worldwide by 2025, a clear indication that consumers will continue to embrace installment payments and adopt the service at the point of sale (POS). Read PYMNTS report: Who’s Using BNPL and Why? But while the business-to-consumer (B2C) sector has experienced tremendous growth […]
