Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. This week’s look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also...
To simplify banking for small- to medium-sized businesses (SMBs) in the United States, HSBC is rolling out a new service with Biz2Credit. The financial institution is harnessing Biz2Credit’s Biz2X Platform as part of the HSBC Fusion program to accelerate the approval of credit applications for...
To help certified public accountant (CPA) firms advising small- to medium-sized businesses (SMBs) on Paycheck Protection Program (PPP) forgiveness and additional financing choices, the American Institute of Certified Public Accountants (AICPA) along with its CPA.com division and Biz2Credit said in an announcement that they are...
To automate the Paycheck Protection Program (PPP) forgiveness procedure for small- to medium-sized business (SMB) owners, the American Institute of Certified Public Accountants (AICPA) and CPA.com rolled out the PPPForgivenessTool.com website. The Biz2Credit-fueled technology uses the PPP forgiveness calculator the AICPA made in the spring...
October 25, 2019
India-based hotel and booking startup OYO has been on a tear lately, landing $1.5 billion in new funding, expanding to new markets and getting into new areas — most recently, coworking spaces. Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. […]
May 02, 2017
If expansion is key for SMBs, so too is it for lenders. Biz2Credit is linking up with Oriental Bank in Puerto Rico to boost SMB lending, digitally, in a move...
September 01, 2016
Summer is quickly closing out, and changing seasons can sometimes signal shifting cash flows for small businesses. The latest research from payroll firm ADP and small business lender Biz2Credit offers some...
June 04, 2019
Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release, Biz2Credit said the Series B funding round was led by WestBridge Capital. It marks the second round of equity […]
March 17, 2015
Successful small businesses want loans faster, and that means they’re turning to big banks and marketplace lending platforms instead of small banks, according to a monthly report from Biz2Credit. As...
February 03, 2015
Small business alternative lender Biz2Credit has added Fortis Payments to its roster of payment partners. Under the deal, companies that use Fortis’ merchant payment processing services will get access to...
