Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers. In fact, five out of six lenders provide access to embedded lending products to consumers, addressing the high demand for...
While traditional financial institutions (FIs) have historically dominated the industry, credit unions (CUs) have carved out a unique niche, serving the needs of their members with personalized care and a focus on mutual benefit. However, faced with the dual challenges of technological disruption and shifting...
In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include easier qualification than bank loans, higher credit limits and other various perks. According to a recent poll, more than 9...
For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides the ready cash needed to buy inventory, pay staff and take advantage of growth opportunities. A number of eCommerce platforms...
June 11, 2024
Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers. In fact, five out of six lenders provide access to embedded lending products to consumers, addressing the high demand for embedded financial experiences. That’s one of the top-level findings from […]
February 29, 2024
While traditional financial institutions (FIs) have historically dominated the industry, credit unions (CUs) have carved out a unique niche, serving the needs of their members with personalized care and a...
February 23, 2024
In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include easier qualification than bank loans,...
February 21, 2024
FinTech BankiFi has partnered with financier Praetura to develop a lending-as-a-service solution for small to medium-sized enterprises (SMEs) in the U.K. The platform is specifically designed to help SMEs access growth funding, even if they do not meet the requirements of traditional banks, according to a Wednesday (Feb. 21) news release on The Business Desk. Through BankiFi’s technology platform, […]
November 29, 2023
Lending-as-a-service solution provider Rapid Finance and spend management platform Ramp have partnered to provide small businesses with faster access to capital. Small businesses on Ramp’s platform can now gain preferred access to Rapid Finance’s...
October 11, 2023
Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India. This collaboration aims to address the challenges...
September 21, 2023
Oxford Commercial Finance has expanded its small and medium-sized business (SMB) working capital offerings. The Michigan-based lender — a subsidiary of Oxford Bank — announced Thursday (Sept. 21) it would begin offering purchase order (PO)...
