With $43.5 million in total funding raised, it was a relatively promising week for B2B FinTechs on the venture capital front. This week’s roundup includes startups from the U.S., India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce....
FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding round, according to a press release. The round was led by Motley Fool Ventures and Ally Ventures, the strategic investment...
To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players...
According to the Small Business Administration, of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those firms, according to the same SBA report, had an annual payroll of $195 billion, receipts of $1.14 trillion. And, because vet-owned...
February 06, 2018
According to the Small Business Administration, of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those firms, according to the same SBA report, had an annual payroll of $195 billion, receipts of $1.14 trillion. And, because vet-owned firms employ about five people each, they are responsible for creating 12.5 million jobs. […]
