PYMNTS

DECEMBER 17, 2019

CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. CircleUp’s lending platform was founded in 2017 to fill that hole and has underwritten about $300 million in loans since then. The first is focus.

Lending 132

Lending Data Retail Capital 132

PYMNTS

AUGUST 8, 2017

ID Finance Co-Founders Boris Batine and Alexander Dunaev were far from newcomers to the world of finance when they started up their business in 2012. educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

AUGUST 29, 2016

The European Central Bank (ECB) released new figures on corporate lending, and the results are promising — though, reports say, they’re positive for borrowers, but not investors. According to the ECB, corporate lending by banks increased by 1.9 ” .

Lending 100

Lending Trends Capital Report 100

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Amount’s first target group of banks will be large institutions looking for a highly customizable lending solution.

Lending 134

Lending Alabama Online System 134

PYMNTS

SEPTEMBER 12, 2018

In its monthly Small Business Lending Index, released Tuesday (Sept. When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement.

Lending 102

Lending Community Bank Taxes Community 102

Abrigo

DECEMBER 1, 2014

From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04 As many credit unions are just beginning to develop or expand member business lending (MBL) programs, it is important develop or tighten a sound MBL strategy to ensure long-term success in managing risks. Evaluate the level of capital needed.

Strategy 186

Strategy How To Resources Lending 186

PYMNTS

SEPTEMBER 22, 2019

SoftBank also said in July that it was leading a $231 million funding round for the Brazilian lending startup Creditas in a bid to shake up competition in the traditional financial market. Creditas had a recent valuation of $750 million and said the capital would help it to expand to other Latin American countries. .

America 164

America Lending Capital Groups 164

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

JUNE 21, 2019

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The company is known as the “lending club of China.”

Lending 100

Lending Capital Maine Groups 100

BankUnderground

NOVEMBER 30, 2021

In our paper , we use balance sheet data for 118 UK banks to empirically investigate whether the asset compositions of banks involved in the UK QE operations reacted differently in comparison to banks not involved in the initial rounds of QE between March 2009 and July 2012. QE and bank lending. QE and central bank reserves.

Lending 108

Lending Capital Groups Policies 108

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. To get a sense of some of the mechanics of how it all works: Capital One increased its allowance by $2.9

Cards 159

Cards Conference Lending Capital 159

Abrigo

NOVEMBER 29, 2021

Financial institutions generate most of their income by lending and investment activities. Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. Roadmap for Effective Capital Planning: Start Here. Types of Noninterest Income. An important source of revenue.

Community Bank 195

Community Bank Community FDIC Trends 195

PYMNTS

JULY 10, 2019

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in the traditional financial market, according to a report by Reuters. . Creditas is now valued at $750 million and the capital will help it to expand to other Latin American countries. .

Lending 108

Lending Capital America Marketing 108

PYMNTS

JUNE 10, 2016

are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. Alt-Lending. Kikka Capital.

US 100

US Capital Lending Security 100

PYMNTS

MAY 5, 2017

Don’t let the seemingly low value of $42 million raised this week by B2B venture capital firms fool you: VC activity in the space was strong, hitting key verticals like cross-border payments and SaaS. Find out who’s planning ahead in our breakdown of B2B venture capital from the week below. SME Lending. Honorable Mentions.

Fintech 137

Fintech Big Data Capital Data 137

PYMNTS

NOVEMBER 7, 2016

billion in small business financing from the government body — a new record overall and for the volume of its flagship lending program 7(a), which provides working capital financing, asset-based financing and refinancing support. We share all the details below. That amounts to $28.9 26% of U.S.

America 186

America Fintech National Strategy 186

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. The Hong Kong sale is being managed by Citigroup, China International Capital Corp.,

Security 134

Security Groups Payments Regulation 134

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 109

Lending Study Marketing Capital 109

PYMNTS

JULY 8, 2016

Small businesses today have struggled to access working capital loans from traditional lenders, giving way for alternative and marketplace lenders to enter the sphere. The lag in small business lending by banks is no secret; earlier this year, the U.S.

Lending 101

Lending Report National How To 101

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. To get a sense of some of the mechanics of how it all works: Capital One increased its allowance by $2.9

Cards 141

Cards Conference Lending Capital 141

BankUnderground

NOVEMBER 13, 2024

David Elliott, Ralf Meisenzahl and José-Luis Peydró Capital flows and credit growth are strongly correlated across countries. Empirical challenges A key empirical challenge in comparing lending by banks and nonbanks is that different institutions lend to different borrowers.

Policies 103

Policies Lending US Chicago 103

Celent Banking

NOVEMBER 17, 2015

In the FinTech space, much of the focus is on consumer-oriented solutions like Mint for financial management, Venmo for P2P payments, and Prosper for social lending. Online small business lending by direct credit providers has especially taken off. Morgan Stanley reports that US small business direct lending grew to around $7.5B

Report 100

Report FDIC Lending Fintech 100

PYMNTS

NOVEMBER 21, 2016

The dominating narrative in small business lending is the rise in alternative finance to fill the gaps left behind by traditional banks. Sageworks , which develops financial data management solutions for financial institutions, has just entered the SME lending arena with a new solution that provides banks with small business lending support.

Lending 100

Lending Meeting National Community 100

PYMNTS

AUGUST 25, 2017

Microsoft Accelerator, which launched in 2012, has so far accelerated 129 startups across 10 cohorts. Microsoft will be lending its Azure Cloud technology to the companies so they can enhance their cloud, IoT, Big Data and analytics capabilities. Reports in YourStory on Thursday (Aug.

Compliance 100

Compliance Big Data Capital Analytics 100

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. In the biggest B2B venture capital story of the week, some of the brightest names in banking lent their support to B2B digital payments firm Transactis. B2B ePayments.

Capital 100

Capital Security Software User Experience 100

PYMNTS

FEBRUARY 10, 2017

Invoice financing platform MarketInvoice is introducing a new product as it looks to double its lending volume in the coming year. This is the first new product since we launched in 2012, so we’re very excited about that,” said Chief Executive and Cofounder Anil Stocker in an interview with Peer-to-Peer Finance News. “We

Lending 100

Lending Capital Branding Company 100

PYMNTS

JUNE 13, 2019

The Singapore-based payments startup opted to raise more capital to grow independently as a company instead. And Grab, which Tan Hooi Ling and Anthony Tan started in 2012, has a value of $14 billion, per CB Insights. 2C2P and Grab representatives did not offer a comment per the report. The news comes as Grab raised over $4.5

Report 100

Report Online Lending Financial Technology 100

PYMNTS

JANUARY 25, 2018

Most recently, the FSB announced plans to join the alternative finance world and establish the FSB Funding Platform , a marketplace lending portal through which small businesses can access funding from more than 100 lenders. ’s alternative lending space, however, seems solid. The not-for-profit said it is working with the U.K.’s

Lending 122

Lending Regulation Marketing Operations 122

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. Since the fourth quarter, 2012, we have expanded to serve the small business community by offering loans guaranteed by the Small Business Administration as well as the U.S. Texas Capital Bancshares, Inc.

Strategy 100

Strategy Texas San Antonio Fort Worth 100

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

MAY 29, 2018

Whenever it happens, it’s safe to say that a $150 billion valuation would make Ant’s IPO one of the biggest ever, putting it ahead of Facebook ’s $104 billion IPO in 2012 and behind Alibaba’s $168 billion IPO in 2014. Venture capital was provided by Sequoia Capital , a firm which normally invests in early-stage startups.

Capital 101

Capital Security Lending National 101

PYMNTS

APRIL 12, 2017

Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital. Regulation A+ has made a mostly quiet splash on the market.

Regulation 102

Regulation Lending social media Operations 102

BankUnderground

FEBRUARY 5, 2021

Positive liquidity shocks – that is, a loosening of global funding market conditions – have led to exchange rate appreciations, reductions in long-term bond yields, stock market booms, and increased gross capital flows to EMs ( Bhattarai et al (2018) ).

Marketing 133

Marketing Policies Study Tools 133

PYMNTS

JUNE 18, 2019

The publication noted that the merchant cash advance industry has also been known to charge 400 percent interest on short-term loans, requiring SMBs to agree to confessions of judgement to receive the capital. Earlier this year, the U.S.

New York 118

New York Washington Industry Capital 118

CB Insights

DECEMBER 10, 2020

SMB lending . Companies in this category target small- and medium-sized businesses (SMBs) for business loans and working capital financing. . Capital Float is an India-based startup providing business loans through a lending platform. Consumer lending. Phone number. Business credit cards. First name.

America 101

America Lending Cards Capital 101

PYMNTS

MAY 20, 2016

It appears GV, which is the venture-capital investment arm of Google’s parent company Alphabet, has a vested interest in promoting a payday lender. Because it is an investor in the online lender LendUp and has been before the company launched in 2012. Now, however, Google has found itself in a bit of an awkward position.

Google 102

Google Policies Company Industry 102

Independent Banker

DECEMBER 1, 2021

Beneficial State Bank was born from a bold idea and a gift of capital from activists and philanthropists Kat Taylor and Tom Steyer. It’s a CDFI, which means that 60% of lending is made to low- and moderate-income customers or underserved communities. Randell Leach, Beneficial State Bank. It’s how we look at everything.”.

Oakland 153

Oakland Community Community Bank Leadership 153