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Online Lending To Small Business Increases 50 Percent Between 2015 And 2017

PYMNTS

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 billion in 2015. The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S.

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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

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Barn2Door Lands $3.4M To Help Farmers Sell Online

PYMNTS

million investment round led by Lead Edge Capital, with participation from Global Founders Capital and other investors. million, with investors also including Sugar Mountain Capital, Fire & Vine Hospitality and Canlis Restaurant. Barn2Door has revealed that it raised a $3.4

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India’s Nascent Pet Care Industry Gets Its First Online Retailer

PYMNTS

The current online market has no single leader and is split up between Walmart ’s Flipkart , Amazon.in Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. and the 10-year-old PetsWorld platform. Launch Then Grow.

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Online Used Goods Marketplace Letgo Raises $175M in Huge Venture Capital Round

PYMNTS

Letgo , the online used goods marketplace, secured $175 million in funding. The site, which launched in 2015 and is also regarded as the would-be craigslist killer, has raised more than $3.25 million in funding and has a valuation approaching $1 billion.

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Asian Fintech Deal Sizes Dwarfed Those of U.S. in 2015

Bank Innovation

deal sizes in 2015, a new report from KPMG and CB Insights shows. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. But yesterday’s Ant Read More.

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Venture Capitalists Wary Of Online Lenders

PYMNTS

With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the online lenders before them. At the same time that online lenders and startups have to prove their ability to thrive, investments overall in that area of the internet are slowing down.

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