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Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Atlanta-based Gro has […].

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For Visa, She’s Next Is What’s Next

PYMNTS

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. An inaugural Jan. For example, Simon said, the Jan. India and Mexico.

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Saltbox Opens Co-Warehousing Space For SMBs

PYMNTS

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital.

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BAM Completes $10-Million Investment to Fund Expansion

PYMNTS

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S.

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Equifax Buys Commercial Credit Data Company Ansonia

PYMNTS

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. million, which was up 10 percent, and within that unit, Online Information Solutions was up 7 percent for the quarter to $263 million. The price was not disclosed. million.

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Kabbage Scores Another European Bank with Santander UK Deal

Bank Innovation

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.