The co-founder and co-CEO of Digits, Wayne Chang, discusses what is wrong with small business finance tools and why a complete rethink was needed.
Kabbage will now offer lines of credit up to $250,000; this is the largest credit line available from any online lender; Kabbage will expand its customer base to larger businesses with the higher credit lines; Kabbage also shared results of a survey sharing where small businesses plan to invest in 2018. Source
Now more than ever it is important to bring the fintech community together. To help you navigate these unpredictable times...
Nav gives customers free access to their small business credit reports; the company announced today they had raised $44 million...
Recently fintechs have been allowed to participate in providing Paycheck Protection Program loans; in some cases fintechs are working by...
PayPal is a company whose name is much more synonymous with payments than lending. However, that might be changing as...
On the heels of the big announcement yesterday comes more news out of Lending Club. One of the Lend Academy...
The only online lender focused on veteran-owned businesses has found a recipe for success. Source
On today's episode, I'm joined by Ron Benegbi, Founder & CEO of Uplinq. We talk about the SMB credit score, the shifting definition of small business, the overuse of as-a-service, getting more lenders to yes, fraud detection as a byproduct, raising capital, the NFL Draft, and much more.
With inflation affecting nearly every aspect of a small business's operation, good news on the fintech front in JD Power's annual merchant services survey can't help but suggest a bright future for payments technology.