iwoca Integrates With Funding Options, Funding Xchange
U.K.-based iwoca is integrating its lending platform with marketplace lenders Funding Options and Funding Xchange to accelerate and further automate access to...
Aussie Banks Push Back Against Plan For Deeper Credit Checks
In response to plans by regulators to require banks to conduct more detailed credit checks in lieu of depending upon indices, banks...
Looking Beyond Alternative Lenders For Startup Financing
Post-financial crisis, FinTech shed light on the plight of small and medium-sized businesses (SMBs) seeking capital, often shunned by banks — thanks...
Wild Cards? eGaming, Payroll, Credit, Provide Fresh Fuel For Prepaid
Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them...
MSTS Adds Purchase Credit Tools For Magento B2B eCommerce
B2B financial technology firm MSTS is introducing a plug-in that enables invoicing for corporate buyers using the Magento B2B eCommerce platform. In...
Accounts Receivable Evolves, Tackles Digital Advertising's Biggest Challenges
More than 1 million people canceled their television cable subscriptions in the first quarter of 2019 alone, and not because they aren't...
Amazon India Sees First SMB Lender Integrated Into Platform
Amazon India is integrating its first small business lender via API into the Amazon Lending marketplace, reports in News Barons said on...
Sage Automates Construction Finance Benchmarking
Business management technology provider Sage is rolling out a new solution designed to help construction firms track the health of company finances...
Fed Sees Jump In SMB Capital Demand
The Federal Reserve has released new data on small businesses' appetite for capital, and it appears that financing demand is on the...
How Watch eTailers Sell Historical Timepieces In The Digital Age
Innovators in the eCommerce space are borrowing from the past to reinvent old pocket watches by converting them into wristwatches. When Vortic...
Moving Startups Think Outside The (Cardboard) Box
Some entrepreneurs are inspired to create businesses stemming from their jobs. Wesley Rankin founded HiveBoxx, which rents out durable plastic boxes, based...
Zapt And On-Demand Platforms Powering Move Now-Pay Later
Some entrepreneurs have no intention of starting a company but find inspiration to take on a new venture when a challenge arises...
POS Financing Makes Its Way Into B2B eCommerce
Point-of-sale financing is quickly becoming an attractive feature for consumers shopping online and in-store. Retail giants like Walmart are working with FinTechs to...
Lazada To Expand Its Financial Services
Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a...
Shared Home Equity Startup Point Raises $122M Series B
Point, a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series...
Alternative Finances
How POS Financing Can Make The Friendly Skies Much Friendlier
The family vacation to Disney World. The trip to a best friend's destination wedding. The retired couple's once-in-a-lifetime bucket list getaway. There...
Today In Data
The Drive For Different Types of Innovation
How do you measure innovation? That's a question that takes on fresh importance in today's mobile and data age – and answers...
Can Better (Digital) Credit Help SMBs Thrive?
When food delivery startup Munchery closed its doors in January, it literally left dozens of small businesses holding the bag. Orders delivered...
Levchin: Why The Affirm-Walmart Partnership Is More Than POS Credit
As we learned last week, purchase financing for Walmart customers is changing. In fact, the change has already begun and will continue to...
Chase Throws Hat Into Installment Financing Ring
JPMorgan Chase, aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. 27) that it is...
Payoneer Adds Financing Tool For Amazon, Walmart eSellers
Payment platform Payoneer is launching its Capital Advance service, the company announced on Monday (Feb. 25). Designed as a solution to support cash...
Online Lender SoFi Debuts Two Free ETFs
Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Citing regulatory filings, Bloomberg reported that the funds — set...
Apple, Alipay Pair On Interest-Free iPhone Financing In China
In an attempt to increase iPhone sales in China, Apple has teamed up with Alipay to give potential buyers a more affordable...
Mojio Closes $40M Funding Round For Tech Dev, Hiring
Mojio, a company that focuses on connected car technology, has raised $40 million in a Series B funding round, according to reports....
Shipping Co XPO Refinances $1B After Amazon Pulls Biz
A global shipping company is reeling after Amazon apparently pulled business to focus on its own logistics, according to a report from...
State Bank Of India Partners With Invoicemart
State Bank of India announced that it has joined digital invoice discounting marketplace Invoicemart as a financier, a move that will make...
Deutsche Burdened By High Interest Rate Payments
Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which...
Zoovu Raises $14M To Expand Use Of AI Digital Sales Assistants
Zoovu, a company that provides artificial intelligence (AI)-powered digital assistants in a software-as-a-service suite for brands, has raised $14 million in a...
Lime Raises $310M For Micromobility Expansion
Lime, an on-demand electric scooter and bicycle startup, said on Wednesday (Feb. 6) that it had raised $310 in a Series D...
Finxact Raises $30M For Banking SaaS
Finxact announced that it has raised $30 million in equity financing, with participation from new and existing investors. New investors include the...
Fundbox Pay Expands To B2B Marketplaces
Financing purchases at the point of sale is gaining traction in B2C eCommerce, so why not B2B? Fundbox is bringing Fundbox Pay...
Dutch Startup Raises $33M For AI In Real Estate
When Dutch entrepreneur Teun van den Dries started GeoPhy, an artificial intelligence (AI)-driven service that performs real estate valuations, there was nothing like...
Bank Of America, Citi Back Lampert To Save Sears
ESL Investments has found backing for its $5.2 billion bid to save Sears Holdings Corp. Last week, Eddie Lampert won a bankruptcy court...
Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan....
Factris Consolidates Factoring Market With Acquisition
Netherlands-based factoring company Factris has announced the completion of its takeover of Lithuanian firm DEBIFO, the companies said Monday (Jan. 14). According...
US Startups Raised A Record $130B In 2018
U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a...
Drone Company Flytrex Secures $7.5 Million
Flytrex, a six-year-old Israeli startup, has raised $7.5 million in Series B financing, according to a report in VentureBeat. The funding round...
Chesapeake Bank Debuts Online Loan Product
Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars' Commercial Lending Center Suite. Launched in 1995, Cash Flow offers...
Crypto Lenders See Demand Despite Bitcoin's Fall
Lenders are weathering the downturn in cryptocurrency better than other players, with the industry seeing strong demand from borrowers. According to a...
Eddie Lampert Submits $4.4B Bid To Save Sears
In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie...
ShopKeep Closes $65M Growth Round
ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt...
Corcentric Lands Financing For M&A Expansion
Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion....
SMB Lending Crunch Hits China
Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade...
Sears Could Get $350M Loan In Financing Package
As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350...
Affirm Launches New Features To Help Consumers Spend Responsibly
"The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for...
In UK, Late Payments Spur SMB Financing Scramble
A new study shows that, in the U.K., SMBs tap emergency financing to deal with late payments. In Africa, bread shortages have...
Bread Finance On Why The Early Financing Offer Catches The Conversion Worm
Offering financing to consumers can be a tremendous marketing and customer retention tool for retailers that do it right. The trick, Bread Finance CTO and...
Sears' Lampert Will Not Fund Bankruptcy Financing Package: Report
The time for retail nostalgia is over. Now, for Sears, comes the bankruptcy process — and as reported on Monday (Nov. 5),...
Equifax Joins Rivals To Offer SMB Credit Scores On Nav
Credit scoring and data company Equifax has joined its top-two rivals on the Nav platform to offer small business (SMB) credit scores....
In UK, P2P Firm Seeks Help from Regulators
In the United Kingdom, a peer-to-peer (P2P) property lender has taken what the Financial Times called "the unusual step" of asking a...
Latest Trackers
Fighting Crypto's $1.2B+ Fraud Problem
Regulators are pushing for greater oversight of cryptocurrency, with anti-money laundering (AML) and counter-terrorist...
How Delta's Customer Service Is Riding An AI Tailwind
Consumers today want more from customer service than a long wait time and broad...
MPOS Tracker
What Really Drives Small Vendors' mPOS Picks
Consumers around the world are showing increased interest in contactless payments, with 75 percent...
Gig Economy And The Insurance Service Gap
Real-time payments are growing more established in countries like the United States, as institutes...
Meet Facebook Libra's Founding Architects
As payments become smarter, they will require a new underlying ecosystem to support them....
Mobile Order Ahead
How Small Restaurants Use Data Analytics To Play Big
Mobile ordering is more popular than ever. The volume of food and beverage orders...
Delivering A Generation-Bridging Banking Experience
As consumers rely on digital channels to fill more complex financial needs, identity verification...
Securing The Self-Serve Store
Consumers want the immediacy of brick-and-mortar shopping without sacrificing eCommerce convenience. They may enjoy...
In The PSD2 Age, Banks Must Think Like FinTech Firms
With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks...
Payment Apps For When The Marriage Is Over
It's not enough to build a real-time payment system if financial institutions (FIs) don't...