Category : Fintech Funding

Business Fintech Fintech Funding News

Community Financial Institutions Use Abrigo’s SBA Lending Platform to Submit Nearly 28,000 PPP Loans in Second Round of Funding

Fintech News Desk
Community financial institutions (CFI) will use Abrigo’s SBA Lending solution to begin submitting nearly 28,000 Paycheck Protection Program (PPP) applications totaling nearly $3 billion in loans to help small businesses in their communities. Read More: Finhabits Launches Microlearning Journeys to Help Diverse Communities Build Healthy Financial Habits Abrigo, a leading technology provider......
Banking Fintech Fintech Funding News

Wolters Kluwer Recommences Processing US PPP Loan Applications Through Financial Technology Solution

Fintech News Desk
Second Round of PPP Enables Wolters Kluwer to Build on Supporting Main Street Business Jobs  Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing......
Fintech Fintech Funding News

Wolters Kluwer’s Paycheck Protection Program FinTech Solution Helps Retain 500,000 American Jobs

Fintech News Desk
Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ financial technology solution, designed to help banks, credit unions, and other lenders support small businesses with payroll funding during the COVID-19 crisis, has so far assisted in PPP loan approvals supporting approximately 500,000 jobs across the U.S. The company......
Capital Markets Fintech Fintech Funding News

AvidXchange Secures Additional $128 Million in Funding, Raising a Total of $388 Million in Latest Financing

Fintech News Desk
B2B leader fuels disruption of traditional accounts payable industry and e-payment adoption AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced it has raised an additional $128 million in equity capital. This latest financing effort was oversubscribed with a total of more than $388 million raised and......
Fintech Fintech Funding News

Income Tax Planner From Bloomberg Tax & Accounting Reflects Most Recent COVID-19 Relief Legislation

Fintech News Desk
Bloomberg Tax & Accounting announced updates to its Income Tax Planner software to incorporate the changes affecting income tax from the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) and Families First Coronavirus Response Acts. Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility The......
Fintech Fintech Funding News Trading

Gatsby, The New Gen Z-Targeted Options Trading App, Receives Additional Funding Led by SWS Venture Capital

Fintech News Desk
Gatsby, a new retail options trading app that caters to a burgeoning segment of younger traders, announced a new round of funding led by SWS Venture Capital. Concurrently, SWS Founder and Lead Partner, Steve Streit, will join Gatsby’s Board of Directors. Read More: GlobalFintechSeries Interview with Raymond Wyand, CEO & Co-founder......
Business Fintech Fintech Funding News Risk Management

Baker Hill Partners with Financial Institutions Amid COVID-19

Fintech News Desk
FinTech company leverages decades of expertise to assist financial institutions with small business lending Baker Hill, the leading financial technology provider in delivering solutions for commercial, small business and consumer loan origination, risk and relationship management, CECL, and analytics,  is working directly with its client partners to expedite the processes......
Banking Business Fintech Fintech Funding News

PayNet, An Equifax Company, Launches SME Lending Solution to Speed Loans Under CARES Act

Fintech News Desk
New data integration and identification technology automates and verifies loans for Paycheck Protection Program PayNet, an Equifax company that provides credit and analytics on small and medium enterprises (SMEs), launched the PayNet P3 Data Pack. The new platform provides critical integration, automation, and verification technology to help lenders expedite Paycheck......
Business Fintech Fintech Funding News

BitX Funding Creates Immediate Opportunity Through SBA’s Paycheck Protection Program

Fintech News Desk
Mighty Lending Marketplace Expedites Momentum for Small Businesses by Leveraging Collaborative Approach BitX Funding, the online lending marketplace known for streamlining finance by matching small-business owners with optimal, non-bank lenders, is fortifying their unique process by partnering with Fintech companies to service loans through the current Paycheck Protection Program. While......
Business Fintech Fintech Funding News

Enova Provides $500,000 to Support COVID-19 Related Relief Efforts in Chicago

Fintech News Desk
Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, announced it will provide $500,000 to support COVID-19 related relief activities in Chicago where a majority of its employees live and work. The funds will help support the Chicago Community COVID-19 Response Fund......
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