Category : Lending

Lending SaaS Startup 'Cloudbankin' Secures $400K Funding
Fintech Startups Lending News

Lending SaaS Startup ‘Cloudbankin’ Secures $400K Funding

Business Wire
by Business Wire0
Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil Nadu, announced it has successfully raised $400K in funding from Angel investors, Upekkha, SaaS accelerator and fund, and Kube VC – a global venture capital firm. Prominent Fintech angel investors including Mr. Ramanathan RV, CEO at Hyperface, Mr.......
Comerica Bank's New Lending Platform Accelerates Access to Capital for Small Businesses
Lending News

Comerica Bank’s New Lending Platform Accelerates Access to Capital for Small Businesses

PR Newswire
by PR Newswire0
Comerica Small Business Convenient Capital, powered by Amount, is aimed at providing faster approvals and funding for qualified small business customers Comerica Bank announced the launch of Comerica Small Business Convenient Capital, its first fully digital, end-to-end new lending platform to provide convenient access to capital and innovative value-added benefits for......
Texas Bay Credit Union Selects Upstart for Personal Lending
Lending News

Texas Bay Credit Union Selects Upstart for Personal Lending

Business Wire
by Business Wire0
Texas Bay Credit Union, a credit union and community development financial institution (CDFI) serving the greater Houston market, announced that it has partnered with Upstart, a leading artificial intelligence (AI) lending platform, to provide personal loans to more members. “As a CDFI credit union in the heart of the fastest......
Vesta Announces Integration with The Work Number® from Equifax to Help Increase Lender Efficiency
Lending News

Vesta Announces Integration with The Work Number from Equifax to Help Increase Lender Efficiency

Business Wire
by Business Wire0
Vesta, the next-generation loan origination system (LOS), has announced its integration with The Work Number from Equifax. This integration enables lenders using Vesta’s LOS to effortlessly access robust verification of employment and income capabilities from The Work Number within the LOS interface. By combining Vesta’s advanced LOS features with an industry-leading verification......
Arcadea Group Announces Strategic Acquisition of SPARK
Lending News

Arcadea Group Announces Strategic Acquisition of SPARK

Business Wire
by Business Wire0
The acquisition will focus SPARK on long-term growth and enhanced product functionality SPARK, an innovative SaaS-based lending platform serving the SBA and conventional lending market in the United States, has been acquired by Arcadea Group, a global, long-hold and growth-oriented SaaS investor. Arcadea acquired SPARK from Community Reinvestment Fund, USA......
Wolters Kluwer Compliance Expert Shares Insights on Digital Lender Priorities in a Down Market
Lending News

Wolters Kluwer Compliance Expert Shares Insights on Digital Lender Priorities in a Down Market

Business Wire
by Business Wire0
Lenders continue steady, incremental progress in building their digital lending programs In an economy marked by high interest rates and the expense of fully digitizing, it comes as no surprise that digital lending has moved down most lenders’ priority lists But despite lenders’ increased emphasis on cost control, finding new......
Lending News

Finastra Announces a Collaboration with S&P Global Market Intelligence

PR Newswire
by PR Newswire0
Integration between platforms will digitize data transfer, increasing operational efficiency and streamlining the settlement process Finastra announced a collaboration with S&P Global Market Intelligence focused on the corporate and syndicated lending market. The companies have agreed to collaborate and integrate their solutions for corporate and syndicated lending, with the aim......
Momnt Partners with Cross River to Make Lending More Accessible
Banking Lending News

Momnt Partners with Cross River to Make Lending More Accessible

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River Bank, a leading financial services and technology infrastructure provider that offers embedded financial solutions. Merchants on the Momnt platform......
BAFS Announces an Industry-First Combination of Commercial Lending Software and Services
Lending News

BAFS Announces an Industry-First Combination of Commercial Lending Software and Services

PR Newswire
by PR Newswire0
BAFS now serves as a single source for commercial lending needs nationwide BAFS (Business Alliance Financial Services) announced its market expansion that will give financial institutions access to both commercial lending software and services nationwide – an industry-first combination. Founded in 2009, BAFS has served as the commercial lending back-office......
Why A Data-Driven Approach to Digital Lending and Portfolio Management is Key for SMB Lenders
Guest Posts Lending

Why A Data-Driven Approach to Digital Lending and Portfolio Management is Key for SMB Lenders

Will Tumulty
by Will Tumulty0
Small businesses in the U.S. continue face challenges ranging from recessionary concerns, to rising inflation, labor shortages, and ongoing supply-chain issues, among others. The net effect is a current SMB closure rate of nearly 38% nationally and while some of this is attributable to factors such as lack of market......
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