Search Results for: small business

Penelope Launches Retirement Savings Platform For Small Businesses And Entrepreneurs
Business Finance News

Penelope Launches Retirement Savings Platform For Small Businesses And Entrepreneurs

Fintech News Desk
by Fintech News Desk0
Penelope aims to help 60 million Americans build bright financial futures and generational wealth with employee retirement platform On a mission to enable every small business to build bright financial futures for their owners and employees, Penelope announced the launch of its 401(k) platform, giving small business owners an affordable and......
Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
by Fintech News Desk0
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Lending News

Biz2Credit Small Business Lending Index for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019 Small business loan approval percentages at big banks ($10 + in assets) increased from 14.2% in November to 14.3% in December, and small banks’ approvals also rose from 19.9% in November to 20.1% in December, according to the latest Biz2Credit Small Business Lending Index™ released today. Among several categories of non-bank......
Enrichher Begins New Year With $5,000 Small Business Grant Targeting Women and Founders of Color
Business Fintech News

Enrichher Begins New Year With $5,000 Small Business Grant Targeting Women and Founders of Color

Fintech News Desk
by Fintech News Desk0
EnrichHER, the only Black woman-owned fintech lender serving women and founders of color, will launch its next $5,000 small business grant contest this month. Latest Fintech Insights: OneUnited Bank Launches CashPlease Loan Program As inflation, COVID-19 and labor shortages continue to complicate today’s economy, small business owners are under tremendous pressure to manage and grow......
Enigma Spins Off New Lending Platform To Help Small Businesses Get Loans
Business Lending News

Enigma Spins Off New Lending Platform To Help Small Businesses Get Loans

Fintech News Desk
by Fintech News Desk0
Enigma, a data science company that provides comprehensive intelligence about the financial health and identity of more than 30 million U.S. businesses, announces the spin-off of Prime, a lending platform that will make it easier for financial institutions to extend loans to small and medium businesses (SMB). Latest Fintech Insights: FairySwap......
TD Bank Tops Small Business Banking In the South, According To J.D. Power
Banking Business News

TD Bank Tops Small Business Banking In the South, According To J.D. Power

Fintech News Desk
by Fintech News Desk0
Score reaches 865 points; TD highest in Convenience and Channel Activities areas in addition to Overall Trust TD Bank, America’s Most Convenient Bank, ranks highest in small business banking in the South Region, according to the J.D. Power 2021 Small Business Banking Satisfaction Study. TD Bank’s overall small business customer satisfaction......
Wagepoint Acquires Timesheet Mobile to Expand Line of Powerful, Friendly Small Business Tech
Fintech News

Wagepoint Acquires Timesheet Mobile to Expand Line of Powerful, Friendly Small Business Tech

Fintech News Desk
by Fintech News Desk0
Canadian fintech company continues rapid growth with first acquisition deal Canadian fintech company Wagepoint announces its next milestone on a continuing rapid growth trajectory, with its first acquisition deal with Timesheet Mobile (TSM), a leader in geofence-enabled workforce management for small businesses in over 30 countries. “Our goal with this acquisition was to listen......
Visa Study: Small Businesses Optimistic, Looking to Digital Payments for Growth in New Year
Digital E-commerce News

Visa Study: Small Businesses Optimistic, Looking to Digital Payments for Growth in New Year

Fintech News Desk
by Fintech News Desk0
The 6th edition of Visa’s Global Back to Business study finds that 73% of small businesses surveyed1 said accepting new forms of digital payments is fundamental to growth in 2022 As Visa continues toward its goal of digitally-enabling 50 million small and micro businesses (SMBs), a new research study released – the......
Novo Raises $90 Million to Reimagine Small Businesses Checking Accounts
Banking News

Novo Raises $90 Million to Reimagine Small Businesses Checking Accounts

Fintech News Desk
by Fintech News Desk0
Novo recently surpassed $5 billion in lifetime transactions; will use funding to develop a range of digital banking products that will help small businesses grow Novo, the powerfully simple small business banking platform, announced that the company has raised $90 million in Series B funding at a $700 million valuation.......
Citi to Exit Consumer, SBM Market Banking Operations in Mexico
Banking News

Citi to Exit Consumer, Small Business and Middle Market Banking Operations in Mexico

Fintech News Desk
by Fintech News Desk0
Advances Strategic Goals to Invest in Businesses Aligned with Core Strengths, Simplify Operations and Drive Long-Term Shareholder Value Citi announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking......
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