Search Results for: small businesses

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......
Coupa To Offer Hsbc Virtual Cards To European Businesses
Business Fintech News

Coupa To Offer Hsbc Virtual Cards To European Businesses

Fintech News Desk
by Fintech News Desk0
Strategic collaboration accelerates the availability of business-to-business (B2B) digital payments in Europe Coupa Software , a leader in Business Spend Management, announced a strategic collaboration with HSBC under its Coupa Pay offering. Commencing with virtual cards, the collaboration will provide European companies with access to a fast, seamless, and secure......
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......
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......
JPMorgan Chase Survey Results: Businesses Set Their Sights on Growth in 2022 Despite Ongoing Supply Chain and Cost-Related Challenges
Finance Fintech News

JPMorgan Chase Survey Results: Businesses Set Their Sights on Growth in 2022 Despite Ongoing Supply Chain and Cost-Related Challenges

Fintech News Desk
by Fintech News Desk0
Companies express increased optimism for their business performance and broader economic outlooks Jumps in revenue and credit needs expected as businesses address challenges and focus on growth plans Small and midsize U.S. business leaders remain confident in their companies and resourceful in their approaches to confronting macroeconomic challenges that have......
Rocket Companies Makes Leadership Changes Across Several Businesses, Increasing Connectivity Throughout the Platform
Fintech Mortgage News

Rocket Companies Makes Leadership Changes Across Several Businesses, Increasing Connectivity Throughout the Platform

Fintech News Desk
by Fintech News Desk0
Rocket Companies Vice Chairman and CEO, Jay Farner, assuming role of CEO for Rocket Central, Bob Walters named CEO of Rocket Mortgage and Tim Birkmeier now President of Rocket Mortgage – as of January 1, 2022. Rocket Companies, the Detroit-based FinTech platform company consisting of tech-driven real estate, mortgage and......
Small Business Credit Cards: It’s About More than Just Rewards
Fintech News

Small Business Credit Cards: It’s About More than Just Rewards

Fintech News Desk
by Fintech News Desk0
New research from Mercator Advisory Group examines the current market for small business credit cards and highlights opportunities for issuers Mercator Advisory Group released a report covering the credit cards issued for small businesses titled Small Business Credit Cards: Growth Opportunities in a Post-COVID World. The research explains current markets, reviews......
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