Search Results for: alternative lenders

Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
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Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
Nav Releases Free Tools To Help SMBs Navigate New Round of PPP
Banking Business Capital Markets Cryptocurrency Economy Fintech Fintech Funding Investment Services Mobile Banking News Trading

Nav Named One of Utah’s Fastest-Growing Companies

Fintech News Desk
by Fintech News Desk0
Nav, the simple and intelligent financing platform for small businesses, today announces its inclusion on the Utah Business Fast 50 list for the second year in a row. The list recognizes “entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth” of Utah companies that have been in business for two years or more. Nav......
Banking Fintech News

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Blockchain News Trading

XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor

Fintech News Desk
by Fintech News Desk0
XinFin Network – the digital asset infrastructure powering working capital platforms and financial institutions – announced today that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market. “There is......
XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor
Blockchain Capital Markets Fintech News

XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor

Fintech News Desk
by Fintech News Desk0
XinFin Network – the digital asset infrastructure powering working capital platforms and financial institutions – announced that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market. Read More: Hummingbird......
Figure Launches First Digital Fund Services Offering on Blockchain
Blockchain Capital Markets Fintech News Trading

Figure Announces First Third-Party Loan Trade on Provenance, Company’s Groundbreaking Blockchain Platform

Fintech News Desk
by Fintech News Desk0
Transaction Marks the First of $100 Million in Loan Sales Expected By Private Lender Pacific Private Money Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology,  announced that Pacific Private Money and Saluda Grade have completed the first third-party trade on Provenance blockchain,......
The Ripple Effect: How a US Recession Could Sneak Up on Global FinTech Companies
Fintech Guest Posts

The Ripple Effect: How a US Recession Could Sneak Up on Global FinTech Companies

Greg Ott
by Greg Ott0
Coronavirus. The US election. International trade. And did we mention Coronavirus?  Such a potent cocktail makes the reality of a recession all too possible. Companies in every industry should consider how one would impact them. I know I’m thinking about how a recession could impact FinTech, especially those that cater......
Temenos Wins ‘Technology Provider of the Year’ at 2020 Fstech Awards
Business Fintech News

New StreetShares Initiative Provides Free Technology to Make Small Business Loans, Relieve Coronavirus Impact: Campaign Follows New Investment Round From Motley Fool Ventures

Fintech News Desk
by Fintech News Desk0
StreetShares, a financial technology company, announced a new “Main Street Heroes” initiative to provide free technology to help institutions make loans to small businesses impacted by COVID-19. Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets In September 2019, StreetShares launched a small business “Lending-as-a-Service” technology......
SMB FinTech Has Come a Long Way...But We’re Not There Yet
Banking Fintech Fintech Startups Guest Posts

SMB FinTech Has Come a Long Way…But We’re Not There Yet

Greg Ott
by Greg Ott0
It wasn’t that long ago that banks were the only game in town, and if you wanted to borrow money, that was your primary option. The recession of 2008 caused banks to strain under the weight of tough lessons learned and heavy regulations. That created the perfect opportunity for financial......
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