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Bank First Launches Teslar Software to Streamline Commercial Lending
Fintech News

Bank First Launches Teslar Software to Streamline Commercial Lending

Fintech News Desk
by Fintech News Desk0
$2 billion-asset bank leveraged fintech during PPP, expands partnership to boost efficiencies across broader commercial lending strategy Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced that Bank First has implemented its sophisticated portfolio management tools, centralizing processes and increasing......
Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv
Fintech News

Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv

Fintech News Desk
by Fintech News Desk0
Cloud-based lending and credit platform enables financial institutions to enhance the small business experience with a fintech connection Fiserv, Inc., a leading global provider of payments and financial services technology solutions, is enabling financial institutions to build their small and midsize business (SMB) programs through the launch of a cloud-based,......
Cross River and TechUnited Join Forces to Propel Entrepreneurs and Empower More Small Businesses in New Jersey
Fintech News

Cross River and TechUnited Join Forces to Propel Entrepreneurs and Empower More Small Businesses in New Jersey

Fintech News Desk
by Fintech News Desk0
Cross River and TechUnited launch Women & Minority Business Owners Mentorship Cohort Cross River is investing in its backyard by continuing to cultivate the NJ ecosystem through job creation, community partnerships and empowering the next generation of entrepreneurs Cross River Bank, a technology-driven financial services organization that provides core infrastructure......
Ocrolus
Banking Fintech News

Ocrolus Raises $80 Million In Series C Funding To Scale Its Financial Services Focused Document Automation Solution

Fintech News Desk
by Fintech News Desk0
Company Makes Lending Significantly Faster And More Accurate; Achieves $500+M Valuation; Expands US Operations Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, announced $80 million in Series C funding led by Fin VC at a valuation north of $500 million. The company powers document......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Customers Bank Continues National Expansion
Banking Fintech News

Customers Bank Continues National Expansion

Fintech News Desk
by Fintech News Desk0
Nationally Ranked PPP Lender Introduces Commercial Banking Services in New Markets Customers Bank is building upon its national recognition for providing innovative banking products and services to commercial and consumer clients to advance its national expansion. The next phase of the national expansion will include new offices in Florida and......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Biz2Credit Named to First-Ever Financial Times List of The Americas’ Fastest Growing Companies
Digital Fintech News

Biz2Credit Named to First-Ever Financial Times List of The Americas’ Fastest Growing Companies

Fintech News Desk
by Fintech News Desk0
 Biz2Credit, a leading financial technology firm that develops industry-leading digital platform solutions for banks and other financial institutions, has been named to The Financial Times (FT)’s inaugural list of “The Americas’ Fastest Growing Companies 2021.” This prestigious award is presented by The FT and Statista Inc., the world-leading statistics portal and industry-ranking provider. The......
Womply Partners with Harvest Small Business Finance
Commerce Fintech News

Womply Partners with Harvest Small Business Finance to Help Underserved Businesses and Workers Access Forgivable Loans Using PPP Fast Lane

Fintech News Desk
by Fintech News Desk0
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, announced a new partnership with Harvest Small Business Finance to help more of America’s struggling small businesses, gig workers, independent contractors, and self-employed people access vital Paycheck Protection Program (PPP) funding with......
Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery
Economy News

Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery

Fintech News Desk
by Fintech News Desk0
Nevada State Bank has released the results of its eighth annual survey of small business owners and managers throughout Nevada. The survey reflects the hardship caused by COVID-19 and related responses, but also the hopeful perspective on economic recovery during the next 18 months. “Even with the economy on top of the list......
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