Search Results for: business owners

Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
Finastra Collaborates With Microsoft to Bring Embedded Financing Options to Thousands of Businesses With BaaS
Banking News

Finastra Collaborates With Microsoft to Bring Embedded Financing Options to Thousands of Businesses With BaaS

Fintech News Desk
Small and medium enterprises will be able to access vital funding options faster, from within Microsoft Dynamics 365 Finastra announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to......
Centime Announces Strategic Integration with Sage Intacct, Expanding Its Ecosystem for Enhanced Financial Management
Fintech News

Centime Launches Comprehensive Cash Flow Control Solution for Small and Mid-Sized Businesses

Fintech News Desk
Boston-based fintech partners with First National Bank of Omaha (FNBO) to develop SaaS solution to manage key aspects of cash flow control lifecycle: forecasting, managing receivables and payables, and obtaining credit Centime, a Boston-based fintech, launched Cash Flow Control: a first-of-a-kind solution purpose built to help small and mid-sized businesses control and......
OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide
Banking News

OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide

Fintech News Desk
Largest Black-Owned Bank Joins with Black-Led Small Business Lender OneUnited Bank, the nation’s largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank’s continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines......
MoCaFi Partners with FinLocker and TransUnion to Empower Black Americans to Build Credit and Wealth Through Homeownership
Fintech News

MoCaFi Partners with FinLocker and TransUnion to Empower Black Americans to Build Credit and Wealth Through Homeownership

Fintech News Desk
The Blueprint by MoCaFi is a personal finance app that helps aspiring wealth-builders improve their spending, budgeting, credit health, financial knowledge, and opportunities to access capital Homeownership is the primary source of household and generational wealth for most Americans. Yet there is a disproportionate homeownership gap between Black and White......
Finhabits Expands Offerings with 401k Plans for Minority-Owned Businesses in California
Fintech News

Finhabits Expands Offerings with 401k Plans for Minority-Owned Businesses in California

Fintech News Desk
The bilingual financial wellness platform by Latinos for Latinos scales its retirement savings solutions with the new Finhabits 401k plan  Finhabits, a market-leading U.S. fintech provider by Latinos for Latinos, announced the expansion of its retirement solutions with the launch of the Finhabits 401k plans. The new retirement plans by Finhabits are designed to......
BMO Joins Leading US Banks in Support of Ownership Works, to Help Create Wealth for Working Families
Business Finance News

BMO Joins Leading US Banks in Support of Ownership Works, to Help Create Wealth for Working Families

Fintech News Desk
Ownership Works and founding partners to advocate for and implement employee  ownership programs that create economic opportunity for working families, advance racial equity, enhance employee engagement and build stronger companies BMO Financial Group (BMO) announced its partnership with Ownership Works, a new nonprofit with a mission to increase prosperity through......
Clyde Launches Ownership Enrichment Platform To Help Brands Maximize Post-Purchase Opportunities
Business News

Clyde Launches Ownership Enrichment Platform To Help Brands Maximize Post-Purchase Opportunities

Fintech News Desk
Clyde unites product protection, registration and issue resolution to help brands and retailers drive lifetime value and strengthen brand loyalty Clyde, an ownership enrichment company, announced the launch of its Ownership Enrichment Platform, which helps brands deepen customer relationships and drive lifetime value through reimagined product protection, registration and issue......
Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey
Investment Services News

Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey

Fintech News Desk
Pinnacle Investments, LLC, a 25-year-old investment firm headquartered in Syracuse, expanded their business in Morristown, New Jersey with the procurement of three reps formerly affiliated with The Variable Annuity Life Insurance Company (VALIC). Andrea Coladarci, Adam DeSimone, and Adam Gartside, now doing business as Prime Wealth Group, each left VALIC Friday after 11, 3, and 2 years......
FinAccel, Parent of Kredivo, Acquires the Majority Ownership of Bank Bisnis, Planning an Entry into Digital Banking
Banking News

FinAccel, Parent of Kredivo, Acquires the Majority Ownership of Bank Bisnis, Planning an Entry into Digital Banking

Fintech News Desk
The acquisition is the first instance of a pure-play fintech company acquiring a majority stake in a local Indonesian bank PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel Pte Ltd, the parent company of Kredivo, has announced the acquisition of a majority stake in PT Bank Bisnis Internasional,......
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