Search Results for: lending service

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Banking News

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago. Meanwhile, small banks’ approvals also rose from 18.9% in June to 19.1% in July, according to the latest Biz2Credit Small Business Lending Index released today. The approval percentage at small banks is......
FirstBank Expands Partnership with Jack Henry to Digitize Lending
Banking Digital Fintech Mobile Banking News

FirstBank Expands Partnership with Jack Henry to Digitize Lending

Fintech News Desk
by Fintech News Desk0
Rapidly growing bank modernizes commercial lending, extending digital-first approach  Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that the $11.9 billion-asset FirstBank has expanded its partnership with Jack Henry, selecting the company’s digital commercial loan platform......
Key Mortgage Services Names Top Industry Executive Ralph Melbourne As New President
Mortgage News

Key Mortgage Services Names Top Industry Executive Ralph Melbourne As New President

Fintech News Desk
by Fintech News Desk0
Chicago-based Key Mortgage Services announced the hiring of top industry executive Ralph Melbourne as its new president. Selected after Key Mortgage engaged in a nationwide search, the Chicago-area financial services professional begins his new role immediately at the mortgage arm of Baird & Warner, Illinois’ largest family-owned independent real estate services company.......
Abra Partners with Leonie Hill Capital to Increase Access to Crypto Lending and High Yield Markets
Business Cryptocurrency News

Abra Partners with Leonie Hill Capital to Increase Access to Crypto Lending and High Yield Markets

Fintech News Desk
by Fintech News Desk0
Abra allows Asian institutions and consumers to leverage crypto as a liquid, mainstream asset class, providing secure custody, crypto lending, buying, trading, borrowing and the ability to earn interest Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, announced a new partnership......
Numerated Adds New Secured Lending Features to Its Digital Lending Platform for Banks & Credit Unions
Banking Business Fintech News

Numerated Adds New Secured Lending Features to Its Digital Lending Platform for Banks & Credit Unions

Fintech News Desk
by Fintech News Desk0
Financial institutions like Banc of California are now benefitting from a single digital lending platform for unsecured and secured business lending products Numerated, the fast-growing fintech making business banking easy for financial institutions and their clients, has added new secured lending features to its digital lending platform to take the......
Figure Announces Merger With Top Mortgage Lender Homebridge Financial Services
Blockchain Fintech News

Figure Announces Merger With Top Mortgage Lender Homebridge Financial Services

Fintech News Desk
by Fintech News Desk0
Merger Pairs Blockchain Tech, Brand Loyalty, Multiple Product Lines with $25 Billion plus Mortgage Originator Homebridge and 150,000 Customers Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced it has signed an agreement to merge with Homebridge Financial Services in a landmark deal......
LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck
Banking Fintech News

LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, released findings from its second  Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS. The first report found that the majority of Americans (54 percent) living paycheck-to-paycheck; this second August edition examines regional differences. The key takeaway: In......
Greenbox Capital, Alternative Lending's Rising Star, Acquires Level Up Funding
Fintech News

Greenbox Capital, Alternative Lending’s Rising Star, Acquires Level Up Funding

Fintech News Desk
by Fintech News Desk0
Acquisition is founded on shared values and a commitment to creating innovative solutions using latest technologies, automation and predictive models to increase speed of funding Greenbox Capital, a fintech in the alternative industry providing small businesses access to working capital, announces the acquisition of Level Up Funding. This acquisition will......
Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse
Fintech News

Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse

Fintech News Desk
by Fintech News Desk0
The new credit facility will help LendingUSA expand its products and services to fuel its future growth LendingUSA, a leading provider of point-of-sale financing, has closed a new credit facility of $200 million from Atalaya Capital Management and Credit Suisse. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the......
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