Search Results for: small business

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market
Fintech News

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market

Business Wire
by Business Wire0
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately......
FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes
Lending News

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes

Business Wire
by Business Wire0
Key Facts SMB Digital Lending leverages advanced data analytics and machine learning to help banks profitably source, underwrite, and fund loans of any size to small and medium-sized businesses. The solution, launched in partnership with Lendio, is FIS’ first in a portfolio of digital banking solutions to focus specifically on......
Bluevine Adds Mastercard-Powered Small Business Credit Card to the Arsenal of Tools Available on its Banking Platform
Banking News

Bluevine Adds Mastercard-Powered Small Business Credit Card to the Arsenal of Tools Available on its Banking Platform

Business Wire
by Business Wire0
Bluevine Business Cashback Mastercard® Fully Integrates with Bluevine Business Checking for Seamless Cash Flow Management and Access to Capital to Fuel Business Growth Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard®1, which offers......
Relay Raises US$32.2 Million Series B to Solve The #1 Challenge Facing Small Businesses
Banking Business Fintech Investments News

Relay Raises US$32.2 Million Series B to Solve The #1 Challenge Facing Small Businesses

PR Newswire
by PR Newswire0
Half of U.S. small businesses operate with just 27 days of cash buffer—Relay’s banking platform gives them tools to extend their runway. Relay, the business banking platform that gives cash flow clarity to small businesses (SMBs), announced today the close of a US$32.2 million Series B financing round, led by Bain Capital......
Accion Launches $152.5M Fund Investing in Digital Transformation of Financial Institutions Serving Small Businesses Globally
Finance Fintech News

Accion Launches $152.5M Fund Investing in Digital Transformation of Financial Institutions Serving Small Businesses Globally

PR Newswire
by PR Newswire0
Global nonprofit Accion announces the launch of the Accion Digital Transformation Fund (ADTx). The $152.5 million fund seeks to enable financial institutions to better meet the needs of small businesses that are currently excluded from the financial system by providing growth capital and strategic support for digital transformation. The fund will build on......
Fiserv Small Business Index™ for April 2024: Sales at Retail and Service Businesses Grow, Discretionary Spend Slows
Finance Fintech News

Fiserv Small Business Index™ for April 2024: Sales at Retail and Service Businesses Grow, Discretionary Spend Slows

Business Wire
by Business Wire0
Fiserv Small Business Index grew to 145, up 4 points from March 2024 Small business sales grew 5.6% year-over-year, and 2.2% month-over-month Fiserv, Inc. a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index™ for April 2024. The Fiserv Small Business Index is......
Xplor Technologies Unveils Financing Solution for Small Businesses
Finance Fintech News

Xplor Technologies Unveils Financing Solution for Small Businesses

PR Newswire
by PR Newswire0
The new product aims to counter traditional lending processes by getting funds into the hand of business owners more efficiently Xplor Technologies, a leading global platform combining SaaS solutions, embedded payments, and Commerce Accelerating Technologies for “everyday life” businesses, today announced the launch of Xplor Capital, a streamlined fintech experience......
Finastra Launches Small Business Data Collection Solution to Help Financial Institutions Comply with DFA 1071
Fintech News

Finastra Launches Small Business Data Collection Solution to Help Financial Institutions Comply with DFA 1071

PR Newswire
by PR Newswire0
The module, deployed as part of Finastra’s LaserPro Compliance Reporter solution, streamlines data collection, validation, storage, report generation, and the annual filing process, saving financial institutions time and effort while ensuring accuracy and regulatory compliance. Finastra, a global provider of financial software applications and marketplaces, announced the launch of its......
Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses
Fintech News

Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses

PR Newswire
by PR Newswire0
This new funding will continue to fuel Hello Alice’s expansion of its capital offerings and AI-driven financial health tools for small businesses. Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections and opportunities, announced the close of a Series C funding round with QED Investors, as......
Mastercard-Announces-New-Cardholder-Benefits-to-Enhance-Health-&-Wellness,-Travel-and-Lifestyle-Rewards-for-Consumers,-Small-Businesses
Finance Fintech News

Mastercard Announces New Cardholder Benefits to Enhance Health & Wellness, Travel and Lifestyle Rewards for Consumers, Small Businesses

Fintech News Desk
by Fintech News Desk0
Mastercard consumer and small business cardholders will receive benefits from Mastercard’s new partnership, and continued partnerships with Instacart, Lyft, Peacock, ShopRunner, and others, to help deliver the highest value from their everyday spending and protection as they shop and run their business. Mastercard announced new credit card benefits, working with......
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