Tag : business

Non-Bank Lender Leading the Way in Small Business Funding
Banking Business Finance News

Non-Bank Lender Leading the Way in Small Business Funding

Fintech News Desk
by Fintech News Desk0
As many enterprising small business owners would know, getting finance can be a major thorn in the side, with one in every four small and medium enterprises (SMEs) getting rejected by banks. According to the Australian Banking Association, 60 per cent of aspiring small business owners say that access to......
Basware Launches E-Invoice Receiving Solution Compliant with China Fapiao Regulations
Business News

Basware Launches E-Invoice Receiving Solution Compliant with China Fapiao Regulations

Fintech News Desk
by Fintech News Desk0
Basware is pleased to now offer a fapiao-compliant e-invoice receiving and validation solution. Via its Chinese partner, Shanghai Yodoo Information & Technology Co., Ltd., Basware connects its network to the Golden Tax System (GTS), enabling effortless validation of all local VAT invoices, known as fapiaos, against the GTS interface. “This milestone provides......
Drip Capital Closes $40 Million Committed Warehouse Credit Facility
Fintech News

Drip Capital Closes $40 Million Committed Warehouse Credit Facility From East West Bancorp To Facilitate Trade Finance To Small Businesses

Fintech News Desk
by Fintech News Desk0
Drip Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce a US$ 40M committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs). “Drip is growing at a rapid pace and institutional partnerships are a cornerstone of our capital markets strategy. The......
Slate Asset Management Announces US$2.33 Billion Portfolio and Platform Acquisition from Annaly Capital Management, Inc.
Finance Investment Services Investments News

Slate Asset Management Announces US$2.33 Billion Portfolio and Platform Acquisition from Annaly Capital Management, Inc.

Fintech News Desk
by Fintech News Desk0
Transaction demonstrates Slate Asset Management’s ability to execute complex transaction at opportunistic time in the market cycle Slate Asset Management (“Slate”), a leading alternative asset management platform with a focus on real estate, has announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management, Inc. (“Annaly”)......
Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020
Finance Fintech News

Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020

Fintech News Desk
by Fintech News Desk0
Analysis of 40,000 Firms Finds Revenues and Costs Down; Texas and California Are The Top States for Loan Requests from Women-Owned Firms The annual Biz2Credit Women-Owned Business Study found that although revenues dropped for women-owned firms in 2020, their earnings grew, primarily because expenses decreased during the pandemic. Women-owned business earnings averaged......
Shift4 Payments Named the Payment Processing Partner of the San Diego Padres
Commerce Digital Payments News

Shift4 Payments Named the Payment Processing Partner of the San Diego Padres

Fintech News Desk
by Fintech News Desk0
Shift4 Will Power All Payment Processing for Concessions and Retail at Petco Park Shift4 Payments, a leading provider of integrated payment processing solutions, is proud to announce its designation as the Payment Processing Partner of the San Diego Padres. “We are excited to be the Payment Processing Partner of the......
Ibotta Names Sunit Patel Chief Financial Officer
Business Finance Fintech News

Ibotta Names Sunit Patel Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Rewards Platform Taps Executive with Strong Public Company Experience to Oversee Financial Operations Ibotta, the leading cash back rewards platform in the United States, announced that Sunit Patel has joined the company as its Chief Financial Officer. Sunit brings to Ibotta more than 25 years of executive leadership experience and 60 quarters......
Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services
Banking Digital Digital Payments Fintech

Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services

Fintech News Desk
by Fintech News Desk0
The biggest names in finance invest in Greenwood including 6 of the top 7 banks and others – Truist, Bank of America, PNC, JPMorgan Chase, Wells Fargo, Mastercard, Visa, and SoftBank Greenwood, the digital banking platform for Black and Latino individuals and business owners, announced it has closed $40 million of......
Moneygram Introduces A New Commercial Line, Moneygram as a Service, Aimed At Business Customers
Business Digital Payments News

Moneygram Introduces a New Commercial Line, Moneygram as a Service, Aimed at Business Customers

Fintech News Desk
by Fintech News Desk0
Next phase of digital transformation opens MoneyGram’s leading global money transfer network and API-driven infrastructure to new businesses and use cases The launch begins with a successful integration of the G-Coin token to provide consumers with a new way to access digital gold assets backed by blockchain technology. MoneyGram International,......
G2 Names FinancialForce the Top Professional Services Automation Software for the Enterprise for Ninth Consecutive Quarter
Business Finance Fintech News

G2 Names FinancialForce the Top Professional Services Automation Software for the Enterprise for Ninth Consecutive Quarter

Fintech News Desk
by Fintech News Desk0
FinancialForce also named #1 PSA for Mid-Market Businesses and Leader in Accounting FinancialForce, the leading customer-centric ERP and #1 professional services automation (PSA) business suite, has been named the #1 vendor in G2’s Spring 2021 Enterprise and Mid-Market PSA Grid Reports, marking the ninth consecutive quarter as the top PSA for the enterprise.......
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