alternative lending

Facebook Teams With Mexico SMB Alt-Lender Konfio
Facebook Teams With Mexico SMB Alt-Lender Konfio
September 06, 2019  |  Facebook

Facebook is collaborating with a Mexico-based alternative small business lender with plans to launch a new program in the country aimed at strengthening local SMBs’...

READ MORE >
Ultimate Finance Nixes Unsecured Loans
Ultimate Finance Nixes Unsecured Loans
September 05, 2019  |  B2B Payments

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. Reports in Verdict.co.uk on Wednesday (Sept....

READ MORE >
UK Treasury On The Defensive Over Bank Referral Scheme
UK Treasury On The Defensive Over Bank Referral Scheme
September 04, 2019  |  B2B Payments

The U.K. government’s bank referral scheme, designed to connect small businesses that were rejected for a traditional bank loan to alternative lenders, has faced its...

READ MORE >
Kabbage Acquires SMB Data Analytics Firm Radius
Kabbage Acquires SMB Data Analytics Firm Radius
September 04, 2019  |  B2B Payments

Small business lending platform Kabbage has announced the acquisition of data analytics platform Radius Intelligence. In a press release on Tuesday (Sept. 3), Kabbage said...

READ MORE >
Workspace Sharing Entices B2B Venture Capital Dollars
Workspace Sharing Entices B2B Venture Capital Dollars
August 30, 2019  |  B2B Payments

U.S.-based B2B startups took control of the funding reins this week, with five of the seven newly-funded technology firms based stateside. More than $213 million...

READ MORE >
Chase Pay Demise And Gut Check On Lending Dominate Week’s News
Chase Pay Demise And Gut Check On Lending Dominate Week’s News
August 23, 2019  |  The Weekender

The PYMNTS Weekender has you covered with any news you might have missed over the past week. Among the stories we ran over the past...

READ MORE >
Europe Business Lender iwoca Awarded £10M Stipend
Europe Business Lender iwoca Awarded £10M Stipend
August 22, 2019  |  B2B Payments

A £10m grant from Banking Competition Remedies (BCR) was awarded to iwoca, one of Europe’s largest business lenders, as announced by iwoca in a press...

READ MORE >
Breaking Payments Stereotypes And Finding New Commerce Avenues
Breaking Payments Stereotypes And Finding New Commerce Avenues
August 20, 2019  |  Today In Data

As we mark an historic IPO anniversary, it’s becoming even more clear that mobile commerce stereotypes need to be overcome. Not only that, but there...

READ MORE >
 LendingClub CEO On Interest Rates, Credit … And The Bank Charter Quest 
 LendingClub CEO On Interest Rates, Credit … And The Bank Charter Quest 
August 19, 2019  |  Consumer Finance

Interest rates are volatile, fears of a recession are spiking, central banks are cutting rates. In an interview with Karen Webster, LendingClub CEO Scott Sanborn...

READ MORE >