alternative lending

BitX Funding Strikes Equipment Finance Alliance
BitX Funding Strikes Equipment Finance Alliance
May 29, 2019  |  B2B Payments

Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday...

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PayPal Hits $10B SMB Lending Milestone
PayPal Hits $10B SMB Lending Milestone
May 29, 2019  |  Loans

Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have...

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Multibillion-Dollar B2B FinTech Firms Emerge From Investors’ Pockets
Multibillion-Dollar B2B FinTech Firms Emerge From Investors’ Pockets
May 24, 2019  |  B2B Payments

The B2B FinTech market flexed its muscles this week, with investments landing at alternative small business lending, payroll and Software-as-a-Service (SaaS). However, the big news...

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Shadow Banking Casts Shadows Over Economic Heavyweights
Shadow Banking Casts Shadows Over Economic Heavyweights
May 22, 2019  |  B2B Payments

The U.S. and China have begun to concern some economists with record levels of corporate debt. However, when U.S. Federal Reserve Chairman Jerome Powell spoke...

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Biz2Credit White Labels SMB Lending Tech For Banks
Biz2Credit White Labels SMB Lending Tech For Banks
May 22, 2019  |  B2B Payments

Small business lending platform Biz2Credit is rolling out a new technology designed to help traditional financial institutions strengthen their small to medium-sized business (SMB) lending...

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Kenya Banks Take On AltFin With Mobile SMB Lending Tool
Kenya Banks Take On AltFin With Mobile SMB Lending Tool
May 21, 2019  |  B2B Payments

Kenya is deploying mobile lending initiatives in an effort to address the small business credit gap. Reports in Reuters on Monday (May 20) said five...

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Prospa Lowers Interest Rates In Second Go At IPO
Prospa Lowers Interest Rates In Second Go At IPO
May 17, 2019  |  B2B Payments

More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public —...

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AI Leads More Than $1B In Funding For B2B Startups
AI Leads More Than $1B In Funding For B2B Startups
May 10, 2019  |  B2B Payments

The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1 billion in B2B...

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Higher Fees Drive LendingClub’s Earnings Beat
Higher Fees Drive LendingClub’s Earnings Beat
May 08, 2019  |  Alternative Finances

Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the...

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