cash advance

SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Finances

SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to...

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HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments
HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments
September 30, 2021  |  Payment Methods

In the latest news, artists’ financial rights organization HIFI is acquiring royalty payments FinTech The Music Fund (TMF) in a deal aimed at addressing the notion of a starving artist....

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Patreon Debuts Cash Advances For Users
Patreon Debuts Cash Advances For Users
February 18, 2020  |  Loans

Patreon, known for its platform for content creators to earn money from fans, will be entering the micro-loan business, according to reports. The platform will allow...

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FTC Wants Tighter Small Biz Lending Scrutiny
FTC Wants Tighter Small Biz Lending Scrutiny
May 08, 2019  |  B2B Payments

The U.S. Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat...

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Merchant Cash Advance Firms In NY AG’s Crosshairs
Merchant Cash Advance Firms In NY AG’s Crosshairs
December 04, 2018  |  Alternative Finances

The NY AG is looking into how state courts are a weapon against small business owners, who sign documents that allow merchant cash advance firms...

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Stripe Mulls Cash Advance Service For SMBs
Stripe Mulls Cash Advance Service For SMBs
September 24, 2018  |  Loans

Stripe, the digital payments startup, is reportedly testing a new cash advance service for its business customers. According to reports, the new service would provide...

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Alt Lending Start Up Cashes In Another $39M
Alt Lending Start Up Cashes In Another $39M
September 22, 2017  |  Startups

Alternative lending startup Activehours has raised another $39 million in financing, bringing its total raise to nearly $65 million since its 2013 launch. According to...

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ZipBooks, Speeding B2B Cash Flow Efficiency
ZipBooks, Speeding B2B Cash Flow Efficiency
March 02, 2016  |  B2B Payments

FinTech firm ZipBooks has introduced accounting software for small to mid-sized enterprises, aimed at doing more than just crunching numbers — it is also a...

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