funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

FinTech Faces Hurdles Making SBA Loans
FinTech Faces Hurdles Making SBA Loans
April 16, 2020  |  Digital Banking

PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was...

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Stripe Notches $600M In Extended Series G Funding Round
Stripe Notches $600M In Extended Series G Funding Round
April 16, 2020  |  Investments

As COVID-19 moves the economy online, Stripe unveiled an extension of its Series G funding round. The company brought in $600 million in additional funding from investors...

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SBA Small Business Loan Program Is Out Of Cash
SBA Small Business Loan Program Is Out Of Cash
April 16, 2020  |  Loans

There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has reported that the $349 billion intended to keep small businesses afloat...

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Data Sharing, XaaS Target SMB Financing Efficiencies
Data Sharing, XaaS Target SMB Financing Efficiencies
April 16, 2020  |  B2B Payments

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to...

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Airlines And Restaurants Grapple With The Capacity And Cash Burn Challenges
Airlines And Restaurants Grapple With The Capacity And Cash Burn Challenges
April 15, 2020  |  Coronavirus

The coronavirus has challenged any number of businesses on several levels – and among the most challenged verticals have been the restaurant and airline segments....

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SBA On PPP Numbers: One Million Loans, $247B (So Far)
SBA On PPP Numbers: One Million Loans, $247B (So Far)
April 15, 2020  |  Loans

In just over a week, the Paycheck Protection Program (PPP) has approved more than one million loans, for a total gross dollar value, as of...

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General Atlantic, Tripp Smith Look To Spend $5B Fund On Coronavirus-Stricken Firms
General Atlantic, Tripp Smith Look To Spend $5B Fund On Coronavirus-Stricken Firms
April 14, 2020  |  Investments

To provide firms impacted by the coronavirus pandemic with financing, General Atlantic has joined forces with Tripp Smith. The private equity firm is creating a joint venture...

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VC Funding Rebounds In China As COVID-19 Lockdown Ends
VC Funding Rebounds In China As COVID-19 Lockdown Ends
April 14, 2020  |  Startups

Venture capital funding is starting to bounce back in China after the coronavirus triggered a slowdown in what was already a stagnant climate for startups,...

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Small Business Economic Survival Amid The Coronavirus Pandemic
Small Business Economic Survival Amid The Coronavirus Pandemic
April 14, 2020  |  Today In Data

The SBA PPP rescue relief effort started taking applications from banks on behalf of their small business customers on April 3. Many of those small and medium-sized...

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