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Monopolizing The SMB Customer Relationship Through Embedded Finance

Monopolizing The SMB Customer Relationship Through Embedded Finance
Monopolizing The SMB Customer Relationship Through Embedded Finance
February 18, 2021  |  B2B Payments

Traditional financial institutions are facing new competitive pressures from sources beyond the emergence of FinTechs. The rise of neobanks and the opportunity for companies to...

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Indian Digital Lending Startup KreditBee Raises $75 Million
Indian Digital Lending Startup KreditBee Raises $75 Million
February 17, 2021  |  Investments

Indian lending startup KreditBee, based in Bengaluru, is coming off a Series C round with $75 million, Mint reported. Get the Full Story Complete the form...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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Atom Collaborates With Plaid On SMB Open Banking
Atom Collaborates With Plaid On SMB Open Banking
February 16, 2021  |  B2B Payments

To launch open banking services for its clients, British financial institution Atom is teaming with open finance platform Plaid. The latter company lets clients provide...

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American Express Brings SME Loans To Canada
American Express Brings SME Loans To Canada
February 11, 2021  |  B2B Payments

American Express is rolling out business loans in Canada in an international extension of its current corporate financing offerings. American Express, which is working with...

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Everyday Credit FinTech OppFi Will Go Public Via SPAC
Everyday Credit FinTech OppFi Will Go Public Via SPAC
February 11, 2021  |  IPO

FinTech platform Opportunity Financial (OppFi) has entered into an agreement with special purpose acquisition company (SPAC) FG New American Acquisition Corp. (FGNA) to become a...

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Today In Payments: FIS Q4 Earnings Show Strength In Loyalty-Based POS Pipeline; Fiserv Q4 Earnings Make Digital-First Star
Today In Payments: FIS Q4 Earnings Show Strength In Loyalty-Based POS Pipeline; Fiserv Q4 Earnings...
February 10, 2021  |  News

In today’s top news, FIS reported earnings that showed a rise in POS loyalty programs, and Fiserv’s earnings focused on its digital products. Plus, Shopify’s...

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Bonds Backed By Auto Loans Hit Multi-Year Highs
Bonds Backed By Auto Loans Hit Multi-Year Highs
February 10, 2021  |  Loans

Bonds backed by auto loans are seeing an unprecedented rise in prices, the Financial Times (FT) reports. Get the Full Story Complete the form to...

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Main Street Lending Program Ends With Just $17.5 Billion Disbursed
Main Street Lending Program Ends With Just $17.5 Billion Disbursed
February 09, 2021  |  Loans

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion,...

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