loans

FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed

FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

READ MORE >
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
May 14, 2021  |  The Weekender

In this week’s news, we saw a report that the Justice Department is conducting a civil probe into whether some FinTechs distributing Payroll Protection Program...

READ MORE >
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021  |  Cross-border Payments

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool...

READ MORE >
Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day Delivery
Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day...
May 12, 2021  |  News

In today’s top news, eBay will offer loans to U.K. small- to medium-sized businesses (SMBs), and Rite Aid will offer same-day delivery through DoorDash. Plus,...

READ MORE >
Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
May 12, 2021  |  Mobile

Consumer lending and borrowing is a tale of worry and wonderment since COVID-19 appeared to trigger a capricious series of economic disasters. Corporations are still...

READ MORE >
eBay Makes Move Into Financial Services With UK Small Business Loans
eBay Makes Move Into Financial Services With UK Small Business Loans
May 12, 2021  |  Loans

eBay is launching a new financial services tool — Capital for eBay Business Sellers (CEBS) — that will extend loans to the small businesses selling...

READ MORE >
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
May 10, 2021  |  Loans

Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...

READ MORE >
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
May 09, 2021  |  Loans

The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...

READ MORE >