Card issuer Marqeta has been helping U.K.-based Capital on Tap to expand its small business credit lending services to Spain, a press release says. With Marqeta’s services, Capital on Tap will be able to offer a €50,000 capital facility for small businesses, along with more transparency...
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. The largest Switzerland bank is looking into its supply chain finance funds, which hold short-term corporate loans and...
JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. The banks, combined, have set aside $66 billion for the prospect, which is likely due to...
A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). The Federal Trade Commission (FTC) asked a federal judge on Friday (April 17) to order Ponte Investments LLC of West...
October 19, 2021
United Kingdom-based peer-to-peer (P2P) lender Zopa has generated just shy of $304 million in its latest fundraising effort, according to a blog post on the company’s website on Monday (Oct. 18). Led by SoftBank Vision Fund 2, with contributions from Silverstripe, Northzone and Augmentum, the most recent funding drive will bolster the company’s goal of […]
June 24, 2020
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. The largest Switzerland...
April 30, 2020
JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. The...
April 17, 2020
A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). The Federal Trade Commission (FTC)...
