Following its disclosure that JPMorgan Chase would no longer originate new small business loans through OnDeck’s platform hosting Chase Business Quick Capital, shares in OnDeck fell 22 percent. However, the company will still function as a servicer for up to two years when it comes...
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. In a press release, ICBA Bancard said the partnership with MK Decision streamlines its credit card application process...
An online loan site, launched in November by Prime Minister of India Narendra Modi, is now the largest online lending platform in the country. The site, PSBloansin59minutes.com (PSB59), offers credit of up to Rs 1 crore (nearly $141,225 USD) to micro, small and medium enterprises...
Alternative small business lender Fundation has struck a new partnership with another financial institution, the company revealed Wednesday (Jan. 23). In a press release, Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit...
November 21, 2022
Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for underserved Canadian consumers. Fora Credit is now available in Alberta and Ontario and will be rolled out into additional provinces in the coming months, Propel said Monday (Nov. 21) in […]
July 29, 2019
Following its disclosure that JPMorgan Chase would no longer originate new small business loans through OnDeck’s platform hosting Chase Business Quick Capital, shares in OnDeck fell 22 percent. However, the...
March 28, 2019
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. In a press...
December 17, 2018
Saxo Bank is gearing up to acquire BinckBank in a $480 million deal as it aims to expand in the online trading and investment markets. Reuters, citing Saxo Chief Executive...
