Embedded lending’s usage around the globe has been growing — but as we enter new cycles of technology and seamless interactions, we’ll see more consumers and businesses turn to a growing set of use cases where they get the financing they need to get the...
Forward Financing has increased its existing $250 million credit facility to $450 million to support continued growth of its revenue-based financing for small businesses across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Have you ever been in the process of paying for a purchase — either online or in a retail outlet — only to be prompted to apply for a new credit card to cover your purchase or to disperse your payments over a set period...
Embedded lending may gain new consideration at the point of sale as cash-strapped consumers grapple with the pain of emergency expenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The utilization of working capital solutions among Growth Corporates in North America has transcended the conventional focus solely on investment purposes. Insights detailed in the “2023-2024 Growth Corporates Working Capital Index (WCI): North America Edition” by PYMNTS Intelligence underscores this evolution, shedding light on the...
SumUp has raised a $100 million credit facility to launch a merchant financing solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating interest rate hikes and rising inflation, which are affecting cash flow, said Mike Randall, CEO and co-founder at Simply Asset...