After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for loans amid the pandemic. Lenders, with the inclusion of Santander, Deutsche Bank, Barclays and HSBC, are holding internal probes to...
Tide Capital, now accredited as a lender, will have the authority to distribute loans between £2,000 and £50,000 during the coronavirus pandemic to struggling businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine, meaning it has achieved a valuation of at least $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In emerging markets, expanding access to financial services for small- to medium-sized businesses (SMBs) is imperative to promoting wider economic growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The pandemic continues to drive forward the conversation about B2B supplier payment habits, as some retailers vow to maintain timely payment terms to promote the cash flow of their vendor partners, while others choose to delay payment to preserve their own working capital needs. The...
Venture capital (VC) firm FINTOP Capital closed FINTOP Fund II with $126 million, surpassing the company’s goal of $100 million, FINTOP said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to restructure, according to a U.S. Securities and Exchange Commission (SEC) filing. Get the Full Story Complete the form to unlock...
Esticom, a cloud-based estimating software that aims to aid contractors, is partnering with Foundation Software to help construction company management by streamlining the exchange of job costing data between estimating, accounting and project management, according to a press release. Get the Full Story Complete the...
Trade finance firm Drip Capital has introduced a new solution called GoTrade to help companies receiving shipments of meat, seafood and other such commodities get B2B payments quicker than usual, according to a press release. Get the Full Story Complete the form to unlock this...
