Online lender Avant has just announced a rather large new funding round: $325 million. That big pick-up has led to a large valuation spike, and the firm is now likely a confirmed unicorn, with a value well over $1 billion — Fortune reports it is about $2 billion....
The CFPB has finalized a set of rules aimed at driving responsible lending from small creditors, following a proposal that was introduced in January. As part of the new rules pushed forward by the bureau, there are also more provisions to allow for smaller lenders...
For SMB service providers like PayPal, Square and Intuit, a clear vision into your partner’s cash flow comes part and parcel with the job. And, as all three firms have shown in recent months, that data comes preloaded with the potential for building out additional...
Alternative lending is such a part of the mainstream that it’s easy to forget just how fast it has gotten so big. A decade ago it almost didn’t exist – today it’s billions of dollars in loan volume to tens of millions of consumers...
As concerns over the mounting student loan debt facing the U.S. continue to grow, venture capitalists are looking to startups offering alternative financing solutions as a solid investment. CommonBond, a lending platform marketplace aimed at students looking to fund their college education, announced yesterday (Sept. 8)...
While we live in the “there’s an app for that” era, most SMBs don’t want to build an app or don’t have the ability to do so in a productive way. Facebook wants to help by allowing them to customize their business pages such that...
Results from a new survey show that optimism among U.S. small business owners is continuing to trend upward — keeping in line with what’s been seen for most of the past three years. The results of the latest Dun & Bradstreet and Pepperdine Private Capital Access...
Sweden-based mobile payment firm iZettle is often compared to Square. And the comparison is certainly not entirely unwarranted, as both firms are known for essentially the same achievement: enabling small businesses and micro-merchants to accept card payments, albeit in two very different marketplaces with rather...
iZettle — the Swedish-based mobile payments company that serves Europe and Latin America — has launched iZettle Advance to help small businesses across Europe gain access to capital with an advance on future card sales. This launch comes at the same time the company announced it has closed...