The European Union and many of its individual member states are working on ways to improve SMEs’ access to working capital on the understanding that small businesses are the backbone to economic strength and employment. These efforts are largely fueled by the impacts of the...
While alternative lending in the U.S. and throughout Europe has secured significant backing from venture capitalists, in China, the market is largely led by Alibaba through partnerships with alt lenders abroad to boost small, domestic suppliers. Get the Full Story Complete the form to unlock...
Wholesale retail chain Sam’s Club is gearing up to launch its small business lending center, reports revealed last week. The Walmart-owned store said it is looking to strengthen its business relationships with smaller suppliers by rolling out a program to offer loans of up to...
Lending Club’s wildly successful initial public offering late last year, topping $1 billion, is largely credited for legitimizing the alternative finance market. But until now, Lending Club’s online peer-to-peer lending platform was only accessible to individual consumers. Get the Full Story Complete the form to...
U.K. alternative lender iwoca has seen significant growth this year, recently striking a deal with Alibaba to secure funding for small businesses across the U.K. that want to procure goods from Chinese suppliers. The company announced its latest business venture last Friday (April 24) that...
The financial technology sector is one of the hottest investment spots in the game, but you won’t often find banks jumping in on the action, according to a new report that surveyed 40 FinTech startups across 23 nations. Get the Full Story Complete the form...
Data is critical to the successful operation of any business, but in the age of the Internet of Things and Big Data, many small businesses are often drowning in information without anyway to sort or analyze it. Get the Full Story Complete the form to...
Europe’s largest software company, SAP, saw first quarter profits increase by 15 percent to €1.06 billion ($1.13 billion), compared with the first three months of 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After months of head-to-head innovative competition, Alibaba has picked the winners of its first-ever Outstanding B2B eCommerce Business Competition, held in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
