Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Rival BNPL company Afterpay’s application was approved by the state. Get the Full Story Complete the form to unlock this...
As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital loan applications increased 19 percent year over year, according to The Wall Street Journal. Get...
U.S. business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Student loan personal finance platform Pillar has launched a gift initiative for the holidays called Boost, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Running a small business is not for the faint of heart — or the deeply optimistic. 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...
One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. That test is playing out in Brazil, the largest country in South America, and one of the largest...
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards imposed by the U.S. Environmental Protection Agency has been questioned by the Trump administration. Get...
The largest smartphone company in India, Xiaomi, has started a credit platform designed to attract young professionals and millennials in the country, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Goldman Sachs is loaning $125 million to Mercado Crédito, a unit of MercadoLibre. 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 Today....
