The FICO score is arguably shorthand for creditworthiness — a triple-digit number that helps determine mortgages and all manner of debt that’s extended to applicants, and at what interest rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
HSBC has launched an embedded finance venture aimed at its business clients. 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. By completing...
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...
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...
Recurring revenue trading platform Pipe announced the offering is now available in the U.K., a growth initiative that has the company adding a pair of tech veterans to its international leadership ranks. Get the Full Story Complete the form to unlock this article and enjoy...
The digital compression of 2020 has drawn a wide range of speculation. Has it been ten years of change packed into one, as some have speculated? But maybe the most dramatic and realistic assessment comes from Pedro DePaula, director of MercadoLibre’s MercadoCrédito division. In Mercado’s home...
The pandemic has shone a spotlight on the urgent capital needs of small- to medium-sized businesses (SMBs) as they struggle with cash flow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...