It’s now clear where this month’s $10.5 million in funding for investment app Acorns came from — and what it’s for. On Wednesday (April 15) Acorns said it has raised $23 million in a funding round that will let it launch its first app for...
Alternative lenders Prosper Marketplace and OnDeck Capital are tightening up an already close relationship by agreeing to share strategy as well as exchange loan referrals, the companies announced this week at the LendIt conference in New York. Get the Full Story Complete the form to...
Yahoo, flush with cash from the sale of its stake in Alibaba and anxious to remake itself as a mobile-based business, may be in late-stage discussions to acquire Foursquare, according to TechCrunch — which admits that even its own sources at Yahoo don’t agree on...
Lending Club and Citi will work together to facilitate up to $150 million in loans to low- and moderate-income borrowers in underserved communities, the alt-lender and bank jointly announced on Tuesday (April 14). Get the Full Story Complete the form to unlock this article and...
Small businesses are attracted to alternative lenders largely due to their ease and speed at which they can approve SME applicants and hand over funds. One FinTech holding company hopes to provide an even faster process for small business borrowers thanks to its integration with...
Businesses’ inventories are bursting at the seams, and that could spell bad news for suppliers – and the economy as a whole. That’s the view from the Commerce Department, which recently published its latest report on business inventories Tuesday (April 14). Get the Full Story...
Technology giants Apple and IBM are chipping away at their goal to release 100 enterprise apps by the end of the year, a feat that would be the culmination of their recent partnership aimed at the B2B world. Get the Full Story Complete the form...
Lendio is expanding to the Big Apple, thanks to an acquisition following a multimillion-dollar funding round. The online SME lending matchmaker announced Tuesday (April 14) that it struck a deal to purchase small business finance facilitator Business Bounce, based in New York City. Get the...
Cross-border commerce is one of the largest challenges for today’s eCommerce firms. While purchasers want greater choice – even if it means buying products from another country – foreign exchange and regulatory issues complicate the process for merchants and payment processors alike. Get the Full...
