Alternative Finances

Lendio’s $20.5M Rise To Help SMBs Get Loans
March 26, 2015

Small-business lending marketplace Lendio has closed a $20.5 million funding round to grow its team and partnerships, the company announced on Tuesday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Alternative Finances
Consumer Finance Startup Kreditech Breached
March 25, 2015

Micro-loan startup Kreditech is investigating a November 2014 data breach that resulted in hackers posting the personal and financial records of thousands of applicants online, Krebs on Security reported on Tuesday (March 24). Get the Full Story Complete the form to unlock this article and...

Global E-Money Service Remitly Raises $12.5M
March 25, 2015

Seattle-based startup Remitly has raised another $12.5 million to help Indian and Filipino immigrants send money home from the U.S., according to a March 19 press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Alternative Finances
Prepaid Group Urges CFPB To Back Off
March 24, 2015

Yesterday (March 23) the Network Branded Prepaid Card Association (NBPCA) formally requested that the CFPB show “restraint” as it goes into its final rule making on prepaid products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Ferguson Turns To Crowdsourcing To Rebuild Broken Business
March 23, 2015

In the months and weeks after the shooting of Michael Brown by Ferguson police, the waves of protests and riots that followed have left the small business owners in the area with an expensive set of problems. Get the Full Story Complete the form to...

Alternative Finances
Fundbox Picks Up $40 Million For On-Demand Invoicing
March 20, 2015

Invoice-lending startup Fundbox has pulled in another $40 million from investors to help small businesses survive until they get paid for outstanding invoices, TechCrunch reported on Thursday (March 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

UK Government Pushes Digital Currency Regulation
March 19, 2015

The U.K. government plans to impose anti-money laundering (AML) regulations on bitcoin exchanges, beef up law-enforcement capabilities for spotting criminal use of digital currencies, and work with the digital currency industry on consumer protection standards, according to a British Treasury report issued this month. Get...

Big Banks And Loan Platforms’ Speed Wins Best SME Loan Customers
March 17, 2015

Successful small businesses want loans faster, and that means they’re turning to big banks and marketplace lending platforms instead of small banks, according to a monthly report from Biz2Credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Square Discontinuing Order App
March 16, 2015

Just about a year ago Square pulled its consumer facing digital wallet – Square Wallet – in favor of a new app called Order. Order allowed consumers to place their coffee order (and purchase it) from their smart phone. Get the Full Story Complete the...