alternative lending

OnDeck Launches Same Day ACH Service For SMB Borrowers
OnDeck Launches Same Day ACH Service For SMB Borrowers
April 05, 2019  |  B2B Payments

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. In an announcement on...

READ MORE >
Funding Circle Decides To Close Troubled SME Income Fund
Funding Circle Decides To Close Troubled SME Income Fund
April 05, 2019  |  B2B Payments

After months of strategy adjustments, loan defaults and shifts in market exposure, Funding Circle’s SME Income Fund is set to close, sending shares down for...

READ MORE >
OnDeck Completes Evolocity Merger In Canada
OnDeck Completes Evolocity Merger In Canada
April 03, 2019  |  B2B Payments

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. The company announced in a...

READ MORE >
Fundbox Strengthens Synchrony’s SMB Financing Position
Fundbox Strengthens Synchrony’s SMB Financing Position
March 28, 2019  |  B2B Payments

B2B payments and finance company Fundbox is expanding its partnership with consumer financial services company Synchrony in a deal that will expand the latter’s position...

READ MORE >
Building A Better On-Ramp For Credit Repair
Building A Better On-Ramp For Credit Repair
March 26, 2019  |  Alternative Finances

Self Lender Founder James Garvey never thought he would go into financial services, and certainly never thought financial inclusion would become a personal passion. As a...

READ MORE >
Has Alternative Lending Seen Its VC Peak?
Has Alternative Lending Seen Its VC Peak?
March 26, 2019  |  Alternative Finances

In 2015, news outlets ran articles about the “gold mine” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative...

READ MORE >
FinTech Pressures FI Giants To Strengthen SMB Lending In Mexico
FinTech Pressures FI Giants To Strengthen SMB Lending In Mexico
March 15, 2019  |  B2B Payments

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure...

READ MORE >
Global Investors Eye AltFin, HR Tech With B2B Investments
Global Investors Eye AltFin, HR Tech With B2B Investments
March 15, 2019  |  B2B Payments

The more than $69 million raised by B2B startups this week came from across the globe, including Israel, the Netherlands and Singapore, to name a...

READ MORE >
China Aims To Curb SMBs’ Use Of Pawnshop Loans
China Aims To Curb SMBs’ Use Of Pawnshop Loans
March 12, 2019  |  B2B Payments

Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small...

READ MORE >