loans

Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans

Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021  |  Cross-border Payments

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool...

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Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day Delivery
Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day...
May 12, 2021  |  News

In today’s top news, eBay will offer loans to U.K. small- to medium-sized businesses (SMBs), and Rite Aid will offer same-day delivery through DoorDash. Plus,...

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Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
May 12, 2021  |  Mobile

Consumer lending and borrowing is a tale of worry and wonderment since COVID-19 appeared to trigger a capricious series of economic disasters. Corporations are still...

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eBay Makes Move Into Financial Services With UK Small Business Loans
eBay Makes Move Into Financial Services With UK Small Business Loans
May 12, 2021  |  Loans

eBay is launching a new financial services tool — Capital for eBay Business Sellers (CEBS) — that will extend loans to the small businesses selling...

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Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
May 10, 2021  |  Loans

Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...

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Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
May 09, 2021  |  Loans

The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...

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Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
May 04, 2021  |  Business

The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...

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Fed SLOOS: Banks Soften First-Quarter Lending Standards
Fed SLOOS: Banks Soften First-Quarter Lending Standards
May 04, 2021  |  Loans

Banks have softened standards for household and commercial loans in the first quarter of 2021, following a year-long trend of tightening due to the economic...

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