loans

FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation

FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation
FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation
August 07, 2020  |  Business

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can...

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Rocket Cos. Shares Rise 19 Pct On IPO Debut
Rocket Cos. Shares Rise 19 Pct On IPO Debut
August 06, 2020  |  IPO

It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s...

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Wirecard Lenders On The Hook For Millions
Wirecard Lenders On The Hook For Millions
August 06, 2020  |  Security & Fraud

Wirecard AG’s bankruptcy filing is not just having an impact on the once bright German payments company — its insolvency has left a huge gap...

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Lightspeed, Stripe To Offer SMB Loans
Lightspeed, Stripe To Offer SMB Loans
August 06, 2020  |  Alternative Credit

Lightspeed and Stripe have teamed up to launch Lightspeed Capital, which will, initially offer loans aimed at small and medium-size businesses (SMBs) in the U.S.,...

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House Democrats Eye Kodak’s $765M US Loan
House Democrats Eye Kodak’s $765M US Loan
August 05, 2020  |  Loans

The meteoric rise, and then fall, of Eastman Kodak stock — and the recent profits scored by top executives there — is garnering more attention....

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Senate SMB Chair Warns Of Small Business Layoffs Without PPP Aid
Senate SMB Chair Warns Of Small Business Layoffs Without PPP Aid
August 05, 2020  |  Economy

Small businesses across the country could face a looming meltdown with massive layoffs should Congress fail to include more money for the Paycheck Protection Program...

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Paychex CEO: SMB Employment Is Dropping
Paychex CEO: SMB Employment Is Dropping
August 04, 2020  |  SMBs

Martin Mucci, CEO of Paychex, the payroll processing and human resources company, said the amount of small- to medium-sized business (SMB) employment has fallen again,...

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SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
August 04, 2020  |  Loans

Eastman Kodak’s surprise announcement of plans to reinvent itself as a drug manufacturer has run afoul of the U.S. Securities and Exchange Commission (SEC), a...

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Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
August 04, 2020  |  financial apps

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it...

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