loans

Rocket Cos. Shares Rise 19 Pct On IPO Debut

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  |  Cybersecurity

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  |  Mobile

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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