loans

Balance Lands $350M to Help Steady SMBs

Balance Lands $350M to Help Steady SMBs
Balance Lands $350M to Help Steady SMBs
November 22, 2022  |  B2B Payments

B2B marketplace and eCommerce payments platform Balance has received a $350 million credit facility from Viola Credit to boost its financing capabilities. Get the Full...

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FinTech Propel Holdings Expands Online Lending Platform to Canada
FinTech Propel Holdings Expands Online Lending Platform to Canada
November 21, 2022  |  Loans

Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for...

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NY Fed: Consumers Stick With Credit Cards as Balances Grow
NY Fed: Consumers Stick With Credit Cards as Balances Grow
November 21, 2022  |  Credit Cards

Consumer credit demand has been on the decline this year, except when it comes to new applications for credit cards. Get the Full Story Complete...

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Australia Mulls Regulating BNPL Like Credit Cards
Australia Mulls Regulating BNPL Like Credit Cards
November 20, 2022  |  BNPL

As countries around the world look to regulate the buy now, pay later (BNPL) sector, Australia is considering rules that would treat the industry the...

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Chase Expands Special Purpose Credit Program for Small Businesses
Chase Expands Special Purpose Credit Program for Small Businesses
November 18, 2022  |  Banking

Aiming to expand credit access to businesses in historically underserved areas, Chase has announced the nationwide rollout of its Special Purpose Credit Program (SPCP). Get...

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SMBs Hungry for New Sources of Credit to Help Fund Their Dreams and Needs
SMBs Hungry for New Sources of Credit to Help Fund Their Dreams and Needs
November 18, 2022  |  SMBs

Working capital remains elusive for small- to medium-sized businesses (SMBs). The risks taken by entrepreneurs with a product and a dream can be staggering, and...

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SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
November 17, 2022  |  Cryptocurrency

By most accounts, Sam Bankman-Fried (SBF), the ex-CEO of what only weeks ago was the third largest crypto exchange in the world, has precipitated a...

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40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

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Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022  |  Investments

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in...

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