We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work,...
It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company was a neobank struggling under a $9 million loss for Q1 2023. Fast forward a year and the data-driven financial...
Embedded lending is a credit option that many merchants and financial institutions deliver to their customers to reduce friction and streamline purchasing. As consumers go through checkout — either in-store or online — they might be invited to cover the cost of the purchase with a new credit card. Or they...
You’ve heard of embedded finance. Get ready for embedded lending. It’s a relatively new term to describe an important trend in consumer financial behavior, and Visa is among the companies that believe it is poised to take off, if its partners can educate consumers about...
May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]
May 08, 2024
You’ve heard of embedded finance. Get ready for embedded lending. It’s a relatively new term to describe an important trend in consumer financial behavior, and Visa is among the companies...
April 24, 2024
Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their growth plans and managing a...
April 11, 2024
Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS that online platforms offer advantages to all stakeholders — and they can offer an optimal payments experience. But,...
May 15, 2024
InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection offering. The company will use the fresh capital to expedite its growth plans and to invest in new technology like improved digital insurance distribution solutions, artificial intelligence (AI)-powered claims handling and additional protection solutions to be made available on […]
May 07, 2024
FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. The new “Atelio by FIS” platform can help any company collect deposits, move...
April 18, 2024
Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card,...
April 16, 2024
Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence...
