Lender news and trends

Marqeta Helps UK SMB Credit Lender Expand Into Spain
B2B Payments // June 30, 2020

Card issuer Marqeta has been helping U.K.-based Capital on Tap to expand its small business credit lending services to Spain, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Investments // June 24, 2020

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
Loans // April 30, 2020

JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
Legal // April 17, 2020

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Quick Reads
UK P2P Lender Zopa Nets $303M

October 19, 2021
United Kingdom-based peer-to-peer (P2P) lender Zopa has generated just shy of $304 million in its latest fundraising effort, according to a blog post on the company’s website on Monday (Oct. 18). Led by SoftBank Vision Fund 2, with contributions from Silverstripe, Northzone and Augmentum, the most recent funding drive will bolster the company’s goal of […]

Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny

June 24, 2020
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. Get the Full...

JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans

April 30, 2020
JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. Get...

FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error

April 17, 2020
A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). Get the Full Story Complete...