Tagged: fundera

NerdWallet to Acquire Fundera, the Go-to Financial Resource for 28 Million US based SMBs

NerdWallet, a U.S.-based website and app that offers financial guidance to over 160 million consumers each year, has reportedly acquired Fundera, which serves as the “go-to” financial resource for the 28 million SMBs based in the United States. The acquisition will allow NerdWallet to expand… Read More

Once Economy Shifts from Respond to Recover, Fintechs May Benefit: Report

Many Fintechs are actively engaged in supporter consumers and businesses in the battle to survive in an economy battered by the COVID-19 pandemic. Simultaneously, some funding has dried up putting some startups at risk. This may include Fintechs. Yet one report expects that Fintechs may… Read More

Fundera CEO: Payroll Protection Program is Absolute Chaos

Chatter continues to trickle in that the Payroll Protection Program is floundering a bit during the first few days of the initiative. The Payroll Protection Program (PPP) is part of the $2 trillion CARES Act – the bailout package addressing the COVID-19 onslaught. The PPP… Read More

Currated Loan Network Fundera Tops $500 Million in SME Loans

Fundera, an online marketplace for small business financing, has surpassed the $500 million mark in loans funded to over 8,500 small businesses on its platform. Fundera is an online platform that allows SMEs to apply to a curated network of 25-30 lenders in the industry… Read More

Fundera Report: The Traditional SME Lending Process Pretty Much Sucks

Fundera, an online lending comparison site, has partnered with Oliver Wyman on a report about SME lending. Entitled, “Great Expectations: Improving the loan application process for small business borrowers, the document effectively labels the traditional borrowing process as broken. Their research concludes that banks generally… Read More

Fundera Survey Reveals: Majority of Small Business Owners Are Unaware of Available Financial Resources

Fundera announced on Tuesday the release of its new survey on the state of small business lending. The report asked small business owners about their experience with credit, lending, and financial resources. According to Fundera, the survey revealed that business owners do not know enough… Read More

Fundera: Online Lenders Need to Get Serious About Disclosure

Fundera is an online platform that streamlines the borrowing process. They have integrated a diverse group of online lenders to allow small businesses the ability to apply on one site and receive offers from multiple direct lenders. No more trudging down to the local bank… Read More

Fundera Releases Two-Year Anniversary Report; Surpasses $115M in Funding to Small Business Loans

On Friday, marketplace for small business loans, Fundera, released its two-year anniversary report. This document revealed the company’s growth to date. Since launch, Fundera has facilitated approximately 2,200 loans totaling over $115 million in funding to small businesses. At this time last year, the website has… Read More

Fundera Releases New Report on the State of Online Small Business Lending

Fundera, an online marketplace for small business loans, announced on Monday the release of its new report on the State of Online Small Business Lending. The platform believes that this new document shows its dedication to transparency in the alternative lending sector. The report was… Read More

Fundera Raises $11.5M During Series B Funding Round to Continue to Bring Transparency and Fairness to Small Business Lending

Fundera, the online credit marketplace for small businesses, today announced an $11.5 million Series B funding round led by Susquehanna Growth Equity with participation from previous investors including QED Investors, Khosla Ventures and First Round Capital, bringing the company’s total funding to date to $15… Read More

LendTech Angels Hosts First Successful LendLab for FinTech Entrepreneurs

Despite a hot and rainy New York City morning, there was a great turn-out at LendTech Angels’ first LendLab event.  Hosted by Kiran Lingam, managing director of LendTech Angels, the event gave aspiring marketplace lending startups an education in the regulatory landscape they are entering…. Read More

Sam Hodges, Co-Founder of Funding Circle, Talks Small Business Borrowers’ Bill of Rights

  With the publication of the Small Business Borrowers’ Bill of Rights, one of the first consensuses on responsible small business lending practices, earlier this month, marketplace lending platforms including Funding Circle, Lending Club and Fundera showed their support for greater transparency for borrowers and accountability for platforms and… Read More

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