Nationwide announced on Thursday it has teamed up with online small business lender BlueVine to offer the fintech’s financing to small businesses through Nationwide’s Business Solution Center. According to Nationwide, small businesses may have access to the online lending platform by applying through the BlueVine… Read More
PayPal announced on Wednesday it has provided a huge £1 billion of finance to UK small businesses through PayPal Working Capital program. According to PayPal, the alternative finance offering allows UK small businesses to apply for, and receive, a cash advance against future sales online… Read More
Standard Chartered Bank announced on Tuesday it signed a memorandum of understanding (MOU) with Linklogis to explore opportunities to enhance its supply chain financing proposition and deepen client relationships in China. Standard Chartered reported that it will use Linklogis’ force as a digital blockchain-enabled supply chain… Read More
Peer to peer lender Beehive announced on Saturday it has formed a partnership with Thanachart Bank to launch a new SME value chain financing program in Asia. Beehive reported this was its first bank collaboration in Asia and the digitalized supply chain will provide improved liquidity… Read More
Capify, a UK-based alternative small business financing provider, announced on Thursday it received a £75 million credit facility from Goldman Sachs Private Capital to support its future growth plans and provide working capital to thousands of Australian and British small businesses. Launched in 2008, Capify describes itself… Read More
OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday it is set to offer equipment finance loans to select U.S. small businesses next year, bringing its technology and digital lending expertise to what it believes has traditionally been a slow-moving, opaque, and… Read More
Fundaztic, a Malaysia-based peer-to-peer financing startup, reportedly secured RM3 million (approximately US$722,000) in 38 minutes on crowdfunding platform, pitchIN. Nearly 65 investors invested through the round, which was launched on October 17th. Founded in 2016, Fundaztic stated it is on a mission to provide insights and knowledge on crowdfunding… Read More
Financing military veteran-owned small businesses lender StreetShares announced on Tuesday it has relocated its Virginia headquarters in order to accommodate the growth of its team. The lending platform’s headquarters will now be located at 1900 Campus Commons Drive #200 in Reston, Virginia. Founded in 2013, StreetShares describes itself as America’s… Read More
Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More
On Thursday, insurtech startup CoverWallet announced that global insurance company Zurich Insurance Group (VTX: ZURN) has acquired a minority stake in the company. According to CoverWallet, the investment builds on a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. CoverWallet also… Read More
U.S. fintech startup SuperMoney announced on Monday it has launched its new No-Fee Financing Platform that offers point of sale financing opportunities for small businesses nationwide. The company reported that the platform making point of sale financing available for merchants and service providers across all industries including home… Read More
Blockchain payments technology platform BitPay announced it has secured $40 million through its extended Series B funding round, which included participation from Menlo Ventures, Capital Nine, G Squared, Nimble Ventures (an affiliate of Passport Capital) and Delta-v Capital as well as individual investments from Christopher Klaus Family Office,… Read More
Wecash, a China-based fintech and big data tech company, announced on Friday it secured $160 million during its latest Series D funding round, which was led by ORIX Asia Capital and SEA Group, with participation from SIG, Sagamore, Forebright, Lingfeng Capital and Hongdao Capital. Founded… Read More
Travel financing platform UpLift announced on Thursday it is expanding its lending capacity to $200 million and close financing of $90 million as its UpLift Pay Monthly feature gains rapid adoption across the travel industry. UpLift reported its $75 million credit facility is in partnership with… Read More
EquityZen, a New York-based fintech firm that operates a secondary marketplace for company-approved transactions in pre-IPO stock announced on Tuesday it secured $6.5 million during its latest financing round, which was led by Draper Associates. According to the company, the latest financing deal comes as private… Read More
Just days after launching its ICO, The Hive Project announced the round has successfully secured $1.5 million from nearly 900 participants. This news comes after the first unveiled its new cryptocurrency-based invoice financing platform. As previously reported, the company boasts itself as the first cryptocurrency… Read More
The Hive Project announced last week the launch of its cryptocurrency-based invoice financing platform. This news comes just days before the company launched its ICO. The company boasts itself as the first cryptocurrency invoice financing platform. It notably provides new financial liquidity to small businesses… Read More
Texas-based fintech startup, Payix, announced this week that it was selected by Pelican Auto Finance to provide its collection tools, which will also include its new mobile collections application. According to the company, the tools are being designed to help Pelican better connect with its… Read More
Fintech pioneer BlueVine announced on Wednesday that this month marked its third year as an online provider of flexible and convenient working capital financing to small and medium-sized businesses. Launched in 2014, BlueVine’s platform offers 100% online invoice factoring service. The company reportedly funded nearly $200 million… Read More
Los Angeles-based fintech startup ProducePay has secured $7 million in equity and $70 debt during its recent financing round, which was led by CoVenture with participation from Menlo Ventures, Arena Ventures, Red Bear Angels, and Social Leverage. ProducePay, which was founded in 2014, describes itself… Read More
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