Tagged: lendin

Registrations for EVs Surge and Credit Makeup of Buyers Continued to Remain Strong – TransUnion Report

Despite electric vehicle (EV) sales moderating from a torrid pace, the share of new EV car registrations increased markedly through “the first half of 2023 to 8.3%, up from 5.6% one year earlier.” A TransUnion (NYSE: TRU) study conducted in collaboration with S&P Global Mobility… Read More

SME Lending, Banking Services for Fintechs: LHV Bank Extends Maximum Loan Size to UK SMEs to £5M

LHV Bank, a provider of banking services to fintechs and SME lending solutions for UK businesses, announces the extension of its maximum loan size to £5 million, enabling further support for UK SMEs aiming to grow. LHV Bank’s Manchester-based SME lending team “offers commercial mortgages… Read More

Digital Lending Platform Presta Raises $3.3M via Round Led by Distributed Ventures

Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch after raising $3.3 million in oversubscribed pre-seed fundraise. Led by Distributed Ventures with additional investment from Zeal Capital Partners, Matchstick Ventures, The Fund, Tech Stars, and Jumpstart Ventures,… Read More

Small Business Lending Platform Launched by Sunflower Bank with Assistance from Smartbiz

Sunflower Bank, N.A. announced the launch of a new small business lending platform in partnership with SmartBiz, the AI-powered small business financing platform. Through a new end-to-end online portal, small businesses in Sunflower Bank, N.A.’s branch footprint now “have access to a streamlined process to… Read More

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