Tagged: streetshares

Financial Institutions May Expand SMB Relationships with Fintech-enabled Lending Offering from Fiserv

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech solutions, is supporting financial institutions with creating their SMB programs via the introduction of a Cloud-powered, digital lending and credit platform. The latest Fiserv product offering, leveraging the Atlas Platform from Fintech… Read More

StreetShares Secures $10 Million Through Latest Funding Round

Financing small businesses lender StreetShares announced on Thursday it secured $10 million through its latest investment round, which involved funding from Motley Fool Ventures, Ally Ventures (the strategic investment arm of Ally Financial), and individual fintech angel investors. Founded in 2013, StreetShares describes itself as America’s… Read More

StreetShares to Provide Tech to Power PPP Loans from Community Banks, Credit Unions

  StreetShares, a Fintech lender, will be providing the technology to provide the next round of Paycheck Protection Program loans issued by community banks and credit unions, according to a company release. The PPP is part of the COVID-19 economic support legislation known as the… Read More

Fintech and Traditional Bank Collaborations and Open Banking Are Becoming More Prevalent Globally

Traditional bank and Fintech collaboration and Open Banking are becoming quite common for financial institutions throughout the world that are planning to update their product offerings for small and medium-sized businesses (SMBs). India-based private lending institution SBM Bank recently teamed up with PayNearby to introduce… Read More

StreetShares Partners With Farm Bureau Bank to Provide Small Business Lending Services

Financing small businesses lender StreetShares announced on Wednesday it has teamed up with Farm Bureau Bank (FBB) to provide small business lending to FBB’s members. StreetShares reported that by using its Lending-as-a-Service (LaaS) platform services, the bank may now offer small business loans with a digital… Read More

Lending as a Service: StreetShares to Allow Banks, Credit Unions to Use Tech to Originate Loans

StreetShares, a Fintech that provides small business loans, is now offering “Lending as a Service” (LaaS) so credit unions and smaller banks may provide a digital experience to originate loans. Announced at Finovate NYC, StreetShares says the new service can be up and running on… Read More

StreetShares Reg A+ Filing Provides Insight into Operations of SME Lender

StreetShares, an online small business lender, has filed a Form 1-A with the Securities and Exchange Commission (SEC). By using Regulation A, or Reg A+, StreetShares may raise up to $50 million from both accredited and non-accredited investors. Reg A+ has been described as a… Read More

StreetShares Relocates Headquarters In Order to Accommodate Growth

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

StreetShares Appoints Mohan A. Rao New Chief Product & Technology Officer

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it has appointed Mohan A. Rao as Chief Product and Technology Officer. According to the online lender,  Rao is the former Chief Technology Officer of Hobsons, Inc., and brings more than 25 years of experience with building software products,… Read More

StreetShares Receives $23 Million Through Series B Funding Round Led By Rotunda Capital Partners

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it secured $23 million during its Series B funding round, which was led by Rotunda Capital Partners, LLC, with participating from existing investors, including veteran-focused venture firm, Stony Lonesome Group. As previously reported, StreetShares provides small business financing through small business… Read More

Fintech Firm StreetShares Appoints Ed Walters As New Chief Marketing Officer

On Wednesday, fintech firm StreetShares announced it appointed Ed Walters as its new Chief Marketing Officer. The company reports that Walters has held various marketing positions, including Vice President of Marketing and Communications at ACT, the Chief Marketing Officer of the U.S. Army, Principal Deputy… Read More

StreetShares Appoints Former Capital One Executive Heather Tuason As New Chief Product Officer

Financing military veteran-owned small businesses lender StreetShares announced appointed former Capital One Senior Vice President of Small Business, Heather Tuason, as its new Chief Product Officer. According to StreetShares, in her role as Chief Product Officer, Tuason will accelerate the growth of StreetShares lending and investment products… Read More

StreetShares Foundation Teams Up With JPMorgan Chase to Present Veteran Small Business Awards

StreetShares, an online lender providing access to capital for SMEs, announced this week its new self-titled foundation announced its Veterans Small Business Awards. The organization teamed up with JP Morgan Chase to provide up to $10,000 each month to vets who own a business. StreetShares revealed… Read More

StreetShares to Use Reg A+ to Provide Loans to Small Business. Receives $4.5 Million Series A Funding

StreetShares, an online lender providing access to capital for SMEs, has announced it has received SEC approval to leverage Regulation A+, enacted under Title IV of the JOBS Act, to deliver a crowdlending product. StreetShares described the qualification as “Historic” and a first for the… Read More

Millennium Trust Debuts New Comprehensive Custody Solutions Network for Alternative Investments

This week, Millennium Trust Company  announced the launch of its centralized online service known as Millennium Alternative Investment Network ™ (MAIN). According to Millennium, MAIN delivers an efficient end-to-end solution for individuals and advisors looking to hold alternative investments within either IRAs or taxable custody accounts…. Read More

StreetShares Files Reg A+ Offer to Raise $50 Million in Debt

StreetShares, marketplace lending platform that connects small business owners with investors, has filed a Regulation A+, Tier 2 offer to raise up to $50 million in debt securities. The filing was posted on December 4th. In using Regulation A+, StreetShares will be allowed to solicit… Read More

Brief: Former SEC Commissioner Troy A. Paredes Joins StreetShares Board of Advisors

Earlier this month, small business marketplace lender, StreetShares, announced the appointment of Troy A. Paredes to its Board of Advisors. From 2008 until 2013, Paredes served as a Commissioner of the U.S. Securities and Exchange Commission (SEC), having been appointed by President George W. Bush. At… Read More

Brief: StreetShares Teams Up With RallyPoint To Promote Veteran Entrepreneurship

On Wednesday, small business lending marketplace StreetShares announced it has formed a partnership with military social network RallyPoint to help promote veteran business ownership. The two rapidly growing companies are teaming up to use their respective resources to reach more military members, veterans, and supporters… Read More

Peer-to-Peer Lender StreetShares Forms Partnership With Online Marketplace FedBid

Last week, peer-to-peer (P2P) platform StreetShares announced that it has formed an exclusive partnership with online marketplace, FedBid. The goal of the partnership is to provide America’s small businesses with the education, resources, and funding needed to compete for and win supplier contracts from federal… Read More

StreetShares Receives California Finance Lenders License

StreetShares has received a California Finance Lenders’ License. The license provides the licensee with an exemption from the usury provision of the California Constitution. StreetShares, a veteran-owned and operated platform,  currently focuses on using competition and affinity lending to lower borrowing costs for veteran-owned small businesses…. Read More

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