Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Fintechs Begin to Chip in on PPP Forgiveness
ShareTweet
Home
Fintech
Fintechs Begin to Chip in on PPP Forgiveness

Fintechs Begin to Chip in on PPP Forgiveness

Todd Anderson·
FintechUSA
·Jul. 13, 2020·1 min read

Fintechs helped banks step up during both rounds of PPP and now a group of fintech firms are helping to manage the complicated forgiveness part; firms like Vikar, LQD Business Finance, Global Wave, Numerated, Smart Communications and Wolters Kluwer are all aiming to make the process of forgiveness as seamless as possible; “if my bank made it easy for me [i.e. a small business owner] to not only finish the forgiveness process but maximize the amount forgiven, I will feel seriously loyal to that bank,” said David O’Connell, Senior Analyst in the wholesale banking group at Aite Group, to American Banker. “It’s a relationship enhancer and loyalty invoker.”; these automated forgiveness tools will provide banks with an online portal that will guide borrowers through each step of the application like a questionnaire; companies are bound to have different payroll documents and utility bills, making forgiveness even more complicated which is why automated tools could help save lenders a ton of time and money. American Banker.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts
Tags
Global WaveLQD Business FinanceNumeratedPaycheck Protection Programsmall business lendingSmart CommunicationsVikarWolters Kluwer
Related

How Fintech Lenders Can Help Capture Small Business Opportunity

Enough Already! Funding Circle Deserves to Keep Their 7(a) Lending License

Luke Voiles, CEO of Pipe

Luke Voiles, CEO of Pipe, on the optimal way to approach small business lending

Will Embedded Finance Make Software Companies the New Community Banks?

Popular Posts

Today:

  • WayfoundThe AI Agent Wild West Jul. 9, 2025
  • Fintech NexusErebor’s Gambit: Silicon Valley’s Defense Titans Target Banking Charter Jul. 9, 2025
  • TechNexus The AI IssueAI’s Existential Opportunity Jul. 9, 2025
  • KanyiThe World According to Kanyi Maqubela Jul. 8, 2025
  • TechNexus The AI IssueSteal Like an AI? Defining Fair Use & Creativity Jun. 25, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • Stylizedhouse-with-EKGFintech x the One Big Beautiful Bill Jun. 26, 2025
  • Ahead of AIOutsmart Pricing Objections Before They Arise with AI Jul. 1, 2025

This month:

  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025
  • GreenliteAI-Alex-WillGreenlite AI is on a mission to revolutionize banking compliance Jun. 10, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Ironclad State of AI ReportThe Economics of AI Trust Jun. 11, 2025
  • Email-AI-pieceAvatar CEOs Have Entered the Meeting Jun. 18, 2025
  • KanyiThe World According to Kanyi Maqubela Jul. 8, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Globe-money-symbolsOPINION: Why Brazil and India are leading the global digital shift through payment innovation Jun. 24, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results