Small business loan marketplace Lendio has been at the forefront of the...
News Roundup
This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.
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Small business online multi-lender Lendio has announced the launch of a new lending program for franchises; in addition to business loans, participating lenders will have access to new technology, comprehensive training, branded marketing tools, partnerships and Lendio's franchise support team; Lendio facilitates lending by matching online applicants with lenders; the firm has originated over $240 million in loans. Source
Small business lending marketplace Lendio is looking to hire 200 full time...
Lendio has had a lot of success in helping small businesses; they...
Small business loan facilitator, Lendio, has secured $20 million in a financing round led by investment from Comcast Ventures and Stereo Capital; Dave Zilberman of Comcast Ventures will be joining the firm's board of directors following the financing round; the firm seeks to partner with small business lenders in order to help them find the best loan provider for their needs; they currently partner with approximately 75 loan providers; in the third quarter they helped facilitate $63 million in loans for small businesses, an increase of 93% from the third quarter of 2015. Source
Lendio, the largest small business loan marketplace, has raised $55mn of debt...
LendIt has announced eight finalists from a pool of approximately 300 applicants for this year's PitchIt @ LendIt USA; finalists will be connected with mentors for competition preparation and ongoing business support; LendIt has partnered with 500 Startups and sponsor Marqeta to host the event; the finalists will present to a panel of judges at LendIt USA 2017 on March 7. Source
LendIt has announced the finalists for its first annual industry awards; the award winners will be announced at the LendIt USA 2017 Awards Ceremony on March 7 at 6:30 PM EST; the industry awards include finalists in 17 categories with an additional award for the best LendIt USA 2017 exhibitor. Source
LendIt has announced the judges for its annual PitchIt @ LendIt Europe competition to be held on October 9 and 10; judges include Rob Moffat of Balderton Capital, Reshma Sohoni of Seedcamp, Dan Cobley of Blenheim Chalcot and Patrick Meisberger of CommerzVentures; in comments regarding the competition and its judges, Jason Jones, co-founder and chief executive of LendIt, said: "The high caliber of judges we've had over the years is a testament to how the competition has evolved, and it's inspiring to see another strong panel taking to the stage for the competition. I'm confident that their diverse professional backgrounds will see one of the most exciting PitchIt competitions yet." Source
LendIt has announced its Lang Di Fintech 2017 conference which will be held on July 15 to 16 at the Kerry Hotel, Pudong, Shanghai; LendIt also announced a partnership with JadeValue Fintech who will co-host the second annual LendIt China PitchIt@LendIt startup competition and offer the winning company six months of co-working space as one of the many competition prizes; LendIt China will also be translating the daily LendIt News on its new Lang Di WeChat channel. Source