With the PPP Fintech Comes of Age

With the nation’s small businesses struggling like never before fintech lenders have literally come to the rescue to help with funding via the Paycheck Protection Program; Cross River Bank, a well-known name in fintech circles, is the number four bank in the country when it comes to the number of PPP loans issued; Kabbage has also been a big driver of PPP loan volume (often referring the loans to Cross River to originate); fintech as an industry has been built to be able to adapt quickly and the success of so many fintech lenders with the PPP program is a testament to this fact; despite not really being included in round one of the PPP fintech has come of age by dominating round two and helping millions of small business employees keep their jobs. Lend Academy.