The UK is still Funding Circle’s biggest market but expansion to new markets and improved performance from established foreign markets...
On episode 41 I talk with Jared Shulman and Jerry Shu of Lendica. Lendica is a truly embedded finance company focused on smart lending.
India’s lending network for small businesses has increasingly become reliant on the growing sector of non bank lenders; the non bank market has been steadily increasing loan books by 25 percent per year as bank lending has not increased according to data from Edelweiss Financial Services; access to non traditional forms of data has helped non banks to be able to better asses borrower risk instead of using income taxes which were seen an unreliable. Source.
The small business lending space continues to focus on the Paycheck Protection Program. But as this program winds down, it...
Yesterday, Funding Circle announced that they have been approved to provide Paycheck Protection Program loans directly through their online portal;...
Starling Bank is launching in house small business loans up to £250K which is a big expansion for the digital...
Many (perhaps most) small businesses are not well served by their bank. This was made clear during the Paycheck Protection...
Equifax announced late yesterday that it has acquired the small business data analytics company Paynet; Paynet provides commercial credit risk...
With the nation’s small businesses struggling like never before fintech lenders have literally come to the rescue to help with...
Small business owners have always struggled to get access to capital. And while fintech has made a big difference, for...