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small business lending

FintechNews RoundupUSA
·May. 18, 2020

Magic Johnson’s Insurance Company Funding $100 Million to Support Small Businesses

Magic Johnson told the WSJ that his life insurance company will provide $100 million to small businesses as part of...
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FintechNews RoundupUSA
·May. 18, 2020

Kabbage Shares PPP Loan Data

Kabbage shared today that over 110,000 small businesses have been approved through their platform totaling $3.5 billion; Kabbage is an...
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FintechNews RoundupUSA
·May. 12, 2020

Biz2Credit Small Business Lending Index Shares Record Low Loan Approval Rates

Approval percentages for small business loan applications at banks with $10+ billion in assets fell to 8.9%, down from 15.4%...
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FintechNews RoundupUSA
·May. 11, 2020

New Guidance Slows Firehose of Funds from the PPP

When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
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FintechNews RoundupUSA
·May. 7, 2020

PayPal Growth is Booming During the Crisis

PayPal reported earnings and the company is seeing huge user growth with more than 7 million customers in April alone;...
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FintechNews RoundupUSA
·May. 18, 2020

Changes Coming to PPP Program

Lawmakers and other government officials are working to make changes to the Paycheck Protection Program; there has been slowing demand...
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FintechLatAmNews Roundup
·May. 13, 2020

Konfío Helps Mexican SMBs Weather the Crisis

Mexican small businesses are being hit by the pandemic just as much as other markets and they are in desperate...
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FintechNews RoundupUSA
·May. 11, 2020

Fintechs Hope for Long Term Relationship with SBA

Fintech lenders are hoping their participation in the Paycheck Protection Program will lead to working with the Small Business Administration...
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FintechNews RoundupUSA
·May. 8, 2020

The Second Round of the PPP Still Going as Demand Cools

Many people thought, including your LendIt editors, that the $310 billion allocated for the second round of the Paycheck Protection...
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EuropeFintechNews Roundup
·May. 6, 2020

Online Lenders Appeal for Equal Access to the UK’s Bounce Back Loans

One of the biggest criticisms of the UK’s CBILS program was that it favored big banks and lending was too...
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