CAN Capital introduces new CEO Edward Siciliano
Alternative SME financing firm has a new captain.
SME
Fiserv fuels Mi Bank’s de novo launch
Michigan’s first de novo bank in a decade.
Could PayPal dethrone banks when it comes to small business loans?
In the field of small business loans, PayPal is certainly changing the traditional paradigm.
CUNA Mutual Group acquires lendtech Mirador
US firm aiming for digital lending market for credit unions.
IBM and BearingPoint bopping with regtech BPO offering
Duo targets SME market with business process outsourcing.
Plastiq gets $27m funding to its credit
US firm offers way to pay bills and business expenses by credit card.
MaxMyInterest brings clever cash management to Radius Bank
Bank to offer a new account, Radius Max Savings.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
Gusto teams with ScaleFactor to automate accounting for SMEs
Gusto business users can sync payroll and benefits directly with accounting and financial data.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
PNC Bank teams with OnDeck to streamline SME financing
Offering digital business lines of credit up to $100,000 within one to three business days.
USAA and StreetShares join forces for SME lending
A six-month pilot to bring small business financing to US military veterans.
White paper: Digitising financial service agreements
Find out more on how to digitise financial agreements
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
Novo business banking launches in US
New bank offers a current account and debit card solutions for start-ups.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
PaySimple goes mad for email marketing
Unveils partnerships with MailChimp and Constant Contact.
US wakes up to SME cybersecurity needs
The cybersecurity act disregarded SMEs, and this latest bill aims to fix that.
US challenger Grasshopper Bank hops into view
Selects core banking software – Temenos’ T24.
Four de novo banks coming to Carolinas
Three US start-up banks are being launched in North Carolina, with one also powering up in South Carolina.
Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Lendtech OnDeck scores $93m in two credit facilities
Asset-backed funds come from Credit Suisse and Crédit Agricole.
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
Thinking Capital and Equifax go to BillMarket for Canadian SMEs
The duo have launched a new solution, BillMarket.
Mastercard and Strands join hands for SME payments
Will provide digital cash management and payment tools.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
BizEquity brings Valuation-as-a-Service to TD Bank
BizEquity just signed its first – really big – bank.
Amex and Amazon ally in co-brand card game
One of the GAFA gang reveals its paytech plan.
P2Binvestor raises $17m to expand lending programme
To fund growth mostly for its new bank partnership programme.
KeyBank acquisition Bolstr-s digital lending dream
US-based bank buys digital lending platform for small businesses.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
Xero launches Connected Accounting, partners with Citibank
Xero unveils the first wave of new features at Xerocon Atlanta.
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Gusto unveils Partner Directory of accountants for SMEs
Gusto launches its own Yelp for accountants.
