Articles by Gerelyn Terzo

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Amazon vs. Banks

June 23, 2017
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Amazon vs Banks

Amazon made headlines most recently for its blockbuster acquisition of Whole Foods, but the online behemoth already disrupted another sector – fintech — including banks and online lenders when in 2011 it started lending to small businesses. So far Amazon Lending has extended $3 billion-plus in capital to the small business community, a cool billion […]

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Fintech Carries the Torch in Northern Delaware

June 14, 2017
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Rodney Square in Wilmington, DE

Glen Trudel, Partner, Ballard Spahr Delaware’s history in financial services is rich. The Financial Center Development Act of 1981, for instance, which rolled back the limits on how much lenders could charge as interest on consumer credit, attracted some of the biggest names in banking to the state over the past several decades. Now fintech […]

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Marketplace Lending: The Next 10 Years

June 7, 2017
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Looking out at the future

The marketplace for consumer and small-business loans has come a long way over the last 10 years. Since the early days of peer-to-peer lending, there has been a great proliferation of new types of intermediaries creating new layers of distribution for the risk involved with the lending process. Now marketplace lending has reached an inflection […]

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Bitcoin: The Sky’s the Limit?

May 26, 2017
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Bitcoin

Investors, merchants and miners all watched as bitcoin’s price ran up knocking on the door of the $2,800 level. The digital currency has climbed nearly 50 percent in the past week and by triple digits in 2017, evoking emotions ranging from euphoria to fear that a bubble is among us. And while the price has […]

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Goldman, Cohen Bet on Nav

May 19, 2017
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Levi King, Nav

CEO Levi King, Nav Goldman Sachs. Steve Cohen. These are a couple of the high-profile investors that small business credit and finance startup Nav has attracted to line its coffers. Nav recently lifted the size of a Series B round by $13 million for lead investor Goldman Sachs Principal Strategic Investments as well as Cohen’s […]

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The Tesla of Alternative Lending

May 16, 2017
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Upstart Founders

Tesla has autopilot. Apple has Siri. And Upstart has its own high-tech software model that places the startup in a category of its own for online lending. All three of these companies may be very different but what they have in common is a reliance on artificial intelligence and machine learning for their proprietary technology. […]

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Kabbage’s Next Growth Phase

May 9, 2017
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Victoria Treyger, Kabbage

Victoria Treyger, Chief Revenue Officer, Kabbage When you consider the recent milestones Kabbage has achieved it makes it difficult to think of the fintech lender as a startup. In recent weeks Kabbage surpassed a couple of major milestones comprised of extending $3 billion in funding to 100,000-plus small businesses. More than half of those loans […]

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Two Small Biz Owners Talk Online Borrowing

May 5, 2017
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online small business loan

Katie Basson, President of Birch Tree Promotions During National Small Business Week, we wanted to see what we can glean from a couple of small business owners who have taken to the Internet for their capital needs. Entrepreneurs Katie Basson of Birch Tree Promotions and Asha Waterstreet of Tasteful Additions document their experience as first-time […]

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Elevate Readies Rise for Growth

April 28, 2017
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Tony Leopold

Alternative lender Elevate has hired Tony Leopold for the newly created role of general manager of Rise, the company’s flagship product that is 100 percent online. The addition places Rise in the spotlight ahead of Elevate’s maiden earnings report as a publicly traded company, which is being unveiled in May. Leopold had ambitious plans for […]

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SmartBiz Loans Expands Its Footprint With a NorCal Bank

April 25, 2017
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bank

Technology-based lending platform SmartBiz Loans, which is dedicated to facilitating SBA loans, has expanded its bank roster. SmartBiz announced today a new partnership with Sacramento-based Five Star Bank, bringing the tally of the number of banks on the startup’s platform to five and thrusting marketplace lending into the spotlight once again. Five Star already delivers […]

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