Articles by Todd Stone

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Fundbox Increases Speed of B2B Transactions

January 29, 2019
Article by:

Prashant-Fundbox

Prashant Fuloria, COO, Fundbox At the end of last week, Fundbox announced that it has launched an AI-enabled platform for B2B companies at the point of transaction, or check out. “We’re positioning ourselves to be the PayPal for B2B transactions,” a company spokesperson, Tim Donovan, told deBanked. “And that means becoming as ubiquitous as finding […]

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Funding Circle Partners with Stripe

January 23, 2019
Article by:

Bernardo Martinez

Funding Circle announced this morning that it has joined the Stripe Partner Program, which will allow the company to provide financing to Stripe customers in the United States. Funding Circle is a small business loan funder that offers fully amortizing small business term loans. Their loans range from $25,000 to $500,000 and have terms between […]

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PayPal Credit Commits $25 Million to Help Unpaid Government Workers

January 21, 2019
Article by:

paypal

PayPal announced Friday that it was devoting $25 million to a program that offers interest-free cash advances of up to $500 to federal workers who have been impacted by the record long partial government shutdown. “No matter where you stand on the issues, the fact is that 800,000 of our fellow Americans suddenly find themselves […]

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Small Business Funding is Blasting Off

January 18, 2019
Article by:

blasting off

Despite the pall of the record long partial government shutdown which has hurt brokers and funders of SBA loans, many companies and individuals in the online small business funding space are off to a very fruitful 2019. Below are some that we found. Amerifi After 15 years in the screen printing and embroidering business, Edward […]

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Joust Launches Banking Platform for Entrepreneurs

January 17, 2019
Article by:

Lamine Zarrad

Lamine Zarrad, CEO, Joust This week marked the launch of the Joust iOS app, a platform for freelancers and small businesses that provides banking, payments, collections and invoice factoring solutions. The Android App is scheduled for release on February 1, 2019. “We straddle three different domains: payments, merchant processing, and factoring, all in one app,” […]

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Capify Secures Massive Credit Facility from Goldman Sachs

January 16, 2019
Article by:

David Goldin

Capify, which serves the UK and Australia markets, announced this morning that it has secured a £75 million (roughly $95 million) credit facility from Goldman Sachs. “This credit facility validates our company as a leader in the marketplace and underlines the strength of our business model to provide simple, affordable and smart financial options to […]

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Why Strategic Funding Rebranded as Kapitus

January 15, 2019
Article by:

Kapitus Website

Today, Strategic Funding announced the launch of a new brand identity, including a name change. Strategic Funding will now be called Kapitus. “We had a name that was very well respected,” said Kapitus founder and CEO Andy Reiser. “Everybody loved our name, quite frankly. They loved it so much, they all copied it. You can’t […]

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LendUp Gets a Shake-up

January 11, 2019
Article by:

Anu Shultes

Anu Shultes, LendUp’s new CEO Among other company news, LendUp announced yesterday that it has formed a separate company called Mission Lane that will be devoted to scaling its credit card business. LendUp will continue to operate under its name and will focus on personal loans, education and savings opportunities, according to the announcement. Along […]

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How an SBA Lender is Managing Through the Shutdown

January 10, 2019
Article by:

Everett Sands

Everett Sands, CEO, Lendistry As a result of the U.S. government shutdown that started on December 22 of last year, hundreds of thousands of government employees have been working without pay. The shutdown has also temporarily stopped the Small Business Administration (SBA), a government agency, from operating. This means that obtaining an SBA loan, which […]

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Trained at OnDeck, LendingFront Founders Help Banks Lend to Small Businesses

January 9, 2019
Article by:

LendingFront-front

Yesterday LendingFront announced that it has raised $4 million to help deliver its white label software designed to help banks and other financial institutions lend to small businesses. The company was founded in 2015 by two former OnDeck employees, Jorge Sun and Dario Vergara. Sun was the Chief Credit Officer at OnDeck from 2007 to […]

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