Industry News
SOLD OUT: Sponsorships to B2B Finance Expo in Las Vegas Have Sold Out
September 5, 2025The opportunity to sponsor B2B Finance Expo in Las Vegas this October is now gone but there’s still time to be a part of the commercial finance industry’s biggest event in Las Vegas by making sure you’re registered to attend. Taking place on October 28-29 at the Wynn, B2B Finance Expo will once again bring together leaders from Small Business Lending, Fintech, Real Estate Lending, Revenue Based Financing, SBA Lending, and beyond.
The room block is also full but the Wynn may still be honoring the discount code so be sure to take advantage now since it could shut off at any moment. Book Your Room Here.
deBanked Free Open Bar on Long Island
August 24, 2025deBanked is hosting a FREE OPEN BAR for brokers and folks that work in the small business finance industry on Thursday, September 11 from 7-9pm at Tap Room in Huntington. Tap Room is located on New York Avenue right across the street from the Paramount. You can register here. Entry may be conditional upon capacity inside.
Business Finance Companies on Inc 5000 List in 2025
August 12, 2025Here’s where small business finance companies rank on the Inc 5000 list for 2025 (and if we’ve missed you, email info@debanked.com):
| Ranking | Company | 3-Year % Growth |
| 15 | Parafin | 9594 |
| 206 | businessloans.com | 1862 |
| 669 | Pinnacle Funding | 626 |
| 831 | SBG Funding | 508 |
| 1215 | Essential Funding Group | 359 |
| 1240 | Clara Capital | 352 |
| 1417 | Backd | 306 |
| 1705 | Kapitus | 256 |
| 1719 | Channel | 255 |
| 1756 | Fundible | 248 |
| 2027 | 4 Pillar Funding | 214 |
| 2117 | Biz2Credit | 203 |
| 2293 | Byzfunder | 187 |
| 2671 | Critical Financing | 156 |
| 3081 | Lendzi | 131 |
| 3226 | eCapital | 124 |
| 3508 | ApplePie Capital | 111 |
| 3545 | SellersFi | 109 |
| 3901 | Splash Advance | 95 |
| 3973 | Fora Financial | 92 |
| 3993 | Capital Infusion | 91 |
| 4076 | Expansion Capital Group | 88 |
| 4162 | Shore Funding Solutions | 85 |
| 4206 | Direct Funding Now | 83 |
| 4712 | ROK Financial | 63 |
Adding Event Connections to DailyFunder
August 12, 2025MY BIG PET PEEVES WITH “EVENT APPS” ARE:
1. 95% of users stop using them after the event is over.
2. Most are white labeled from a third party with no customizable solutions.
3. They are generally zero-sum in that everyone can see you’re going or no one can. People want to choose their own visibility.
4. If a boss buys 10 tickets under their name for their team, it makes it hard for the individual team members to be able to access the app because their info isn’t in the system.
5. There are generally no moderation capabilities to limit or stop abuse.
6. Redundancy.
We had a deBanked Events App (2018 – 2023 white labeled), a deBanked App (2015 – 2017 white labeled), and a DailyFunder App (2013 – 2017 white labeled), but we recently rebooted a DailyFunder App only.
Why DailyFunder? With 17,000+ members, 3 million+ annual page views, and an average session > 10 minutes, it seems the most logical starting point to tackle point 1 above, which is keeping a party going 24/7 instead of just a few days before an event and never again right after. We’ve moved development in-house, no more white labels. We can put events in there whether they’re affiliated with us or not. You can let people know if you’re going or not. You can dm other people that plan to go. You can follow up with them afterwards. You can see the sponsors. We can put video content in there like tech companies that demoed or the interviews on the red carpets. No, you won’t see the whole attendee list, but you’ll be able to see those that want other people to connect with them at each one. You can use your real name or be pseudonymous. We can remove fakers. You can post on the forum. You can see what people are saying. It doesn’t all end when the event ends. You can see news headlines from deBanked and other video content we choose to put on there.
This is a work-in-progress but currently live in the Apple App Store and Google Play Store. If you have ideas or suggestions, email them to webmaster@dailyfunder.com. There’s some bugs we’re aware of. You must have a DailyFunder account already to log in. The registration process is still only on the website but we’ll change that.
Some thoughts are being able to add events like a Title sponsor’s cocktail party, a related golf-outing, etc. People are always asking which company is having a party after an event or before.
So instead of having to go on the forum, facebook groups, linkedin, or the whatsapp chats to be like “yo, xyz is happening.” or “who’s going?” we can just add it in here and then everyone can see them in one place to communicate with each other about them if they want to.
Open to suggestions.
Bitty Continuing to Perform Well in Q2 2025
August 11, 2025“Our investment in Bitty continued to perform well in the 2025,” said Todd Schwartz, CEO of OppFi, during the Q2 earnings call. “The business continues to add accretive profitability and cash flow to OppFi. Bitty is doing a great job utilizing technology to improve operations and the customer experience, identifying additional growth opportunities in new credit segments and capitalizing on the continued supply/demand imbalance in the small business lending space.”
OppFi holds a 35% stake in Bitty. Their pro-rata share of Bitty’s first half 2025 earnings was significant to their bottom-line.
NerdWallet: ‘AI Answers Are Taking Organic Search Clicks Away’
August 11, 2025NerdWallet, which operates one of the largest online small business lending marketplaces in the US, is experiencing the competitive pressures of AI in real-time. For example, the company has long depended on organic search traffic to generate customers, but Google’s search results now serve more than just links.
“I’d say the story hasn’t changed much since last quarter. Organic search is still pretty challenged,” said NerdWallet CEO Tim Chen during the Q2 earnings call. “What’s happened incrementally is we’ve seen AI-overviews roll out to a much broader swath of queries in recent months, which is resulting in more people getting answers without ever clicking through to websites.”
The company revealed that SMB products revenue of $25 million was down 4% year-over-year, “primarily due to pressures in organic search traffic.”
NerdWallet, however, has also noticed early signs that LLMs are generating referrals for them.
“What’s probably less obvious is that people who click through from LLMs have materially higher intent to transact than people who click through from search engines,” Chen said. “So, while encouraging in terms of that being a new growth channel, it’s still pretty small.”
Shopify Capital: Business Loan & MCA Originations Grow, Loss Rates Consistent
August 6, 2025Shopify Capital purchased $1B worth of business loans and MCAs in Q2, bringing the total to $1.8B for the first half of 2025.
“Our capital business continues to grow, supported by recent product innovations that enhanced our suite of credit offerings and expanded our geographic reach, including launching Capital in Germany and the Netherlands,” said Shopify CFO Jeff J. Hoffmeister. “We’ve introduced new tools that give merchants more choice in how they manage and select loan options, providing greater flexibility to meet their financing needs. Note that loss rates have remained consistent with prior quarters. This is about the successful, thoughtful expansion of capital.”
The company is on pace to outperform last year’s estimated originations of $3B. The company held ~$1.6B in business loans and MCAs on its balance sheet as of June 30.
Certain loans and merchant cash advances are facilitated by Shopify and originated by a bank partner, from whom Shopify then purchases the loans and merchant cash advances obtaining all rights, title and interest or discount. deBanked is able to estimate originations from these figures.
DailyFunder’s Mobile App Returns to iOS
August 4, 2025
DailyFunder’s iOS app is back. DailyFunder 2.0 is now available in the Apple App Store.
The app is a completely new rebuild from the versions that were published in the App Store in 2013 & 2014. Apple’s technical standards forced those versions out of distribution by 2017 and there had been no replacement since. That is until now since DailyFunder recently decided to do a reboot using in-house developers instead of a third party. Given that it’s the first new iteration, consider it a Beta.
DailyFunder 2.0 features:
- The main forum categories
- The Activity Feed
- Make new threads and replies
- PM other users
- Industry news headlines & links
- Advertiser/Vendor directory
- Advertising
What’s not available yet:
- The app for Android (on the list to do)
- The reputation feature
- In-app registration (must do that on the web-based version)
- Perfection (there will be bugs. Please bear with it)
- Ability to edit one’s profile in-app (on the list to do)
DailyFunder has more than 17,000 approved members, making it the largest and most active online small business finance community in the US. The site launched as a forum in 2012. DailyFunder is great for networking, placing a deal, or industry gossip. For questions related to the site or the mobile app, email webmaster@dailyfunder.com.
