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| Class Action Filed Against Brendan Ross, DLI, Others Read more |
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Give Up Equity In Your Business?! Try Alternative Funding Instead Michele Romanow, a judge on Dragon’s Den, Canada’s version of Shark Tank, realized from the show that a lot of companies should not be pursuing venture capital at all. She recalled a company that was willing to give an investor 25% of their company in exchange for $100,000. Read more |
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Indicted Loan Brokers Out On Bond, 1 Still in Custody |
| Four of the five loan brokers indicted in a fake business loan scam that tricked an Ohio resident out of hundreds of thousands of dollars in upfront fees, have been released on bond. Only one, a defen... Read more |
Marketplace Opens for New Student Financing Investments |
| Edly, a new online marketplace that connects Income Share Agreement (ISA) investors, announced last week that a prestigious software engineering school in San Francisco listed $2 million in inaugural ... Read more |
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Computers Continue to Fine Tune Underwriting |
| What's the present role of computers in the underwriting process?"It’s faster and more accurate," CEO of Kapitus Andy Reiser said of the company’s new AI process. "We get thousands of pages a day ... Read more |
Nav CEO finalist for EY Award |
| EY announced that Levi King, CEO & Co-Founder of Nav, is a finalist for the Entrepreneur Of The Year® 2019 Award in the Utah Region. Read more |
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Top Minds in Fintech Came Together in Manhattan |
| More than 200 people packed into a Manhattan office to hear panelists from top fintech companies discuss everything from Artificial Intelligence (AI) in fintech to U.S. regulations to diver... Read more |
Funding Circle SME Income Fund to Consider Winding Down |
| The Funding Circle SME Income Fund (FCIF), a fund whose objective is to provide shareholders with a sustainable and attractive level of dividend income by lending, both directly and indirectly, to sma... Read more |
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Kapitus Rolls Out Fully Automated Funding Process |
| New York, NY – Kapitus, a leading provider of alternative financing to small and midsize businesses, announces the roll-out of auto-checkout - a fully automated funding process for qualified deals. T... Read more |
Kabbage Raises $700M |
| The company said has closed an asset-backed securitization of $700 million, which it says it the largest transaction of its kind for an online lending platform focused on small businesses. Read more |
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Debt Settlement Mastermind of MCA Industry Finally Caves, Pleads Guilty to Criminal Charges |
| The mastermind that pioneered debt settlement in the merchant cash advance industry ended his career with a whimper last week. Sergiy Bezrukov pled guilty to Conspiracy to Commit Bank Fraud and Cons... Read more |
Lyft IPO Follows a Foray into Finance Business |
| Lyft had its IPO today in the same week it announced that it was offering a debit card to its drivers. The company announced the launch of "Lyft Driver Services," a suite of services for Lyft drivers ... Read more |
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Get Certified in MCA Basics |
| Make sure you know how MCAs really work before you sell them Read more |
Reliant Funding Promotes, New Hires |
| Reliant Funding announced the promotion of an essential leader to Vice President of Human Resources and two new hires—Director of Strategic Alliances and Vice President of Underwriting. Read more |
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