Newsletter Sent On: 12/13/2019

Ocrolus Announces Premium Fintech Platform at NYC Event Read more

For ISOs Only — How To Develop Your Factoring Brokerage Business (Part 2)
In Part 2, we’re going to focus on 3 major areas:

(1) What is Factoring and How Does it Work?
(2) What Are the Costs?
(3) How Do You Qualify?

We’re also going to touch on HOW TO find factoring funders. Read more

Merchant Growth Partners with goeasy to Provide Funding via Physical Branches
This month Merchant Growth, the Vancouver-based alternative finance company, announced its partnership with goeasy Ltd. that will see Merchant Growth’s services being offered in goeasy branches throug... Read more

Investors Receive Recovery Checks in 1 Global Capital Case
For all the noise surrounding the collapse of 1 Global Capital, investors recently recovered nearly $112 million, equating to about 40 cents on the dollar so far. "We continue to pursue collection... Read more

Velocity Group USA funds $75M+ in 2019
The Melville, NY-based company had previously announced a $100M equity facility Read more

National Funding CEO David Gilbert Caddied For Tiger Woods For a Day
David Gilbert, the CEO of National Funding, had the honor of caddying for Tiger Woods on Wednesday at the Hero World Challenge pro-am in the Bahamas. Gilbert earned the opportunity by being a very ... Read more

LendingClub Retail Investors Still Frozen Out In Several States After Sudden Restriction
On September 23, retail investors on the Lending Club platform in 5 states received strange news, they had been temporarily restricted from buying notes because of the state they lived in. No further ... Read more

Hedge Fund Billionaire With Fintech Focus is Buying The New York Mets
Steve Cohen, the hedge fund billionaire behind Point72 Asset Management, is reportedly buying a majority stake in the New York Mets. After a long infamous run at the helm of S.A.C. Capital Advisor... Read more

StreetShares Discontinues Major Segment of Its Financing Business
StreetShares quietly discontinued a major part of its financing business on November 15, a new disclosure filed with the SEC revealed. Read more

A Surge of Support for Valid When Made
Via ABA Banking Journal Read more

The Current State of SME Lending in Canada
According to the latest statistics, there were 1.18 million employer businesses in Canada, with the majority of them located in the provinces of Ontario and Quebec.1.15 million (97.9%) represent... Read more

Crypto CEO appointed US Senator
Georgia Governor Brian Kemp officially appointed Bakkt CEO Kelly Loeffler to the U.S. Senate, where she will fill current Senator Johnny Isakson’s seat. Read more

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