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| Forward Financing Originated 165M in 2020 Read more |
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Noah Breslow Has Left OnDeck OnDeck CEO Noah Breslow announced his departure from OnDeck Read more |
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PayPal Originated ~$2.6B in Funding During 2020 |
| PayPal reported originating a total of about $2.6B in capital for U.S. SMBs in 2020, which doesn't include the more than $2B in PPP loans it arranged."PayPal delivered record performance in 2020 a... Read more |
Square Capital Originated $392M in SMB Loans in Q1 |
| Square Capital originated 78,000 small business loans in Q1 for a total of $392M. That figure does not include PPP lending, which comprised of 57,000 loans for a total of $531 million. Read more |
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How Funders Survived PPP and Covid |
| We spoke with representatives from PIRS Capital and Mulligan funding Read more |
Zoom CEO and Big Banks Rolling Back Remote Work |
| It's not just you: Zoom CEO Eric Yuan admitted to suffering from video meeting fatigue at the Wall Street Journal's CEO Council Summit. During a video conference panel called Read more |
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OnDeck Proving to be Extremely Valuable Acquisition for Enova |
| When Enova acquired OnDeck, it thought that the company's legacy portfolio would have very little value. Now that the dust has settled, it's become a gold mine. Read more |
IOU Financial Posts 2020 Results |
| IOU Financial filed their full-year 2020 financial results, boasting a total of $84.9 million in originations. Though at a $3.2 million net loss and decrease of 45% in originations from 2019, IOU repr... Read more |
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DOJ Probing Some Online Lenders Over PPP |
| Via Reuters Read more |
National Business Capital Funds $4M Deal |
| The company helped an ecommerce distributor selling collectible toys Read more |
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Clearco Raises $100M Series C |
| Formerly known as Clearbanc, the company is off to the races Read more |
NY Giants Partner With Crypto Education Company |
| Even the Giants are getting into the craze Read more |
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