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| Large Fintech Players Normalizing Rev Based Financing Read more |
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BROKER FAIR IS BACK! - NYC Broker Fair is coming back to New York City on October 24th at the New York Marriott Marquis in Times Square. Anticipated to be the biggest Broker Fair ever, brokers from the small business lending, commercial fin... Read more |
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Square Loans Originated $756M in Q1 |
| Square Loans, the small business lending division of Block, is off to a roaring start. The company originated 90,000 loans for a total of $756M in Q1, according to the company's latest quarterly earni... Read more |
Shopify Capital Originated $346.7M in Business Funding in Q1 |
| Shopify Capital originated $346.7M in MCAs and business loans in Q1, the company announced. That included merchants in the US, UK, and Canada. Though it was a 12% increase over the same period last ye... Read more |
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Updates on CA and Nevada Licensing Laws |
| Via Leasing News Read more |
Enova Doubles Small Business Loan Originations YOY |
| Enova's small business lending arm, powered mostly by OnDeck, originated $659M in Q1 of 2022. That was more than double the volume over the same period in 2021 and up 14% sequentially from Q4 2021. O... Read more |
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Lender / Broker Ecosystem Transparency Solved |
| What happens when a broker sends in a deal and is told it's declined, only to find out that it was approved and funded for another broker? Usually, a very angry post on social media. The problem is th... Read more |
Join the deBanked Team in NYC for a Night of Networking in Web3 & Crypto |
| The team behind deBanked is hosting a 3-hour open bar in New York City this Wednesday night on May 11th from 6-9pm. It's called deCashed. deBanked readers interested in Web3, NFTs, and crypto are welc... Read more |
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LendingClub Expects Modest Growth of its Commercial Lending Business |
| Fintech bank LendingClub expects its commercial loan business to grow modestly, according to Sameer Gokhale, Head of Investor Relations. Gokhale made the comment briefly during the company's Q1 earnin... Read more |
CUNA to Congress: No More Direct Lending From the SBA, Please |
| On Tuesday the Credit Union National Association wrote letters to the House and Senate Small Business Committees stating that it is in the best interest for small business entrepreneurs to partner wit... Read more |
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Fundid Raises $3.25M Seed Round |
| Via Techcrunch Read more |
LendKey Reports Record Revenue Growth |
| Via Businesswire Read more |
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