Newsletter Sent On: 10/07/2022
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Why Participating in Industry Events Matters Read more


Lavu Adds MCA Product Through Partnership With Parafin
It's not just DoorDash that Parafin has partnered up with to provide MCA funding. Last week, the restaurant software company Lavu launched Lavu Capital to help restaurants owners access capital. Read more



IOU Financial Sets Internal Record Loan Originations for Q3
IOU Financial is showing no signs of slowing down. The company announced Q3 loan originations of $74.2M on Tuesday, up from $59.M in Q2. Altogether, IOU has originated $192.7M in 2022 so far. Read more



This New Small Business Lending Tech Started in New Zealand
Dave Lewis, CEO at Ranqx, co-founded his company in 2015 in New Zealand. With a plan to help small businesses, accountants, and bankers all understand the financial performance of a business, the comp... Read more





Greenbox Capital Achieves 4% Cost of Capital
Via Prnewswire Read more



Rapid Finance Acquires Thrive
The acquisition was announced via Businesswire Read more





Nuula to Wind Down, Sell Off its Assets
CEO Mark Ruddock made the announcement via LinkedIn Read more



New CFO at Forward Financing
Prior to joining Forward Financing in 2022, Christopher Chiou served as CFO of sticky.io, a private-equity backed financial technology company specializing in subscription e-commerce. Read more





KServicing Files for Chapter 11
The legacy Kabbage entity has been hamstrung by federal investigations Read more



National Funding Closes on $125M Securitization
Via Businesswire Read more





Onyx IQ Partners With Actum Processing
The strategic partnership allows net new customers to start funding in as little as 2-4 weeks, processing ACH payments and paying commissions on the rails that already exist between the two platforms. Read more



Florida Emergency SMB Loan Program
In the wake of the hurricane, the governor has activated an emergency program Read more




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