Newsletter Sent On: 09/04/2024REGISTER TO RECEIVE THEM | RETURN TO HOME PAGE

North Mill: New $404M Securitization Read more

They Offered to Reduce My MCA Payments. I Played Along.
Normally I'd just ignore these texts but I thought it'd be helpful to see what merchants are experiencing Read more

Steve McLaughlin to Speak at B2B Finance Expo

FT Partners' Founder and CEO, Steve McLaughlin, will appear at B2B Finance Expo for a shared discussion, while managing director Greg Smith will also present a keynote speech. The expo will take place in Las Vegas from September 23-24 and registration is still open. Read more

Dream Data Services Files Chapter 7 Bankruptcy

New Jersey-based company, Dream Data Services LLC, which sells MCA leads, has voluntarily filed for bankruptcy, claiming assets of $0 - $50,000 against liabilities of $100,001 - $500,000. Read more

CFPB Announces the Beta Platform for Small Business Lending Data Reporting

The CFPB has invited financial institutions to test the platform by uploading and using test files provided in the CFPB’s test file repository, or by uploading the financial institution’s own test or sample files. Read more

Jack Henry and Moov to Simplify Digital Payments for Small Businesses

Via Prnewswire Read more

Leading Fintech MoneyThumb Acquired by Iron Creek

Automated document evaluation and fraud detection solutions provider MoneyThumb is being acquired by private investment firm Iron Creek Partners. Ryan Campbell, previously in charge of MoneyThumb's business development, will head the company as CEO while founder Ralph Mayer will take on an advisory role and maintain his board seat. Read more

See the CFPB SMB Funding Platform Beta Here

Link to the platform itself Read more