FundKite, Aquamark Partner on Watermarking Submission Docs FundKite is partnering with Aquamark to encourage brokers to use watermark technology on submission documents, in an attempt to prevent deals being 'backdoored'. Watermarked submissions are increasingly being seen as essential for compliance and as a countermeasure to deal theft within the industry, and FundKite's new policy will only accept submissions if the watermark matches the originating broker. Read more
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Lightspeed: Potential to do up to $1B in MCAs | Lightspeed, the point-of-sale company, may have only done $45M in MCAs in FY 2025, but it plans to conservatively expand this segment of its business, with the potential to increase to nearly $1 billion according to CFO Asha Bakshani. Despite the conservative growth of its MCA sector due to funding 100% of them on balance sheet, the company expects it to grow by 30% in FY 2026. Read more
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Register for B2B Finance Expo | This incredible event returns to Las Vegas this October Read more
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The Battle Against MCA in Texas | Texas Governor Greg Abbott must decide by June 22nd whether to sign House Bill 700 into law, a move that could restrict small businesses' access to capital and potentially harm the merchant cash advance industry in the state. Critics argue that while the bill is argued to protect consumers, it sets stringent regulations on sales-based financing and could drive many providers from the Texas market, hurting small businesses that struggle to secure traditional bank loans. Read more
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Take This Industry Fraud Evaluation Survey | Fraud is becoming an increasing issue in the alternative lending sector, particularly for small business lenders, leading to increased risk of defaults and operational losses. To better understand this issue, MoneyThumb and deBanked have partnered to conduct a survey across various institutions, the results of which will be offered as a report to participants before becoming publicly available. Read more
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