Tag: small business lending
FinTech Wayflyer secures $250m credit facility
Wayflyer, a FinTech specialising in working capital solutions for fast-growing small businesses, has secured fresh institutional backing of $250m.
The company has agreed a $250m,...
Enova agrees $369m acquisition of Grasshopper Bank
Enova International, a financial services provider specialising in online lending, data analytics and machine learning-driven credit decisioning, has announced a definitive agreement to acquire...
Exelon invests $5m in Lendistry to back small businesses
Lendistry, a nationwide small business lender and Community Development Financial Institution (CDFI), has secured a $5m investment from Exelon, one of the largest energy delivery companies in the United States.
Northwestern Mutual backs five FinTech startups in latest accelerator cohort
Five startups have been selected to join the latest cohort of the Northwestern Mutual Accelerator, powered by gener8tor, bringing fresh innovation to FinTech, InsurTech, health and wellness, and data security.
Groov secures £1.5m seed funding to advance embedded lending platform for...
Groov, an embedded lending platform, has announced the completion of its £1.5m seed funding round.
Bankwell Financial partners with Lendio for instant SBA 7(a) loan offers
Bankwell Financial Group, a notable commercial bank, has partnered with Lendio, a leader in the small business lending space.
Accord Financial secures $100m in new funding to propel growth
Accord Financial, a prominent North American commercial finance company, announced today the establishment of two new strategic funding facilities aimed at bolstering its small business and media financing arms.
Small business lender Kapitus secures $45m in corporate note financing
Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $45m investment-grade corporate note financing.
Levr.ai clinches $1m boost to revolutionise small business lending with AI
Canada-based Levr.ai, the cutting-edge intelligent loans software platform, has successfully raised an additional $1m in seed funding, building on its previous fundraising efforts which have now totalled over $2.5m.
Navigating the compliance maze: A guide to the CFPB’s Section 1071...
Navigating the complexities of the Consumer Financial Protection Bureau's (CFPB) Section 1071 rule is crucial for financial institutions across the United States.










