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Technology

Celero Commerce | January 19, 2022

Celero Commerce (“Celero”), a top ten non-bank payment processor, today announced the acquisition of OMEGA Technology (“OMEGA”) a premier provider of electronic transaction processing. With the addition of Kentucky-based OMEGA, Celero will serve over 50,000 merchants processing approximately $20 billion in annual card volume. Founded in 2003, OMEGA provides electronic payments solutions, business analytics, and software solutions for small businesses and fi...

PR Newswire | March 24, 2020

Wefunder, the nation's leading investment crowdfunding platform, today announced a new loan product to help small businesses struggling with the economic impact of coronavirus. The Coronavirus Crisis Loan, available now to any small business, enables businesses to crowdfund a loan from customers, family, friends, and the Wefunder community of 400,000 investors to provide critical cash flow during this economic crisis at a reduced interest rate. Last week, Wefunder also announced the Fight th...

Business Wire | March 24, 2020

Fifth Third Bank, National Association, today provided additional detail on immediate steps it is taking to help customers impacted by the pandemic, augmenting its prior announcement last week to include new small business customer-centric provisions. “We understand that many of our small businesses are struggling right now to meet immediate needs,” said Greg D. Carmichael, chairman, president and CEO of Fifth Third Bancorp. “We are proactively taking steps to help lessen the f...

City A.M. | Business with personality | January 22, 2020

London-based fintech Liberis has raised £32m to help fund the growth of the small business finance provider and expansion in the US and Europe. The funding raise is the first institutional equity fundraise by Liberis, which lends money to small businesses against their future debit and credit card sales, and was led by investment firm FTV Capital. The raise takes the total debt and equity raised by the fintech, which has offices in London, Denver, and Stockholm, to over £150m. &ldquo...