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ZDNet | February 21, 2020
PayPal has provided AU$500 million to 7,000 businesses in Australia since it launched a working capital offering less than five years ago alongside Citi. "We can see that there is an ongoing demand for alternative finance solutions to support small businesses and help them thrive," PayPal said in its submission [PDF] to the Select Committee on Financial Technology and Regulatory Technology. PayPal considers "information asymmetries" having previously been a "tremendous&q...
Technology
Wolfe, Inc. | February 15, 2023
On February 14, 2023, Wolfe Inc., a nationally recognized background screening company, announced that its multidisciplinary software, WolfeOne, now includes HRIS capabilities for HR departments. Wolfe received its PBSA accreditation in background screening just recently, making it one of only ten percent of background screening firms in the United States to hold this distinction. In addition to providing drug testing, it offers a suite of hiring and retention tools to businesses across th...
Finance
Funding Circle | May 27, 2022
Funding Circle, one of the most popular online small business loan platforms in the United States, has launched a new program for BancAlliance, a network of over 325 community banks, in which participants can buy a diversified pool of interests in small business loans originated on Funding Circle's platform. With this new idea, the community banks that are part of BancAlliance can invest in Main Street businesses in a more efficient and cost-effective way. ...
Business Strategy
Fundera | October 30, 2020
NerdWallet™, a website and app that provides financial guidance to more than 160 million consumers every year, has acquired Fundera, the go-to financial resource for the 28 million small and medium-sized businesses (SMBs) operating in the United States. Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a stronger foothold in the SMB market and advancing its mission of providing clarity for all of life's...
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