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Technology

Codat | May 12, 2022

Codat, the universal API for small business data, announced the general availability launch of Assess, its new flagship risk product that enables smarter credit decisions on small to medium-sized businesses with real-time customer data via a single API. Codat built Assess in response to lender requests for a product that would support faster business decisions without increasing risks. Since Assess was made available to existing clients, 25 financial service providers have already made use...

Technology

Coder | June 21, 2022

Providing developers with instant productivity while working from anywhere, with built-in security. Coder, the makers of code-server, has announced the release of a new open-source project that allows developers and data scientists to create cloud workspaces in minutes in a consistent, secure, and flexible manner. In addition, the Coder developer platform increases productivity by eliminating setup time and effort and lowers exposure to security threats. Coder shift...

Finance

Marlin | January 21, 2022

Marlin Business Services Corp. announced the completion of its acquisition by funds managed by affiliates of HPS Investment Partners LLC effective January 20, 2022, for $23.50 per share in an all-cash transaction. Marlin Business Services Corp is a nationwide provider of capital solutions to small businesses. Marlin joins the Global Leasing Platforms (the "Platforms") maintained by HPS affiliates, which include PEAC UK and PEAC Europe, and operate in 11 countries combine...

PYMNTS | April 27, 2020

The race is on. The Small Business Administration (SBA) is set to take applications for the second round of the Paycheck Protection Program (PPP) as of 10:30 a.m. on Monday (April 27). President Donald Trump signed the $484 billion COVID-19 rescue bill on Friday (April 24). It includes $310 billion in new money for the latest bailout. The first round of PPP funding ran out of cash within days of being released on April 3. “The PPP has supported more than 1.66 million s...