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NerdWallet | November 03, 2020
Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free financial content. “It can be the wild wild west out there for small business owners,” Hecht said in ...
PYMNTS.com | April 08, 2020
Small businesses overwhelmed U.S. financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 billion in applications. It was a shaky ...
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Voya Financial | February 25, 2022
Voya Financial, Inc., announced today, the launch of a new grant program to aid small businesses owned by individuals from underrepresented communities. The five recipients, all Black-owned, technology-based businesses, will each be awarded $10,000 to help them grow and thrive. “This inaugural grant program reflects our mission to make a secure financial future possible for everyone. Several of these startups are women-owned, all are Black-owned, and each one demonstrates a ...
PR Newswire | February 06, 2020
Today New York based Zuul Kitchens (Zuul) takes the stand to support local small businesses in New York City. Zuul's co-founders Corey Manicone and Sean Fitzgibbons are scheduled to speak at an oversight hearing of the New York City Council regarding Ghost Kitchens and the Future of the Restaurant Industry. Ghost kitchens are commercial kitchen spaces optimized for delivery-only operations. With the rise of delivery services like Grubhub and DoorDash, many small restaurants have seen this si...
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