Khosla Labs

PYMNTS | June 17, 2020

A U.S. House panel is investigating if multiple banks gave preferential treatment to large, well-funded firms compared to companies in minority or isolated areas when making loans meant for providing COVID-19 relief, Bloomberg reported. In a letter to Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza, several U.S. representatives said that some big lenders reportedly made a system with two levels to handle Paycheck Protection Program (PPP) ap...

Marketing and Networking

Berkley | July 13, 2021

Berkley Small Business Solutions was established today by W. R. Berkley Corporation. The new operational unit will provide commercial insurance products for small businesses using a modern technology platform that will use data and analytics to provide a better customer experience. Its first product offering will concentrate on preferred risks in the non-fleet transportation market. The new operating unit's president is Jeanne R. Fenster. Ms. Fenster joined Berkley in 2...

Finance

Fulcrum Digital | September 18, 2021

Retail Merchant Services (RMS), a flexible payment solution for small businesses across the UK and Ireland, has partnered with Fulcrum Digital, a leading business platform, and digital engineering services company. Fulcrum Digital will support RMS in its rapid digital transformation to deliver a superior digital customer experience and creating a diverse portfolio of technology-driven products and solutions for the payments industry. The pandemic disrupted almost every sector, and...

NextPoint | February 23, 2021

NextPoint Acquisition Corp. (TSX: NAC.U) (TSX: NAC.WT.U) ("NextPoint"), a traded on an open market unique reason acquisition organization (SPAC), announced today that it has entered into conclusive agreements to acquire Liberty Tax and LoanMe. The consolidated business, to be named NextPoint Financial Inc., will be driven by industry veterans Brent Turner, as Chief Executive Officer, and Andy Neuberger, as Chairman. Established in 1997, and with over 1.6 million returns ...