Lagash

Reuters: Business & Financial News, | February 05, 2020

What is worrying Rao Yong more than the daily news updates of a virus outbreak gripping China is that he may soon have to shut his online handicraft store and tell the 1,400 craftswomen he employs he is no longer able to sell their work. Rao, from eastern China’s Zhejiang province, is among millions of small business owners feeling the ripple effects of the epidemic which has killed 490 people in China and infected over 20,000. Businesses face widespread disruption as local governments ord...

The Next Web | January 28, 2020

RealityEngines.AI today came out of stealth to launch an autonomous AI generation service aimed at startups and medium to large enterprises that have put off adopting AI due to a shortage of data or personnel. What’s interesting here is the that the company’s taken on the data gap between big tech and wee startups. One of the biggest bars to AI adoption for businesses is a lack of data. It’s relatively easy for Google or Facebook to collect gobs and gobs of data, but what if yo...

Send Press Releases with GlobeNewswire | February 27, 2020

Lendio, the nation’s largest marketplace for small business loans, today announced it has secured $55 million in capital, including $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. The equity round was oversubscribed by existing investors including Napier Park Financial Partners, Comcast Ventures, Blumberg Capital, Stereo Capital and Runa Capital. The funding enables Lendio to increase the scope and precision of its loa...

FINANCE

NorthOne | May 26, 2021

NorthOne, the FinTech that built one of the country’s leading banking apps for small businesses, today announced that it's partnered with The Bancorp Bank, Member FDIC, to provide banking services to NorthOne’s fast-growing customer base, and Galileo Technologies to deliver more processing services to new and existing NorthOne customers. What The Bancorp Bank’s other consumer FinTech partners have finished American individuals, NorthOne will now be able to do for small busi...