Plaxo

Insurance Business | February 25, 2020

CPP Secure, the managing general agent business of insurtech CPP Group UK, has allied with the UK retail division of insurance broker Gallagher to provide cyber protection to small business clients. Primarily a bolt-on addition for customers purchasing SME package insurance, the new cyber product is underwritten at Lloyd’s of London, is offered by CPP Secure, and will be accessed by Gallagher through the Acturis insurance administration and trading platform. “The partnership with CPP...

BUSINESS STRATEGY

eCapital Corp. | August 09, 2021

eCapital Corp., a leading capital solutions provider for small and medium-sized businesses in North America and the UK, today announced the launch of a new commercial credit card program with Visa, the world leader in digital payments. The eCapital platform provides clients with direct connections to the funds in their eCapital accounts and robust reporting to manage all Visa transactions. Through this collaboration, the Company can offer clients new options for receiving funds through a commerc...

Crunchbase News | February 28, 2020

Lendio, a Lehi, Utah-based free online marketplace for small business loans, has secured $55 million in capital. That includes $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. According to the company, the equity round was oversubscribed by existing investors including Napier Park Financial Partners, Comcast Ventures, Blumberg Capital, Stereo Capital and Runa Capital. It brings Lendio’s total raised since it was founded...

Benzinga | March 05, 2020

Be aware of the malicious work e-mail. The new message in your inbox, seemingly from your boss or human resources, is actually the most common way hackers gain access to small business networks and potentially sensitive client data. Ensuring that your business is protected against ransomware attacks has rapidly grown from being an amenity to a necessity. In 2019, 43% of cyberattacks were aimed at small businesses. And in an equally unsettling statistic, a research survey conducted by insurance c...