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Business Wire | August 25, 2020
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS), and AllDigital Specialty, a de novo MGA, today announced a partnership to develop and launch a new insurance platform designed to address the service void in the U.S. small private company management liability market. AllDigital utilizes low-touch/no-touch technology that will enable AXIS to operate a fast and efficient digital platform to quote, bind and issue polic...
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...
PR Newswire | January 29, 2020
Paycheck Inc., a wholly owned subsidiary of Sareen and Associates that has been providing HR and Payroll services to small businesses nationwide for over two decades, has expanded its service offering this month. The HR/Payroll services provider has added the following to its business services menu: Arun Sareen, the president of Paycheck Inc., stated, "For us, it's always been all about service and making it easier for small business owners to manage their business and stay in regulator...
Business Strategy
Klarna | July 16, 2021
Klarna, which is a leading global retail bank, payments, and shopping service, announced the first group to receive grants from the recently launched Klarna Small Business Impact Initiative that will help SMBs recover from a loss of business due to pandemic. Recipients will receive a share of $4.5 million in Klarna services, including one year of fee-free payments and $40,000 in free media that will increase marketing exposure across Klarna's ecosystem. Over the next few weeks...
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