Retail Acumen

FINANCE

PR Newswire | November 03, 2023

Over three quarters (76%) of small business owners believe that their company is equipped to handle any upcoming economic instability, according to a new survey conducted by OnePoll and Melio – a leading B2B payments-as-a-service platform for small businesses. With interest rates at a 22-year high, the survey finds that increased interest rates (61%), inflation (59%), and a looming ...

Business Strategy

Fundera | October 30, 2020

NerdWallet™, a website and app that provides financial guidance to more than 160 million consumers every year, has acquired Fundera, the go-to financial resource for the 28 million small and medium-sized businesses (SMBs) operating in the United States. Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a stronger foothold in the SMB market and advancing its mission of providing clarity for all of life's...

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...

Business Wire | January 20, 2020

OnPay, the top-rated payroll service provider for small businesses and accountants, today announced the completion of a $6 million Series A funding round. This exceeds the original goal of $5 million for its first round of venture financing. The company, headquartered in Atlanta, provides payroll, HR, and benefits services to more than 10,000 clients across the United States. “Our rapid growth over the past year signals a significant demand for high-quality payroll services,” said Je...