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BUSINESS STRATEGY

Funding Circle | August 17, 2021

Funding Circle, the small business loans platform and Congressional Bank, a bank headquartered in Maryland, have today announced an extension of their existing lending partnership to provide more capital to small businesses across the US. The second phase of the partnership will significantly expand Congressional’s purchase of loans through the Funding Circle platform. By utilizing Funding Circle’s technology and powerful risk models Congressional benefits from a highl...

TECHNOLOGY

EclecticIQ | November 19, 2021

Detroit-based AaDya Security announced today that the company has partnered with EclecticIQ, a leading global provider of cyber threat intelligence, hunting and response technology and services, to offer its innovative endpoint detection and response (EDR) technology to customers of AaDya's all-in-one cybersecurity platform. Built specifically for small and midsize business customers, AaDya's platform is the first to offer six pillars of protection in a unified platform. T...

TECHNOLOGY

Thumbtack | March 10, 2022

Thumbtack, the modern home management platform, today announced the launch of its latest offering for local professionals: Front Desk. This new concierge service is personalized to help small businesses turn even more potential customers into confirmed jobs. Now, hundreds of thousands of small business owners can optimize their operations to be more efficient and more profitable. “Today, our Front Desk team responds to inquiries in 2 minutes, which means custom...

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...