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Finitive | September 15, 2020
Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, today announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. The specialty finance company will use the credit facility to purchase distressed and non-performing portfolios from non-bank MCA lenders, and also from investors and warehouse lenders to MCA lenders...
FINANCE
Novo | January 12, 2022
Novo reported that it has raised $90 million in Series B fundraising at a valuation of $700 million. Novo is a banking platform for small businesses. Stripes led the investment, with current investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup continuing to participate. Novo's total funding to date exceeds $135 million. Michel Rangel, CEO, and co-founder of Novo, stated, "With this additional funding, Novo will take a huge leap forward in improving...
Highnote | February 14, 2022
Tillful announced teaming up with Highnote and Mastercard to introduce the Tillful Card. Tillful is the leading business credit platform for small and medium-sized businesses. Tillful Card is a new and first-ot-its-kind business credit card purpose-built for SMB owners to help increase their access to credit and growth capital. Tillful is the main product of Flowcast, the market leader in ai-powered credit risk models and a venture capital firm funded by ING Ventures. Tillful prov...
BUSINESS STRATEGY
Keap's | September 20, 2021
Keap, the leader in sales and marketing automation software for small businesses, today announced expanded e-commerce capabilities in its Pro and Max editions that will help entrepreneurs to scale their business and increase revenue while saving time. The customizable e-commerce platform includes easy-to-use checkout forms, a native Shopify integration and premium payment processors like PayPal, Stripe, and WePay directly within the app. Because entrepreneurs have had to use diffe...
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