VC firms, startups face headwinds with SBA loans
As small businesses race to apply for Paycheck Protection Program loans from the Small Business Administration, many venture capital firms ...
Tag: Coronavirus
Banking app Dave ‘on the hunt’ for remote work opportunities
Banking platform Dave is increasing its integrations with remote work employers as the coronavirus pandemic keeps consumers home, resulting in ...
Fintechs, lacking guidance, pivot to SBA loans
U.S. Treasury Secretary Steve Mnuchin last weekend confirmed “any fintech lender” will be authorized to make small business loans as ...
Startups are scrambling for access to $349 billion in relief loans
Representatives for venture-backed startups are pushing for the companies to get access to $349 billion in small business loans authorized ...
B2B payments companies seek growth amid pandemic
Despite the current economic uncertainty resulting from COVID-19, some business-to-business payment companies are gaining traction with clients and investors alike. ...
As pandemic spending shifts, Brex keeps up with rewards
Brex, a corporate card and financial product startup, is shifting the rewards points on its credit cards to better accommodate ...
SMB lender Kabbage furloughs employees
Small business lender Kabbage is furloughing a significant number of its U.S. employees, according to a company spokesperson. The company ...
Ally Invest trade volume spikes 300% with market volatility
As the coronavirus pandemic continues to rock the U.S. economy, the volume of trade on the Ally Invest platform has ...
Weekly Wrap: Coronavirus dislocation continues to rock fintech
In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic ...
4 business challenges of COVID-19 and solutions to fight them
While financial services companies large and small scramble to cope with the economic fallout of the coronavirus pandemic, there may be a silver lining to the ...
