Fintechs push education for struggling customers
Challenger banks are finding their educational and budgeting tools increasingly relevant as the novel coronavirus rattles the economy. “This is ...
Tag: Premium
Banks retool customer service in the scramble for PPP loans
Banks are feeling the pressure of small businesses nationwide applying for Paycheck Protection Program loans. With the launch of the ...
Will COVID-19 burst fintech’s funding bubble?
Fintechs will likely have a tough time securing funding as the coronavirus pandemic continues to shake up the U.S. economy, prompting investors to ...
SBA loan platforms could be fintech’s ‘big moment’
A handful of fintech providers are bringing SBA Paycheck Protection Program loan platforms to market, a move that could be ...
Better.com profits from low interest rates and recent layoffs
Laid-off hospitality workers can start new careers as loan officers with Better.com. The digital mortgage lender plans to hire 1,000 ...
SoFi to buy Galileo for $1.2B to broaden reach
In a year of major fintech acquisitions, SoFi today announced a $1.2 billion deal to acquire Galileo, a financial services ...
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 ...
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 ...
Wells Fargo says Fed cap is limiting small-business relief
Wells Fargo & Co. said it can’t fully meet demand from small businesses rushing to participate in a U.S. relief ...
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 ...
