Federal Stimulus Package Gets off to a Rocky Start as SMB’s Seek Capital Quickly

April 6, 2020

Small businesses are becoming more anxious by the day with the crisis showing no signs of ending in the near term; the federal ...

Wells Fargo Can’t Meet Loan Demand Due to Constraints Set by Fed

April 6, 2020

Fintech, USA

Wells Fargo currently has capacity to lend $10 billion to small businesses under the $349 billion government program; not surprisingly, demand has already ...

Citi Develops Portal to Help Deploy Stimulus Capital

April 6, 2020

Fintech, USA

Citigroup CEO Michael Corbat said the bank was working to develop their own portal to help push capital to small businesses as part ...

The UK Should Follow Australia’s Lead in Assisting Non Bank Lenders

April 6, 2020

Europe, Fintech

While writing in AltFi LendInvest’s Executive Chairman Christian Faes said the UK government should follow what Australia has done to help non bank ...

Fintechs Releasing Side Projects Amid Coronavirus Crisis

April 6, 2020

Fintech, USA

AltFi has compiled a list of the fintech companies that have started new initiatives to help consumers during challenging times; one initiative called ...

Fintech Investors Offer Advice to Companies During Crisis

April 6, 2020

Fintech, USA

Business Insider asked some leading fintech investors their advice for companies during the current crisis; investors include Bain Capital Ventures, Clocktower Technology Ventures, ...

The Current State of Personal Loans in China

April 6, 2020

China, Fintech

Executives at some Chinese banks and online lenders are reporting that more consumers are becoming delinquent on their credit card and loan payments; ...

Yapily Raises $13 Million Series A

April 6, 2020

Fintech, USA

Yapily offers an open banking API that serves all sorts of enterprises including financial service providers, merchants, accountancy firms, payments firms, cryptocurrency companies ...

Lend Academy Podcast: Mike Baliman on Small Company Boards

April 6, 2020

Fintech, USA

Mike Baliman runs the London Fintech Podcast and last made an appearance on the Lend Academy Podcast back in 2016; Baliman has recently ...

More News for April 6th, 2020

April 6, 2020

Fintech

Market Improvements; Contrarian View on U.S. Consumer; SBA PPP Program Holes Indian and SE Asian fintechs braced for coronavirus storm FinCEN Reminds FIs To ...