Federal Stimulus Package Gets off to a Rocky Start as SMB’s Seek Capital Quickly
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
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
Citigroup CEO Michael Corbat said the bank was working to develop their own portal to help push capital to small businesses as part ...
Fintechs Releasing Side Projects Amid Coronavirus Crisis
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
Business Insider asked some leading fintech investors their advice for companies during the current crisis; investors include Bain Capital Ventures, Clocktower Technology Ventures, ...
Yapily Raises $13 Million Series A
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
Mike Baliman runs the London Fintech Podcast and last made an appearance on the Lend Academy Podcast back in 2016; Baliman has recently ...
The Sorry State of the Paycheck Protection Program
Today was supposed to be the day that the Payroll Protection Program (PPP) rolled out at banks and fintech lenders across the US; ...
From the LendIt Fintech Vault: Analytic Innovations Using Consumer Permissioned Data
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Bank of America Becomes First Big Bank to Start Accepting PPP Applications
Bank of America becomes the first of the big four banks to allow applications for the Paycheck Protection Program (PPP); it launched its ...