Reval's treasury tools to be acquired, the U.S. gets its newest alt-lender, and Baker Hill talks lenders' Big Data challenges.
| | | | | BUSINESS TO BUSINESS EDITION | | For SMBs, Access to, and Managing, Capital
Online lending may be experiencing some growing pains, but SMBs still need access to short term capital. As noted by Danny Chazonoff, COO of Paysafe, and Christophe Choquar, VP of IOU Financial, told PYMNTS that education, in additional to technology, smooths the lending process.
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| Massive Funding Rounds, And Record-Setting IPOs Ahead
This week not only saw some of the largest investment rounds of the year, but B2B fintech companies are also ready to go public. More than $210 million was raised across India, the U.S. and U.K., injecting renewed confidence in the industry. But for those firms that don't take the VC route, record-setting IPOs could be close ahead.
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| | Big Data | | Big Lenders Need Help With Big Data, Too
Partnering with a competing alternative lender isn't the only way traditional banks can quickly obtain new lending technology. Baker Hill says partnering with third party providers for data analytics is critical in today's demanding market. A better data strategy, says Mike Horrocks, is key to competing with new market entrants. Read More... |
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