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Rapid Finance expands API-supported SMB disclosure service

Rapid Finance, a leading small business (SMB) banking platform specialising in providing customised financing solutions, announced the availability of its SMB disclosure service, a standalone Software-as-a-Service (SaaS) Regtech module, to assist business funders and financing companies comply with Connecticut’s commercial...

#commercial finance#disclosure requirements#financial disclosure

PayPal pays first invoice using stablecoin

PayPal has successfully conducted its first business transaction with its stablecoin, PayPal USD (PYUSD), as reported by Bloomberg. The transaction…

#B2B payments#PayPal


Storfund launches Daily Advance for TikTok Shop

Fintech firm Storfund has partnered with TikTok Shop to introduce the first fully embedded cash flow solution in a major…

#cashflow finance#embedded finance#invoice finance


WFY’24: Brazilian factoring records 10% growth in 2023

Brazil started 2023 with a new government, and then political unrest with a near coup on 8 January 2023, stated…

#Banco Ourinvest#João Costa Pereira#trade finance


Stenn opens Atlanta office to support further expansion

Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, today announced the…

#expansion#fintech hub#Noel Hillman


White Oak Commercial Finance provides a US$120m ABL facility...

White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, closed a new US$120m 3-year senior…

#asset based lending#Kevin Cox#Kevin Sauder


Stonebriar Commercial Finance announces Nicholas Sandler as CEO

Stonebriar Commercial Finance (Stonebriar), a leading provider of asset-based private credit solutions with US$7.3bn of owned and serviced assets, announces…

#Dave B. Fate#Nicholas Sandler#Stonebriar Commercial Finance


SFNet: Asset-Based Lending deal activity surged in Q2

Cautious optimism marked the second quarter in the asset-based lending market as banks and other lenders saw a rise in…

#asset based lending#Commercial Finance Association#Richard D. Gumbrecht


Secured Finance Network publishes mid-year factoring survey

Overall healthy factoring demand, while less than anticipated due to weaker spending in key client sectors, suggests that the factoring…

#Secured Finance Network


SLR Business Credit acquires US$115m factoring portfolio from Webster...

SLR Investment Corp. announced that on September 27, its subsidiary, SLR Business Credit, acquired an asset-based factoring portfolio and operations…

#acquisition#asset based lending#factoring


Outgo reaches a new milestone in freight factoring

Freight factoring provider, Outgo, announced it has achieved a new milestone, becoming the industry leader in funding speeds for carriers…

#freight factoring#Outgo


Viola reveals US$500m strategic JV with Cadma to expand...

Viola Credit (Viola), a global asset-based lending provider and Cadma Capital Partners (Cadma), a speciality financing company for high-growth technology…

#alternative credit asset manager#asset based lending#Cadma Capital Partners

First Pacific Bank expands its instant payments offerings with...

Finastra announced that First Pacific Bank, a Southern California-based community bank that offers custom financial solutions for individuals and businesses,…

#Finastra#First Pacific Bank#open finance

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