• Dec. 7, 2016, 6:07 pm

Small Business

Lendio raises $20M

Lendio raises $20M

Small business loan marketplace Lendio has secured $20 million in funding from Comcast Ventures and Stereo Capital. Existing investors Napier Park, Blumberg Capital, Tribeca Venture Partners and North Hill Ventures also participated. The funds will be allocated toward marketing and ...

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Bizfi names CEO

Bizfi names CEO

Small business funding marketplace Bizfi has named John Donovan CEO. Mr. Donovan has three decades of experience in the consumer and small business payments and alternative finance industries, including almost 20 years with MasterCard. He worked on global card and ...

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Financeit announces $17M round

Financeit announces $17M round

Canadian POS financing provider Financeit has completed an equity financing round led by new investors The Pritzker Organization and DNS Capital. Existing investors also participated. The funds allow Financeit to complete the purchase of TD Bank Group’s indirect home improvement ...

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Barbara Corcoran to promote OnDeck

Barbara Corcoran to promote OnDeck

Online lender OnDeck has launched a national marketing campaign featuring Shark Tank judge Barbara Corcoran. Ms. Corcoran  will be featured in radio, television and customer communications and serve as a contributing editor to OnDeck’s blog. In 2015 OnDeck initiated the ...

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Fundation secures $100M from Goldman Sachs

Fundation secures $100M from Goldman Sachs

Marketplace lender Fundation has secured a $100 million asset-backed credit facility from Goldman Sachs. The funds are earmarked toward increased small business lending. Fundation develops relationships with different lending sectors and allows those partners to offer lending capability to their ...

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