StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies. ... Read full article
The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers. ... Read full article
Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed. ... Read full article
Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks. ... Read full article
Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice. ... Read full article
Traditional financial institutions still have an advantage over challenger banks when it comes to building relationships with small merchants, despite scandals that have befallen megabanks. ... Read full article
The New York unit of Popular has contracted with Biz2Credit to automate commercial loan approvals and handle the underwriting for applications under $100,000. ... Read full article
