fundbox News of 04/05/20
Lending Startups Are Angling For New Business From The COVID-19 Bailout
As the largest federal stimulus package in the history of the United States, the Coronavirus Aid, Relief and Economic Security Act, injects a planned $2.2 trillion into the U.S. economy, fintech startups are angling to get a seat at the table when ...
Plastiq Raises $75m To Help Small Businesses Use Credit Cards More
When Eliot Buchanan tried to use his credit card to pay his Harvard tuition bill, the payment was rejected because the university said it doesn’t accept credit. Realizing the same problem exists for thousands of different transactions like board, ...
Jenfi Wants To Solve Small Business Lending In Southeast Asia
Small business lending is a huge market that has attracted massive attention from VC investors in recent years. Startups like Kabbage have raised more than a billion dollars in venture capital and debt to create lending platforms for businesses, and ...
Fundbox Raises $176 Million Series C To Build ‘Visa’ For b2b Payments
Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk ...