Micro-Entry Origination Posting 
Fintech News
OCTOBER 28, 2024
Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. Four finalists were shortlisted in each category.
CB Insights
SEPTEMBER 10, 2019
Investing: Robo-advisors and micro-investing lower barriers to entry. Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. Investing: Robo-advisors and micro-investing lower barriers to entry. As of 2018, the app had 3.7M
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FICO
SEPTEMBER 13, 2021
As already indicated, given the current climate and the different landscape of online only micro-merchants, this process is too long. . Ingesting internal data from disparate sources eliminates manual data entry and reduces judgmental underwriting decisioning while creating consistency through automation.
Fintech News
JULY 23, 2024
The company offers innovative digital financial services aimed at empowering local and regional micro, small, and medium enterprises (MSMEs). The company’s platform integrates these services into a single entry point on the Grab app, catering to consumers who prefer accessing all their digital financial services on one integrated platform.
FICO
JULY 28, 2021
NACHA, the payments clearing house through which ACH transactions flow, reported a banner year in 2020, posting an 8.2% Specifically, ACH Originators of WEB debit entries are required to use a “commercially reasonable fraudulent transaction detection system” to screen WEB debits for fraud. increase in volume and a 10.8%
CB Insights
FEBRUARY 13, 2020
In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. In its Q3’19 10-Q, Square said Capital had originated 85,000 loans totaling $563M, up 38% year-over-year. Source: Square. Business lending & corporate cards.
PYMNTS
JULY 1, 2019
And all of them – developed and developing – use regulated rails, bank accounts and compliant fiat currencies to remove user confusion and friction, establish trust, enable merchant acceptance and accelerate market entry and scale. But as I said in my original piece , they couldn’t have made it any more complicated.
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