Direct Lending - FinTecBuzz

Parafin Launches AI-Powered Pay Over Time for Small Biz Financing

September 24, 20255 min

Parafin, a leading embedded finance company, today announced the launch of Pay Over Time, the latest addition to its suite of financing products. Pay Over Time introduces a new payment method that lets small businesses defer payments on essential expenses such as inventory, equipment, payroll, advertising, and rent—directly within the platforms they already use. The product is already live with Gusto as a payroll line of credit. Expanding access to fast, flexible financing Parafin has...

by BusinessWire

Direct Lending

Parafin & Gusto launch payroll credit line for small biz

September 19, 20254 min

Parafin, a leading provider of embedded financing, today announced a strategic partnership with Gusto, a leading platform for small businesses to manage their payroll, HR and benefits, serving more than 400,000 businesses. Together, the companies launched Payroll Bridge, powered by Parafin, which offers a line of credit to cover payroll. For many small businesses, payroll is the single most important and time-sensitive expense. Even a short-term cash flow gap can put employers in the difficult...

by PRNewswire

Direct Lending

Splash Financial Raises $70M, Launches HELOC Product

September 18, 20256 min

Splash Financial, a leading AI-enabled lending marketplace, today announced it has secured more than $70 million in a Series C funding round and launched a new home equity line of credit (HELOC) product. Splash connects consumers with a network of credit unions and banks through automated loan processing technology, helping traditional lenders deliver modern, frictionless borrowing experiences at competitive rates. The round was led by Grand Oaks Capital, with participation from First Tech Federal Credit Union, Curql Collective,...

by GFT

Direct Lending

GFT’s AI Credit Risk Assistant Streamlines Major Lending Decisions

September 18, 20256 min

The New Tool Gathers Financial Insights and Assesses Confidence, Reducing Credit Report Creation Time by 40%; Analysts Can Spend More Time Making Complex Risk Decisions

by BusinessWire

Direct Lending

Cardo AI Powers Multitude Bank’s Asset-Based Lending

September 16, 20253 min

Cardo AI, a leading technology platform for asset-based finance and private credit, today announced a strategic partnership with Multitude Bank p.l.c., a subsidiary of the listed Multitude AG. The collaboration will use Cardo AI’s platform to automate and streamline Multitude Bank’s asset-based lending (ABL) operations, enhancing efficiency and transparency in funding for small and medium-sized enterprises (SMEs). “Technology is the key to accelerating growth in asset-based credit,” said Altin Kadareja, Co-Founder & CEO of Cardo AI. “By...

by GlobeNewswire

Direct Lending

Fundbox Integrates with EverCommerce to Fund SMBs Faster

September 12, 20254 min

Fundbox Launches Arrangement with EverCommerce to Deliver Fast, Flexible Funding Through Joist Lending and Invoice Simple Lending

by GlobeNewswire

Direct Lending

NETSOL Wins Major Auto Finance Deal in Australia & NZ

September 12, 20255 min

The customer selected NETSOL after a highly competitive evaluation process, during which Transcend Finance emerged as the superior solution, displacing an industry competitor

by BusinessWire

Direct Lending

Wisetack, Group 1001 Partner to Boost Home Services Lending

September 5, 20253 min

Wisetack, the leading platform for embedded pay-over-time options for in-person services, today announced a new forward flow capital partnership with Group 1001. Under the agreement, Group 1001 will purchase home services and home improvement loans originated through Wisetack technology and its network of merchants and SaaS partners. This transaction provides a significant capital commitment that enables Wisetack to offer competitive terms to borrowers and create new growth opportunities for merchants. Focused on the home services sector,...

by BusinessWire

Direct Lending

KEO World Merges GTC Program with MAHA Capital

September 1, 20254 min

KEO World Inc., a lending fintech infrastructure platform for embedded credit B2B payments, today officially entered into a binding agreement to combine its GTC business with MAHA Capital AB, a publicly listed investment company on Nasdaq Stockholm. This transaction is designed to significantly strengthen our financial foundation and accelerate our global expansion. MAHA brings over USD 120 million in cash and liquid assets, while Keo investors will contribute an additional USD 35 million. Together, the...

by First Northern Credit Union

Direct Lending

First Northern CU Picks Appli to Modernize Lending

September 1, 20255 min

Chicago-based credit union implements AI-powered calculators to provide more accurate loan guidance for members

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