ID Finance, myTU Launch Instant Loan Payouts
Fintech lenders need speed and resilience; the two companies executed full technical onboarding in less than 24 hours to avoid service disruption
Fintech lenders need speed and resilience; the two companies executed full technical onboarding in less than 24 hours to avoid service disruption
Parafin, a leader in embedded financial services, and Fullsteam, a software and payments platform serving vertical-specific businesses, today announced they have surpassed $125 million in financing through their embedded capital partnership. Launched in September 2022, Parafin and Fullsteam’s partnership enables small businesses to access financing directly through the Fullsteam ecosystem. Since its inception, the program has expanded to support many of Fullsteam’s business units across industries such as salons, party rentals, limo services, and breweries....
- Paragon Bank (£35m) and LGB Capital Markets (£10m) support company’s first debt financing milestone-
70 lenders onboarded, 40K new members added, Gen Z in focus as credit unions scale digital reach
Groundbreaking partnership integrates Delfi’s institutional-grade, AI-native portfolio and loan-level analytics with Community Capital’s digital loan marketplace to empower institutions of all sizes to manage risk, return, and liquidity with unprecedented precision.
Vine Powers Commercial Lending for Crest Savings Bank
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...
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...
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,...
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