Venture Capital Funding for Fintechs Off to a Strong Start

Venture Capital Funding for Fintechs Off to a Strong Start

Venture Capital Funding for Fintechs Off to a Strong Start

Late March and April were busy months for fintech funding. The year started out very strong for fintech companies and has only grown as the months have gone by. In fact, early-stage companies were able to raise millions of dollars over just a months’ time.

Series A funding rounds were held by Novo, a challenger institution in the field of small-business banking, and the no-code platform provider Unqork. In addition, the stimulation software provider Simudyne and the construction-lending platform provider Built Technologies attracted investments from large banks like Regions Financial, Barclays and Goldman Sachs.

Ever-growing in popularity, artificial intelligence ideas also continue to draw bank support. Online lender Upstart raised $50 million in Series D round. The company also said it could both lower loan loss rate and increase the number of customers underwritten.

At the same time, Extend is building a platform to distribute digital cards by partnering with payment networks and card issuers. Likewise, startup MotoRefi has claimed that it can save consumers $100 a month on vehicle refinancing by connecting them to trusted credit unions and community banks.

Payments Industry Continues to be Transformed

Competition in the payments industry continues to intensify. Meanwhile, traditional banking space continues to struggle in its attempt to recover from its weak state. Since the Great Recession, traditional lending has just not been the same and access to small business financing limited.

For new and established businesses in need of financing, this does not mean the end of your business plans. Your chances of being approved for funding are actually higher than they were just a few years ago, thanks to alternative lenders like First American Merchant.

Through a reputable alternative lender, merchants are able to secure the lowest rates for exceptional financing solutions like a fintech business loan. These providers also offer business funding merchant cash advance iso solutions. Working with a provider like FAM that specializes in the high-risk field and that works with both low risk and hard-to-approve merchants ensures business owners have access to quick and easy working capital.

The payment ecosystem continues to experience major developments that will not be slowing down any time soon. As fintech funding continues to ramp up, make sure your business has all the resources it needs to succeed.

Author Bio: As the FAM account executive, Michael Hollis has funded millions by using business funding merchant cash advance iso solutions. His experience and extensive knowledge of the industry has made him financeexpert at First American Merchant.

Affordable Commercial Vehicle Rental for the Construction Industry

If you run a construction company, the chances are you will require plant hire on a regular basis, and there are commercial vehicle rental firms that have a wide range of top quality vehicles that can be rented long or short term. Many small builders rely heavily on the expert commercial vehicle workshop in Matlock that is geared up to ensure that all heavy equipment is well-maintained and ready for work at any given time.

With or Without Operator

You might have a skilled heavy plant operator on your books, in which case, you only need to hire the machine, or you might require the equipment and the operator, which the rental company can supply.

Range of Machinery

The list of machines for hire would likely include the following:

  • JCB Diggers
  • Bulldozers
  • Excavators
  • Pile Driving Equipment
  • Flat Bed Trucks

As the plant hire company is established, they would have their own state of the art workshop, which ensures that all machinery is well-maintained, and if you have heavy goods vehicles that require maintenance or repair, they would be happy to carry out the work.

Long and Short Term Plant Hire

You might need a bulldozer for a couple of hours, or a fleet or earthmoving trucks for a couple of weeks, and your local plant hire firm is flexible regarding terms of hire. This is a very competitive industry, so you can expect affordable rates, and if the plant hire company has adequate resources, any breakdowns will not affect your project’s timeline.