Earnings & Markets

Banks reported weaker business loan demand from firms of every size last quarter. Here's why borrowers pulled back, and what the Fed's numbers mean for non-bank lenders and brokers.

Shopify Capital bought $1.5B in loans and MCAs in Q3 2026, $4.3B YTD. The numbers, the credit trend, and the growth rate that isn't real.

The Fed paused six days before Election Day, but a steady benchmark does not guarantee cheaper business financing. The evidence points to inflation and credit conditions…

Enova (ENVA), parent of OnDeck and Headway Capital, posted its first $1B revenue quarter, but SMB charge-offs and delinquencies rose year over year. Why shares fell 7%.

Ramp reaches a $60B valuation after raising $1.85B. Explore the interactive growth chart, Ramp's AI expansion, and potential business lending impact.

Block, Enova, Shopify and PayPal originated $5.6B in small-business financing in Q1 2026, up 69% in two years. Funder Intel's new working capital tracker charts every quarter.

Small business optimism dipped 1.1 points to 98.7 in August as sales fell to a 10-month low, but expectations for credit conditions reached their best level since 2024.

Equipment finance volume hit a record $14.3B in July as AI investment surged, small-ticket deals soared and credit losses moved lower.

Lightspeed's CFO says MCA is its biggest use of cash outside buybacks, $160M outstanding, low single-digit defaults, and capital customers churn less.

Square, Shopify, Enova & PayPal originated $18.2B in small business financing in 2025. See the interactive quarterly data tracker for funding small businesses.

Shopify, Block, PayPal & Fiserv are turning lending into a merchant retention tool. We break down the Q1 2026 numbers. Watch now.

Ramp is in talks for a $750M round at a $40B+ valuation, a 25% jump in six months. Inside the AI-first fintech reshaping corporate finance.

There was an increase in Bankruptcy Filings in 2025, and we expect to see a continued increase in both consumer and commercial filings in 2026.

OnDeck and Ocrolus' Q1 2026 trend report shows 93% of small businesses expect growth, 76% are bypassing banks, and cash flow has overtaken inflation as the top concern.

Canadian merchant cash advance provider Advantex Marketing International reported strong top-line momentum in its latest quarterly results...

The 30-Second Brief: San Francisco-based fintech giant Plaid has completed a secondary tender offer, valuing the company at $8 billion.

Block cut 40% of its workforce in a single day, and Jack Dorsey says every company is next. Here's what the numbers say about AI, jobs, and what's really coming.

An analyst’s view on Lightspeed’s Q3 2026 earnings. Discover how Lightspeed Capital’s 34% growth is reshaping the merchant lending and fintech landscape.

Announced at the end of 2025, $4.3B in New Markets Tax Credit allocations will shape community investment and development throughout 2026 and beyond.

Square Loans, Shopify Capital, and PayPal Working Capital each posted strong Q3 lending results—see how fintech giants are reshaping SMB Lending.