 |
Qkyu SMB InsurTech Finds Flexibility For Modern Business Models
London-based FinTech Creditspring has raised $60 million in new capital, bring its total funds raised since its 2016 launch to $88 million, the company announced Monday May 23 .The lender touts its mission as providing loans that help borrowers increase their credit scores and overall financial stability and stated in announcing the latest fundraise that the capital will allow it to expand its services. <a href=https://www.cups-stanley-cups.us>stanley usa</a> The company stated that for all of 2022 it plans to offer $126 million in loans through its fixed-cost subscription loan services, up from $31 million in all of 2021. The lending model provides borrowers with two cash advances per year at pre-determined rates. Creditspring said the approach reduces the extent of surprise costs that borrowers encounter.Creditspring also announced that its membership <a href=https://www.cups-stanley-cups.us>stanley website</a> has grown to 150,000 from 100,000 over the past five months, an increase of 50%.The firm attributed the increased demand for household loans to rising concern in Britain about inflation, especially in the costs of energy.In March, Creditspring announced the launch of a credit-building tool called Step that it said would make it easier for borrowers to avoid expensive loans.See also: UKs Creditspring Launches New Credit Building ToolIn addition to writing more loans, Creditspring stated in announcing the latest fundraise <a href=https://www.cup-stanley-cup.ca>stanley mug</a> , the company will double its headcount by the end of the calendar year, including hiring 30 people during the current quarter. As people increasingly turn to bor Lvch Brands Can Turn Social Video Views Into Conversions
Orbitz for Business received a shot in the arm to help expand its operations internationally this month through an agreement with IBM. Under the deal, the B2B corporate-travel brand of Orbitz Worldwide will provide the online-booking technology for IBMs business-travel program.The bu <a href=https://www.stanleycup.pl>stanley termos</a> siness unit <a href=https://www.stanleycup.fr>stanley france</a> will support IBM in 90 countries. The deal runs through 2020. The international expansion opportunity that we see for Orbitz for Business is one that we ;re very excited by, Barney Harford, Orbitz Worldwide Inc. CEO and director, told analysts d <a href=https://www.stanleycup.fr>stanley mug</a> uring a quarterly earnings call earlier this month. And we also think that the opportunity to turbocharge growth by deploying the online-booking engine, on a decoupled basis from the end-to-end experience, is also particularly attractive. The core business of Orbitz for Business, which launched in 2002, is providing end-to-end booking, where it manages both the online booking technology and the customer service and fulfillment. In the case of IBM, Orbitz will provide the online-booking capabilities, Harford said, noting IBM is working with another travel-management company TMC for customer service and fulfillment support. Our intention to expand the <Orbitz>for Business] business internationally, Harford said. The company also is pursuing opportunities to provide the Orbitz for Business technology to other TMCs on a booking-engine basis based on particular market opportunities, he said. The reason why partners are really interested in |