Global online lender launches Lending-as-a-Service proposition

BERLIN, Germany – 22 January, 2018 – BAWAG Group and multinational online lender Spotcap today announce a market-leading strategic partnership which will give Austrian small and medium-sized enterprises (SMEs) access to same-day financing. The partnership with BAWAG Group is the first time Spotcap will offer its lending platform and proprietary analytics to a bank and … Continue reading Global online lender launches Lending-as-a-Service proposition

Terminology : MicroPayments

Micropayments originally came into being around the 1990s . As the name suggests , this refers to extremely small amounts being transferred online through web protocols. At that time online payments were expensive and the challenge was to make micropayment feasible for billing for online media publishing which meant restricting the cost to a bare … Continue reading Terminology : MicroPayments

Terminology : NanoGap Finance

The term Nano gap was coined by accounting firm Deloitte in around 2010 to describe the shortage of capital to fund the retirement of baby-boomer entrepreneurs seeking to sell their small, medium enterprises (SMEs).In the Deloitte report: "Micro-cap typically refers to those companies with an equity value of less than $250 million. Nano-cap is another … Continue reading Terminology : NanoGap Finance