In a landmark decision, Yellowstone Capital, a merchant cash advance provider, agreed to a $1 billion settlement over allegations of predatory lending practices, affecting upwards of 18,000 small ...

Earned wage access startup Tapcheck Inc. said today it’s looking to expand on-demand pay access to millions of new workers after raising $225 million in funding. The money comes from a $25 million ...

According to the report, the "merchant cash advance market" was valued at $17,886.16 million in 2023, and is estimated to reach $32,658.23 million by 2032, growing at a CAGR of 7.2% from 2024 to 2032.

University of Michigan regents are opposing the Big Ten’s proposed $2 billion capital deal, likening it to a “payday loan” that would jeopardize the future of the conference. In a speech that lasted ...

“Businesses are the backbone of our communities, and Lightspeed’s goal is to make owning a successful business easier than ever,” said Asha Bakshani, Chief Financial Officer at Lightspeed. “We are ...

Little-known Canadian investment firm Senvest Management LLC landed a multimillion-dollar payday from betting on video game retailer GameStop Corp (GME.N), which has been at the centre of a frenzy ...