FRC Balance, LLC, which owns the True Food Kitchen restaurant chain, filed for bankruptcy this week. According to the company, True Food Kitchen has closed 12 restaurants, whose final day of service ...

One striking detail emerged from Valley Bank’s acquisition of Bluevine: AI agents resolve 80% of inquiries to Bluevine’s ...

Chief Risk Officer, Erich Wust; Chief Financial Officer, Santiago Rubio; Chief Executive Officer, Justin Leto; President, ...

One of the key details revealed in the Stripe acquisition of Parafin is that Parafin originated $3 billion in funding since the company first started originating in 2021. Parafin supplied the ...

Valley National Bancorp is acquiring Bluevine for $340M in a 75% cash, 25% stock transaction. During a company conference ...

Well…uh… it happened. An AI agent bought a ticket all by itself to the B2B Finance Expo in Las Vegas next month in October. The agent was Meta’s Muse. And the ...

5G Funding represented that it had a profitable MCA business. But according to a lawsuit filed against the company and its CEO by the SEC, that was far from accurate. “The Portfolio was never ...

Eight individuals have been arrested by the FBI and charged in connection with a scheme to defraud small business owners out of millions of dollars by charging them money in return for a promise of a ...

The submitted deals are real. The merchants are real. Everything checks out until suddenly it doesn’t. The merchants block the payments and find out they’ve been scammed.The funders find out they’ve ...

The CFPB has come back with a new proposal on how to roll out its section 1071 rules. Inside the 198 pages, the agency opines at length on merchant cash advances and reverses its previous opinions. It ...

Merchant Cash Advances are now excluded from the CFPB’s small business loan data collection requirements. In the final rules filed by the agency on April 30th, the previous proposal to exclude MCAs ...

“Within two weeks, I closed my first deal. I just clicked in the industry,” said Erica Gilerman. Gilerman wasn’t talking about funding a deal. She was talking about collecting on one. “Closing the ...