Small Business News Archives - Page 15 of 28

Category: Small Business News

Uber Eats and Postmates logos

Uber Announces Completion of Postmates Purchase

It's official: Postmates is now owned by Uber. This comes after the ride-sharing company announced a $2.65 billion all-stock acquisition of Postmates back in July. The result of the deal closing is one of the largest delivery services in the United States, second only to DoorDash. According to Engadget, Uber intends to keep Uber Eats and Postmates as separate brands while still integrating them on the backend, meaning a combined...
collage of black women entrepreneurs

American Express Commits $2.5 Million to "100 for 100" Program for Black Women Entrepreneurs

Continuing their commitment to supporting small businesses, this week American Express announced the 100 Black women entrepreneurs that have been selected to participate in the "100 for 100" program. Not only will the chosen women receive $25,000 in grants will also be able to utilize 100 days of business resources. These resources include business education, mentorship, and more. The 100 for 100 program was launched in partnership with IFundWomen of Color,...
Open Shop

Three-Quarters of Americans Plan to Shop Local This Holiday Season

Good news for small businesses: consumers are ready to shop small this season. A new survey conducted by Harris Poll on behalf of Mastercard found that 77% of Americans intend on shopping at local retailers for their holiday gifts. What’s more, 75% report that they’re being more conscious about where their shopping this season, prioritizing minority-owned and women-owned businesses. Additionally, more than half of those surveyed suggest they’d rather receive...
Regions Bank Small Business COVID-19 Survey

Survey Finds Small Businesses Increased Investment During Pandemic

Despite the financial challenges that the past several months have brought for small businesses, it seems that many owners actually increased their spending according to a report by Regions Bank. For their survey, Regions spoke with more than 500 entrepreneurs. In each case, they owned businesses with 100 or fewer employees. What they found was that a number of businesses — either by choice or by necessity — have recently...
BlueVine business checking account

BlueVine Business Banking Expands Roll Out Following Beta

Just as FinTech banking options have changed the personal finance landscape in recent years, FinTech startups have also had an impact on small business finance. This is perhaps most evident in the lending space where companies such as OnDeck and Kabbage have made it easier for entrepreneurs to obtain capital quickly. Now another online small business lender is expanding its reach by rolling out business checking features. After launching in...
Chase card reader and app

JPMorgan Chase Introduces New Card Readers for Small Businesses

It seems as though one big bank is looking to appeal to small business owners, introducing a new set of banking and payment solutions. This week, JPMorgan Chase announced the debut of its Business Complete Banking offering, which includes QuickAccept — a new mobile card reader tool that will allow businesses to accept credit cards and contactless payments. While the account will carry a $15 a month service fee by...
AMEX virtual classroom

American Express Announces Virtual "Summit for Success" Event for Small Businesses

American Express has announced that the 2020 edition of the Business Class LIVE: Summit for Success will take place on Tuesday, October 20th. While the Summit is typically held in person, this year's event will take place in a virtual campus from 9 a.m. to 5 p.m. EDT. This digital space will host seminars throughout the day, as well as give small business owners the opportunity to network. Not only...
woman wearing a mask walking past a restaurant

Survey Finds Majority of Business Owners Feel Prepared for Another COVID-19 Wave

With autumn approaching, fears that the current coronavirus pandemic will worsen continue to grow. However, armed with more experience and some enhanced technologies, small business owners are feeling better about handling things this time around. According to a survey from Comcast Business, 78% of small business owners say their businesses are prepared to handle an increase in COVID-19 cases. Leading this confidence were changes businesses made to the way they...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...