StreetShares

New AI Startup Knownwell Names Mohan Rao Chief Product Officer

Retrieved on: 
Monday, September 25, 2023
Software as a service, Data, Management consulting, StreetShares, Creativity, Organization, Excellence, Growth, Culture, AI, Software engineering, CPO, Management

WASHINGTON, Sept. 25, 2023 /PRNewswire-PRWeb/ -- Newly formed AI technology and advisory company Knownwell has named Mohan Rao its Chief Product Officer. Rao has more than 25 years of entrepreneurial and executive experience building technology and product development organizations that drive rapid growth and shareholder return, and with deep experience in managing key customer relationships. He will guide Knownwell's strategic product direction and will be instrumental in driving innovation, defining product offerings, and ensuring Knownwell's products align with the company's mission and vision.

Key Points: 
  • Veteran Product and Technology Leader Named CPO to Foster Culture of Creativity, Collaboration, and Excellence
    WASHINGTON, Sept. 25, 2023 /PRNewswire-PRWeb/ -- Newly formed AI technology and advisory company Knownwell has named Mohan Rao its Chief Product Officer.
  • For nearly two decades, I've seen Mohan assemble high-performing teams that excel at applying disruptive technologies like AI to drive industry-leading growth.
  • I couldn't imagine a better fit for Knownwell as we launch, and I'm incredibly excited that Mohan has joined our team.
  • Prior to joining Knownwell, Rao served as Chief Product Officer, Chief Technology Officer, and/or President/COO for a diverse set of SaaS technology companies, including Wagestream, StreetShares, Hobsons, Mobile Insight, Wireless Matrix, and Career Rewards.

GovForce Raises $2.5 Million Seed Round to Power Government Contractor Collaboration

Retrieved on: 
Tuesday, February 21, 2023
Professional Services, Defense, Technology, Other Technology, Finance, Government Technology, Fintech, Quality of life, Family, Marines, NYSE, DiBella Winery, Growth, Government, Face, Small business, StreetShares, Federation, Friends, SoFi, Construction

GovForce, the first technology company designed specifically to power performance and compliance for government contractors, announced today that it has closed a Seed round of $2.5 million in equity funding.

Key Points: 
  • GovForce, the first technology company designed specifically to power performance and compliance for government contractors, announced today that it has closed a Seed round of $2.5 million in equity funding.
  • While government contractors (GovCons) are responsible for delivering nearly $700 billion per year in goods and services to the federal government, they face heightened security concerns along with increasing reporting and compliance requirements.
  • These challenges often hamper their ability to effectively and efficiently support the agencies they serve.
  • That call to action from family, friends, fellow veterans, and neighbors in government contracting inspired the three GovForce co-founders.

MeridianLink Expands Business Lending Capabilities

Retrieved on: 
Wednesday, January 25, 2023
Professional Services, Data Management, Technology, Software, Finance, Fintech, Banking, Organization, Running, NYSE, Environment, StreetShares, Bank, Online shopping

The enhanced business lending offering brings together the innovation of both the StreetShares and MeridianLink teams to optimize financial institutions’ business lending capabilities.

Key Points: 
  • The enhanced business lending offering brings together the innovation of both the StreetShares and MeridianLink teams to optimize financial institutions’ business lending capabilities.
  • “From the start, we were impressed with StreetShares’ state-of-the-art business lending offerings, including business loans and business lines of credit, and we are proud to offer these solutions under the MeridianLink name,” said Devesh Khare, chief product officer at MeridianLink.
  • “We are excited to share MeridianLink Business—the business lending component of our multi-product platform, MeridianLink One—with our customers and their communities.”
    MeridianLink Business enables banks and credit unions to optimize the end-to-end business lending process, digitally engage borrowers, and leverage advanced technology for smart decisioning.
  • An end-to-end applicant-to-core system, MeridianLink Business is rapidly enabled, allowing organizations to get up and running in a fully digital business lending environment in 90 days or less.

The Global Micro Lending Market size is expected to reach $65.4 billion by 2028, rising at a market growth of 12.8% CAGR during the forecast period

Retrieved on: 
Monday, November 28, 2022
COVID-19, Growth, LOS, Bank, American Farm Bureau Federation, LendingClub, Government, NerdWallet, Funding Circle, Organization, American Express, PPP, Augmented fifth, SME, Risk, MSME-Champions, Partnership, Service provider, Asian Development Bank, Affinity Plus Federal Credit Union, Small business, Paycheck Protection Program, StreetShares, Agriculture, Software as a service, Sale, Credit union, Opportunity Fund, Forest Law Enforcement and Governance Program, Woman, Poverty, Forgiveness, Fahd of Saudi Arabia, SBA, Credit, Security (finance), Healthcare, Financial services, The Fountainhead, Lendio

View original content:https://www.prnewswire.com/news-releases/the-global-micro-lending-market...

Key Points: 
  • NEW YORK, Nov. 28, 2022 /PRNewswire/ -- The Global Micro Lending Market size is expected to reach $65.4 billion by 2028, rising at a market growth of 12.8% CAGR during the forecast period.
  • The process of giving small loans, or microloans, to proprietors of small businesses is known as micro lending.
  • There are a variety of reasons why a borrower could need money, all of which are disclosed to prospective lenders.
  • On the basis of end user, the micro lending market is divided into solo entrepreneurs & individuals and micro, small & medium enterprises.

Fiserv Accelerates Open Finance and Enables Collaboration Among Financial Institutions and Fintechs with AppMarket Launch

Retrieved on: 
Tuesday, April 26, 2022
Professional Services, Technology, Finance, Software, Banking, Internet, Small business, NASDAQ, API, Sale, Financial technology, Fintech Valley Vizag, Adoption, Technology, Social media, Science and technology in Asia, SMB, Solution, FISV, S&P, Atlas, Business Intelligence Development Studio, StreetShares, Partnership, Risk, KYC, Bank, Cryptocurrency, Fiserv

The fintech solutions available in AppMarket will empower Fiserv financial institution clients to use open finance strategies to address emerging opportunities in crypto finance, gig economy banking, small and mid-size business (SMB) lending and other priorities.

Key Points: 
  • The fintech solutions available in AppMarket will empower Fiserv financial institution clients to use open finance strategies to address emerging opportunities in crypto finance, gig economy banking, small and mid-size business (SMB) lending and other priorities.
  • AppMarket will help financial institutions of all sizes to accelerate speed to market, deliver tailored services to target markets and appeal to younger generations.
  • The launch of AppMarket is the next big step in fostering innovative collaboration between financial institutions and fintechs, to their mutual benefit, and to the benefit of consumers everywhere.
  • Fintechs that offer their solutions in AppMarket will gain access to thousands of financial institutions that partner with Fiserv and the millions of consumers they serve.

MeridianLink® Completes Acquisition of StreetShares®

Retrieved on: 
Friday, April 1, 2022
Finance, Banking, Professional Services, Technology, Software, StreetShares, NYSE, Software as a service, Conference, Credit union, Technology, Small business, Innovation, Acquisition, Bank, MERIDIANLINK, STREETSHARES

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the successful completion of its acquisition of StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions.

Key Points: 
  • MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the successful completion of its acquisition of StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions.
  • MeridianLink (NYSE: MLNK) is a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers and consumer reporting agencies.
  • Headquartered in Costa Mesa, California, MeridianLink provides services to more than 1,900 customers, including a majority of the financial institutions on Forbes 2021 lists of Americas Best Credit Unions and Banks.
  • StreetShares is a small business banking software-as-a-service (SaaS) technology company that powers community banks, credit unions, and non-financial organizations.

MeridianLink® Announces Agreement to Acquire StreetShares®

Retrieved on: 
Thursday, March 10, 2022
Professional Services, Data Management, Small Business, Technology, Software, Finance, Banking, Industry, Securities Act of 1933, Small business, Prospectus, Software as a service, Annual report, Conference, Risk assessment, Securities Exchange Act of 1934, Fiserv, Risk, NYSE, Innovation, Technology, Running, StreetShares, Environment, SEC, Organization, Goal, CEO, Credit union, Cryptocurrency, Bank, MeridianLink, StreetShares, MERIDIANLINK, STREETSHARES

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has entered into an agreement to acquire StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions.

Key Points: 
  • MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has entered into an agreement to acquire StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions.
  • StreetShares is an award-winning financial technology company that started in 2014 as a low-cost, digital lender to veteran-owned small businesses.
  • Adding the StreetShares team, technology, and strong partnerships with organizations like Fiserv to the MeridianLink family will accelerate our small business lending capabilities and further strengthen our MeridianLink One platform.
  • StreetShares is thrilled to join forces with the innovators at MeridianLink to better serve Americas main street business owners, said Mark L. Rockefeller, StreetShares co-founder and CEO.

Military Community Entrepreneurs Win Over $100,000 in Grants and Prizes at the StreetShares Foundation Military Entrepreneurship Challenge

Retrieved on: 
Friday, December 3, 2021
Partnership, Mentorship, Private law, Iraq War, StreetShares, Entrepreneurship, Veteran, United States Armed Forces, Samuel Adams, American Dream, Beer, Body water, Management, Medicine

Three veteran entrepreneurs pitched live through the StreetShares Foundation's Military Entrepreneur Challenge grant program.

Key Points: 
  • Three veteran entrepreneurs pitched live through the StreetShares Foundation's Military Entrepreneur Challenge grant program.
  • That's why since 2016 we've provided 100% free business coaching and grants to military veteran and military-spouse entrepreneurs" said StreetShares Foundation Founder and Chairman, Mark L. Rockefeller, an Iraq War Veteran and serial entrepreneur.
  • Over 160 military veteran and military spouse entrepreneurs from all over the country applied for the Military Entrepreneur Challenge, a process which began in August.
  • The finalists then competed for public votes on the StreetShares Foundation website with over 10,000 Americans voting for their favorite entrepreneur.

IVMF Awarded New $5 Million Federal Grant to Assist Small Businesses

Retrieved on: 
Thursday, October 28, 2021
Woman, Spirit, Commerce, Research, Ecosystem, American Rescue Plan Act of 2021, International Rescue Committee, Economic development, Florida State University, Syracuse University, Partnership, StreetShares, Small business, Resilience, Education, Tier 1, Leadership, Chamber of commerce, National Urban League, Texas A&M University, Haynie, Collection, American, Navigator, Program, SBA, School, Entrepreneurship, Community, EBV, Student, Airline, Management

As a Tier 1 partner, the IVMF has been awarded a $5 million grant to participate in this novel program.

Key Points: 
  • As a Tier 1 partner, the IVMF has been awarded a $5 million grant to participate in this novel program.
  • Of the eight Community Navigator hubs funded, IVMF is the only hub responsible for coordinating community-based, economic recovery for veteran-owned small businesses.
  • The $5 million grant over a two-year period will allow the IVMF to support veteran and military spouse businesses with entrepreneurship training, small business technical assistance, loan preparation, capital readiness, corporate and federal contracting, and networking.
  • In applying for the grant, the IVMF noted strong partnerships with businesses that can help veterans achieve success.

Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv

Retrieved on: 
Thursday, October 14, 2021
Technology, Mobile, Wireless, Finance, Banking, Professional Services, Small Business, Software, Internet, Data Management, Technology, Solution, Social media, Forgiveness, SMB, Atlas, Corporation, FISV, Super Mario, American Banker, Conference, StreetShares, Magazine, Innovation, S&P, Software as a service, CEO, Fintech Valley Vizag, Paycheck Protection Program, Sale, SVP, NASDAQ, PPP, Small business, Main Street, Partnership, Community, Online shopping, Bank, Fiserv, Street Shares, FISERV, STREET SHARES

Community financial institutions played a leading role in helping small businesses (SMBs) through the pandemic.

Key Points: 
  • Community financial institutions played a leading role in helping small businesses (SMBs) through the pandemic.
  • Fiserv and StreetShares equipped many financial institutions to deliver a seamless Paycheck Protection Program (PPP) experience from application through forgiveness, and many of these institutions acquired new SMB customers as a result.
  • The pandemic also catalyzed the expansion of many third-party providers that are now competing with community financial institutions for SMB relationships.
  • The Atlas Platform by StreetShares powers financial institutions to offer the full suite of digital, white-labeled, small business banking products to their customers.