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Resources to Help SBA Lenders & Borrowers Navigate the PPP

By Njeri Mathu on Apr 6, 2020 11:45:00 AM

Signed into law on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes a number of measures targeting small business relief, including the landmark $349 billion Paycheck Protection Program (PPP or Program). An addition to the SBA’s existing 7(a) loan program, the PPP is designed to help small businesses cover 8 weeks of payroll and certain other operational costs. Qualifying PPP loans are eligible for forgiveness and an SBA guarantee.

Topics: KYC/AML Compliance & Legal Fraud SBA
2 min read

Alloy Raises $12 Million in Series A Funding Led by Bessemer Venture Partners to Scale the First Identity Operating System in Financial Services

By Laura Spiekerman on Sep 17, 2019 11:45:00 AM

Alloy, the identity operating system for the financial services industry, today announced it has raised $12 million in Series A funding. Bessemer Venture Partners led the round and was joined by previous investors including Eniac Ventures and Primary Venture Partners.

Topics: Fintech KYC/AML Compliance & Legal Digital Identity Digital Finance BaaS

New & improved Alloy website

By Laura Spiekerman on Jul 12, 2019 11:45:00 AM

We’re thrilled to unveil our newly redesigned website. The financial services industry is already so complicated, murky, and difficult to navigate, that we wanted to ensure Alloy’s home online was just the opposite: friendly, simple, and transparent.

Topics: Fintech Banking KYC/AML Compliance & Legal Digital Banking