Tag: small business

Tech for good during COVID-19: Sky-high gifts, extra help, and chips

When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give recruiters a place to search for candidates. However, one…

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Digits launches a free expense monitoring dashboard for small businesses, closes on $22M Series B

Digits, a fintech startup hailing from the same team that built and sold Crashlytics to Twitter, is officially launching today after two years of development. It’s also announcing a $22 million Series B round of funding led by GV, as it makes its public debut. While the company had been…

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Small businesses are out of time, but COVID-19 aid comes with massive roadblocks

Lexi Reese Contributor Lexi Reese is the COO of Gusto, which provides payroll, benefits, compliance and HR to more than 100,000 small businesses across the U.S. She has spent her career advocating for small businesses at American Express, Google and Accion International. Just a few weeks ago, Seattle-based small business…

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PayPal, Intuit, & Square approved to offer loans to small businesses through coronavirus relief program

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which…

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The intersection of small business, tech and our financial system is more important than ever

Ann Marie Mehlum Contributor Ann Marie Mehlum serves on several boards, including Summit Bank, and is a senior advisor at FS Vector, Fenway Summer’s advisory affiliate. Previously, she was associate administrator of Capital Access at SBA. Javier Saade Contributor Javier Saade serves on several boards, is venture partner at Fenway…

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Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we…

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