The Boston fintech firm Numerated spun out of Eastern Bank two years ago, boasting it could approve business loans of up to $100,000 in five minutes. The genius behind Numerated is Founder and CEO Dan O’Malley, who first created the company inside Eastern Bank.
Two fintechs that are teaming up to provide digital lending solutions to small to medium-sized businesses have landed partnerships with two banks with a significant presence in Massachusetts.
With the emergence and practical adoption of new payment workstreams, it is time again for the topic of payments hubs to take center stage.
Prepaid products are now a common payment option for consumers and businesses looking for alternative ways to spend, save and disburse funds.
