SecurCapital Announces Acquisition of Fintech & Small Business Lender Breakout Capital Finance

SecurCapital Corp, an expanding supply chain and financial services provider, announced last week it has acquired Breakout Capital Finance, a fintech company and nationwide small business lender.  Founded in 2015, Breakout Capital claims it is a small business lender that provides simple, straightforward working capital solutions to small businesses. “Breakout Capital is one […]

Fintech Lenders Dial Back Marketing in Response to Softer Investor Demand

ENLARGE A Prosper Marketplace, loan offers sent by mail fell by 19%, from 41.4 million to 33.6 million between December and February. PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL By PETER RUDEGEAIR and TELIS DEMOS Updated April 10, 2016 9:47 p.m. ET 3 COMMENTS Online lenders are scaling back efforts […]