1st Merchant Funding

Belkins
1st Merchant Funding is a Miami based financial technology company focused on providing working capital to US based small businesses. We combine dedicated people and great technology to swiftly evaluate the actual performance of a business, with decisions not solely based on the business owner’s personal credit score. Since 2007 1st Merchant Funding has been trusted by thousands of businesses which have received over $200M in working capital to help grow their business. We believe our economy is stronger when businesses have simple access to capital, freeing up businesses to focus on what really matters.

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FISERV BUYS MERCHANTPRO EXPRESS

Fiserv | March 03, 2020

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Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed. A Fiserv distribution partner since 2009, MerchantPro Express provides processing services, POS equipment and merchant cash advances to firms across the US. Fiserv says the acquisition will boost its merchant services business and partner-based distribution, complementing its CoPilot, CardPointe and Clover payment technolo...

Read More

OPENFIN AND BMLL TEAMED UP TO BUILD A DERIVED DATA DESKTOP APPLICATION

OpenFin, BMLL | May 06, 2020

news image

BMLL Technologies announced a collaboration with OpenFin to build their Derived Data desktop application on OpenFin’s OS. By building on OpenFin, BMLL will make its data and analytics available to OpenFin’s ecosystem of users. ...

Read More

U.S. REGULATORS PROPOSE REMOVING LIMIT ON BANKS’ OWNERSHIP OF VENTURE CAPITAL FUNDS

The Wall Street Journal | January 30, 2020

news image

Banks in the U.S. would no longer face limits on ownership stakes in venture capital funds under a proposal put forth on Thursday by regulators including the Federal Reserve. The proposal to remove a 3% cap on such stakes is the latest step to ease a set of regulations known as the Volcker rule, which were enacted after the 2008 crisis in a bid to strengthen the financial system and reduce the chance of taxpayer-funded bailouts....

Read More

BLACKROCK'S ASSETS BLOW PAST $7T IN MILESTONE FOR INVESTMENT GIANT

BlackRock | January 15, 2020

news image

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

Read More
news image

FISERV BUYS MERCHANTPRO EXPRESS

Fiserv | March 03, 2020

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed. A Fiserv distribution partner since 2009, MerchantPro Express provides processing services, POS equipment and merchant cash advances to firms across the US. Fiserv says the acquisition will boost its merchant services business and partner-based distribution, complementing its CoPilot, CardPointe and Clover payment technolo...

Read More
news image

OPENFIN AND BMLL TEAMED UP TO BUILD A DERIVED DATA DESKTOP APPLICATION

OpenFin, BMLL | May 06, 2020

BMLL Technologies announced a collaboration with OpenFin to build their Derived Data desktop application on OpenFin’s OS. By building on OpenFin, BMLL will make its data and analytics available to OpenFin’s ecosystem of users. ...

Read More
news image

U.S. REGULATORS PROPOSE REMOVING LIMIT ON BANKS’ OWNERSHIP OF VENTURE CAPITAL FUNDS

The Wall Street Journal | January 30, 2020

Banks in the U.S. would no longer face limits on ownership stakes in venture capital funds under a proposal put forth on Thursday by regulators including the Federal Reserve. The proposal to remove a 3% cap on such stakes is the latest step to ease a set of regulations known as the Volcker rule, which were enacted after the 2008 crisis in a bid to strengthen the financial system and reduce the chance of taxpayer-funded bailouts....

Read More
news image

BLACKROCK'S ASSETS BLOW PAST $7T IN MILESTONE FOR INVESTMENT GIANT

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

Read More