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- Wonderful Raises $150 Million to Help Enterprises Deploy AI AgentsEnterprise artificial intelligence agent platform Wonderful raised $150 million in a Series B funding round to accelerate its global expansion. The round valued the company at $2 billion, it said in a Thursday (March 12) blog post. Wonderful offers enterprises both an agentic platform and locally embedded teams who can help them deploy agents […] […]
- Proprietary Data Shields Software Leaders From AI Disruption, S&P SaysS&P Global Ratings said artificial intelligence (AI) is likely to impact software companies on a case-by-case basis rather than causing a sector-wide decline in credit ratings, Bloomberg reported Thursday (March 12). The software companies most at risk of credit rating downgrades are those with near-term maturities coming due in 2027 or 2028, and those whose […] […]
- Anthropic, Google and OpenAI Bet Big on IndiaSilicon Valley’s leading artificial intelligence companies are rapidly expanding their presence in India as they compete for access to what may be the world’s most important growth market for AI outside China. The shift reflects a broader realization within the industry that the next phase of the AI race will be determined not only […] […]
- Earnings Show AI Lending Platforms Scaling OriginationsEarnings season. drawing to close, has offered up a detailed look at how artificial intelligence (AI) is reshaping credit underwriting. In recent weeks, FinTech lenders reported that automated underwriting systems, with AI in the mix, are enabling them to process large numbers of applications and expand loan originations across consumer and small-business credit markets. […] […]
- Meta AI Writes Listings and Sets Prices for Facebook Marketplace SellersFacebook Marketplace has added four new Meta AI-powered features for sellers. These features “make selling more efficient so sellers can list more items with less effort, and shoppers can find more of what they’re looking for with every search,â€� Facebook said in a Thursday (March 12) announcement. One new feature makes it easier for […] […]
- TomoCredit Sues Fintech JournalistTomoCredit, a company that identifies itself as “a software company providing a suite of software solutions designed to support financial literacy,” has filed a lawsuit against a fintech journalist named Jason Mikula for defamation and libel. Mikula operates Business Fintech Weekly, a widely read newsletter in the fintech space. TomoCredit alleges it has suffered damages […]
- California Bill Asserts Businesses Generating Up to $18 Million/Year in Sales Need Consumer ProtectionsCalifornia’s AB2116 is proposing to amend the state’s Consumer Financial Protection Law and declare that small businesses generating less than $18 million a year in revenue be considered a consumer for the purpose of consumer financial protections. “Small businessâ€� means a business entity organized for profit with annual gross receipts of no more than sixteen […]
- Lending Tree: “The merchant cash advance market is a strong market that is growing”“The merchant cash advance market is a strong market that is growing,” said Lending Tree CFO Jason Bengel during the company’s Q4 earnings call. Small business financing has become an increasing priority for the financial services referral platform. “…we have continually invested in additions to our small business concierge sales force, allowing us as well […]
- Lending Tree: LLM Referrals Are Very “High-Intent Consumers”During Lending Tree’s Q4 earnings call, CEO Scott Peyree echoed the same conclusion on LLMs that was uttered by rival NerdWallet, that LLM referrals convert better than normal search referrals. “There are a number of fronts we are working on there,” said Peyree. “There is obviously the SEO front where you are getting referenced by […]
- Trigger Leads Law to Go Into Effect March 4, 2026On March 4, the national “trigger leads” law will go into effect. Scott Peyree, the CEO of Lending Tree, recently shared this explanation of trigger leads on the company’s Q4 earnings call. “For those that do not know the trigger leads, the very basic version of that is when, for example, we develop a lead […]