SC Ventures, the fintech investment and incubation division of Standard Chartered, has reportedly launched Labamu, which is described as an invoicing and billing platform for SMEs that are based in the APAC region. Starting in Indonesia, Labamu will reportedly provide SMEs with digital billing, catalogue,… Read More
Right before of its planned initial public offering (IPO), Fintech company OfBusiness has unveiled the launch of Nexizo.AI. According to the announcement, this platform allows for the discovery of new opportunities, such as potential buyers, obtaining key market insights for more competitive intelligence as well… Read More
Allica Bank has reportedly surpassed Ā£3 billion in lending and Ā£4 billion in deposits as the UKās established SMEs flock to the challenger that promises to deliver ābusiness banking how it used to be, just betterā. Allica, which is the UKās full-service bank focused on… Read More
As he looks ahead to 2025, DECTA CEO Scott Dawson sees SMEs, Donald Trump, an AI backlash, Open Banking, and PSD3 making headlines. The ārealā year of the SME Dawson said markets were assured that 2024 was going be the Year of the SME, but… Read More
Enfuce, the provider of payment solutions in the Nordics, has partnered with Alisa Bank, Finlandās digital bank, in order to introduce a business credit card tailored for SMEs in Finland. This collab is set to disrupt the SME banking landscape by offering a solution that… Read More
High street bank lending to SMEs remains stable in Q2 2024, according to an update from UK Finance. UK Finance recently released its latest Business Finance Review which “reports on the finance needs of small and medium-sized enterprises (SMEs) in the second quarter of 2024.”… Read More
In a move towards climate accountability, The HBAR Foundation has issued a grant to WinCL to elevate carbon transparency and greenhouse gas (GHG) accounting standards for SMEs and large enterprises across South Korea. Built on Hederaās Guardian platform, WinCLās solution promises streamlined emissions tracking, reporting,… Read More
The Asian Development Bank and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific. The initiative will initially… Read More
iwoca, one of Europeās SME lenders, announces access to a Ā£500,000 fund to help small businesses and employees build skills in artificial intelligence (AI) and data analytics. Teaming up with learning provider Multiverse, iwoca can now transfer half of its unused apprenticeship levy (~Ā£250,000) to… Read More
Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More
Ripple is pleased to announce Unlocking Opportunity, which is described as the next phase of their partnership with Mercy Corps Ventures (MCV) supporting emerging market SMEs building solutions for financial “resilience” via blockchain and Fintech innovation. The partnership will include financial and technical support from… Read More
Funding Societies | Modalku, theunified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia today announced signing the third credit facility* with HSBC under its ASEAN Growth Fund. The transaction, an accumulative commitment of over $100 million, includes the annual credit… Read More
Ant International, a digital payment and financial technology provider headquartered in Singapore, has been enhancing its integration of AI technologies to support and secure millions of daily cross-border transactions for merchants across 200+ markets. Yang Peng, Chief Executive Officer of Ant International said that integration… Read More
GoCardless, a bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software firm, which is a GoCardless customer, will now become one of its 350+ partners by “integrating GoCardlessā payment capabilities into its platform.’ This means Big Red Cloud customers… Read More
The Hong Kong Monetary Authority (HKMA), in collaboration with the banking sector, announced several measures to support small and medium-sized enterprises (SMEs) in their development, upgrade, and transformation. Aimed at enhancing competitiveness and productivity, these initiatives come as SMEs navigate changing market conditions. Since launching… Read More
Activity at small and medium-sized businesses fell “marginally” in September, while new work and employment numbers continued to grow, the NatWest SME Growth Tracker has revealed. The NatWest UK SME Business Activity Index ā which aims to effectively measure MoM changes in the output of… Read More
HKMA has recently introduced several different strategic measures to support SMEsā development, upgrade and transformation. The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced measures in order to further support, via financing as well as banking products and services, the “continuous development”… Read More
Almost half (49%) of small businesses in the UK stated that they have not benefited in some way from falling inflation this year, according to a new poll commissioned by iwoca ā one of Europeās SME lenders. The research study, which comes ahead of the… Read More
Twill founder and CEO Michael Wright is using his payments background and technological breakthroughs to bring the benefits of AI [artificial intelligence] and data analytics, previously only available to large companies and small- and medium-sized businesses. By consolidating data and providing enhanced analytics, Twill will… Read More
KaiOS,āÆthe operating system that brings the best of the internet to affordable devices, announced a partnership with Mastercard (NYSE: MA) to integrate a range of digital payments solutions. Mastercard and KaiOS explained in a blog post that they will aim to deliver affordable payment acceptance… Read More
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