Tagged: small business

Brex Unveils Integrated Marketing Campaign For Local Business Outreach

  Financial management platform for businesses Brex recently announced it is launching an integrated marketing campaign to reach businesses across the country. The campaign will feature local businesses via digital, video, social, and out-of-home (OOH) placements in Houston, DC, and Miami. According to Brex, the “All-in-One”… Read More

Manchester Fintech Hydr Launches New Invoice Finance Platform to Assist SMEs with Cash Flow Management

Manchester-headquartered Fintech firm Hydr (pronounced Hi-der) revealed on Monday (May 24, 2021) that it has launched its proprietary invoice finance platform in order to assist small businesses with streamlining their cash flow management. Co-founded by experienced Fintech industry professionals with extensive knowledge of the challenges… Read More

Lithuanian Financing Platform Debitum Reports that Recent Deposits were Not Converting Well into Investments

Lithuania-based Debitum, which offers borderless small business financing, reveals that March 2021 was a “challenging” month for the platform but the team still reportedly managed to achieve several key milestones. Debitum writes in a blog post update that at the end of March 2021, the… Read More

Lithuania’s Debitum, which Offers Borderless SME Financing, Reveals its Portfolio has Crossed €4M Mark

Lithuania-based Debitum, which offers borderless small business financing, recently revealed that it’s pleased to confirm that its users “trust” the platform. Debitum also announced on March 29, 2021, that they’ve crossed the 4 million euros mark in their portfolio. The platform’s management acknowledged that “without… Read More

AI enhanced Fundbox, a Credit Platform for B2B Commerce, Reveals how to Apply for Online Financing without Collateral

The team at Fundbox, an AI-driven credit platform for B2B commerce, recently published a blog post that looks into the possibility of getting a business loan without providing collateral. Fundbox’s blog post notes that when we are planning to expand our business, many of us… Read More

U.S. Insurtech Coterie Joins Forces With IBQ For Small Business Insurance

  Coterie, a U.S.-based commercial insurtech, announced on Thursday it has teamed up with IBQ, an insurtech that specializes in personal and commercial lines comparative rating, for small business insurance. Coterie reported that the partnership combines its tech-based approach to insurance offerings with IBQ’s technology… Read More

Plaid Teams Up With API-Based Business Data Platform Codat to Improve Small Business Lending in the UK

  Plaid announced on Thursday it has joined forces with Codat, a UK-based technology company that connects the internal systems of small businesses to banks, fintechs, and other financial institutions, to improve small business lending in the UK. Plaid revealed that through the partnership, it… Read More

Lithuania based Debitum, which Provides Borderless Small Business Financing, Reports that it Now Offers Profitable Investment Tools

Lithuania-based Debitum, which offers borderless small business financing, notes that December 2020 was the month that “concluded a great year” for the platform. During 2020, Debitum managed to reach several key milestones: more than 3 million EUR outstanding portfolio, more than 20 million EUR of… Read More

Fintech Lender iwoca Announces that its iwocaPay Is Xero’s First Invoice Checkout Integration with Pay Later Option for SMBs

iwoca, an established European small business lender, has announced its UK-first integration with leading SME platform Xero. Integrating iwocaPay – iwoca’s invoice checkout – into Xero’s platform, will “for the first time provide small businesses with a Pay Later option for their business customers,” according… Read More

Global Business Payments Company Fleetcor Announces Acquisition of Accounts Payable Cloud Software Platform Roger

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

Biz2Credit’s Latest Small Business Lending Index Reports Loan Approval Rates at Banks Declined in December 2020, Are Down More Than 50% from One Year Ago

  Biz2Credit announced on Tuesday its latest Small Business Lending Index reported small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.2% in November to 13.1% in December, an indication that the challenges for small business owners in need of… Read More

Lithuania’s Debitum, which Offers Borderless Small Business Financing, Announces Updates for 2021

The Lithuania-based Debitum platform, which offers borderless small business financing, was closed on December 31, 2020, for maintenance. Debitum’s management noted that as we enter the new year, Debitum also has “something new.” Debitum added that they had already informed their investors and business partners… Read More

Expense & Travel Management For SMEs Sweep Now Seeking Funds Through Seedrs Campaign

Sweep, a UK-based expense and travel management for SMEs, is now seeking £125,000 through its newly launched equity crowdfunding campaign on Seedrs. The launch of the funding round comes just after Sweep received a £456,000 Innovate UK funding grant. Founded in 2017, Sweep states it… Read More

Brazilian SME Online Lender BizCapital Announces Additional $3 Million Investment Through Series B Funding Round

BizCapital, a Brazil-based SME online lending platform, announced on Friday it secured an additional $3 million through its Series B, bringing the investment round’s total amount to $15 million. The new funds come from Netherlands-based social impact investor Oikocredit. As previously reported, BizCapital provides online… Read More

Next Insurance Announces Integration With Intuit Quickbooks

Next Insurance, an insurtech seeking to transform small business insurance, announced on Thursday it has integrated with Intuit Inc. (Nasdaq: INTU). Next reported that the integration will enable QuickBooks users to seamlessly obtain a customized quote and easily purchase General Liability, Professional Liability and Workers’ Compensation coverage through the insurtech platform. “Not only… Read More

Paysafe’s Latest Research Reveals: 80% of North American In-Store SMEs That Have Diversified Online Or Enhanced Their Card-Present Payment Offerings During COVID-19 Pandemic Sees Positive Impact

Global payments provider Paysafe announced on Wednesday its latest research reveals four-fifths (80%) of North American in-store small and medium-sized businesses (SMBs) that have diversified online or enhanced their card-present payment offerings during the COVID-19 pandemic have seen a positive impact. Paysafe stated the research… Read More

Biz2Credit’s Annual Study Reveals: Cost Exceeds Revenue For Many Latino-Owned Businesses Since the COVID-19 Pandemic Began

Small business funding platform Biz2Credit announced on Monday that its annual Biz2Credit Latino-Owned Business Study for 2020 revealed that prior to the COVID-19 pandemic revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have… Read More

Biz2Credit’s Latest Small Business Lending Index Reveals: Small Business Loan Approval Rates At Banks Fell Again in September 2020

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index has been released and revealed small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles… Read More

UK P2P Lender JustUs Begins Taking Applications for Small Business Interruption Loan Service or SBILS

JustUs, a UK-based peer to peer (P2P) lender, has reportedly started taking applications for the Small Business Interruption Loan Service (SBILS) in order to offer funding for companies that might not have been able to acquire financial assistance via the Coronavirus Business Interruption Loan Scheme… Read More

P2P Lender MarketFinance Reveals that Many Small Businesses in the UK Could Run Out of Cash Soon

MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has cautioned that many UK-based SMEs could soon run out of cash. This, as the government-backed funding schemes are scheduled to end soon. The Coronavirus Business Interruption Loan Scheme (CBILS) will end on September… Read More

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