Tagged: small businesses

July 10, 2020 @ 4:44 pm By Omar Faridi  |  

CRIF Realtime, a credit scoring tool provider for small businesses, has teamed up with UK-based Finpoint, a platform that lets borrowers compare different options anonymously and negotiate directly with finance providers. Both companies aim to work cooperatively in order to speed up the process of… Read More

July 10, 2020 @ 3:37 pm By Samantha Hurst  |  

Thimble, a U.S.-based insurtech startup that helps small businesses succeed on their own terms, announced on Thursday it has released a new API for partners who serve the small business and professional services communities. Thimble reported that With the Thimble API, partners can offer flexible insurance… Read More

July 10, 2020 @ 2:44 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Friday the winners of a $200,000 grant program aimed at helping its small business customers recover from economic hardship caused to the global COVID-19 pandemic. Lendio reported that Through the program, 23 small business owners have been selected to… Read More

July 9, 2020 @ 9:53 am By Samantha Hurst  |  

UK-based challenger bank Tide announced this week it has paused its bounce back loan lending and closed its waiting list. In April 2020, Chancellor Rishi Sunak announced the lending scheme, which added to the existing support of small businesses that are affected by the COVID-19… Read More

July 8, 2020 @ 3:35 pm By Samantha Hurst  |  

European Crowdfunding Network (ECN) recently announced that it and Blockpool.eu, funded under the ECs Horizon 2020, have selected 25 SMEs for funding and participation of the Business and Technical Support Program for blockchain and distributed technology (BDLT) implementation. The program is set to run for… Read More

July 8, 2020 @ 7:28 am By Omar Faridi  |  

Trulioo, a provider of global identity verification solutions, revealed on July 8, 2020 that it has developed  new document verification and facial recognition software. The new features will be added to EmbedID, a low-code developer tool that can work with the GlobalGateway API – which… Read More

July 7, 2020 @ 10:20 pm By Omar Faridi  |  

UK-based Alternative Business Funding (ABF), a free and easy-to-use website for finding funding sources for SMEs, has teamed up with LawBite, an online legal platform powering a fully SRA regulated UK law firm that provides various legal services to small businesses. Through the partnership, the… Read More

July 5, 2020 @ 7:17 pm By Omar Faridi  |  

Village Capital helps company founders and business owners through its accelerator program. There are 11 early-stage Fintech firms that will be taking part in Village Capital’s investment-readiness program, called Finance Forward Europe. The initiative is part of Finance Forward, which is a multi-year global coalition… Read More

July 4, 2020 @ 2:51 pm By Omar Faridi  |  

CRIF Realtime, a credit scoring tool for SMEs, has revealed that it has seen a surge in demand for its Open Banking enabled credit assessment software. This, as UK-based SMEs are increasingly looking to acquire capital to maintain operations during the global COVID-19 outbreak. CRIF’s… Read More

July 2, 2020 @ 3:30 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Wednesday it has approved more than 209,000 Paycheck Protection Program (PPP) applications fo $5.8 billion. Kabbage claimed it is the third-largest PPP lender in the country by application volume.  As previously reported, the PPP is part of the… Read More

July 2, 2020 @ 3:20 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Wednesday it has facilitated $8 billion in Paycheck Protection Program (PPP) loans for 100,000 small businesses to date. The lender reported that it has supported 300 SBA-approved financial institutions and fintech lenders across the country, as well as helped… Read More

June 30, 2020 @ 12:57 am By Omar Faridi  |  

Digital technology startups need venture capital or some other type of reliable funding to grow and expand their operations. Several foreign investors have been supporting Indonesian startups which are a critical part of the trillion-dollar economy. Investors have been investing in selected qualified Indonesian start-ups,… Read More

June 28, 2020 @ 1:54 pm By Omar Faridi  |  

UK’s Funding Xchange (FXE), a Fintech that helps people and organizations find suitable business loans and funding options from its marketplace of more than 45 established lenders, is teaming up with Enterprise Nation, a UK-based community of SMBs and advisers that aim to provide a… Read More

June 24, 2020 @ 7:56 am By Samantha Hurst  |  

  Online lending platform Lendio announced on Tuesday it has formed a new partnership with Lendistry, an online lender that focuses on providing economic opportunities and progressive growth for minority small business owners and those in underserved communities. Lendio reported that through this partnership, it… Read More

June 19, 2020 @ 2:45 pm By Samantha Hurst  |  

Remitr, a Canada-based business payments platform, announced earlier this week the launch of its global business accounts. Remitr claims that its Remitr GBA replaces the “hassle” of cheques and wire transfers or the need to set up a foreign account.  “Remitr Global Business Account (GBA) offers Canadian… Read More

June 12, 2020 @ 10:04 am By Samantha Hurst  |  

Mastercard announced on Thursday it has joined forces with Octet Europe to launch of a new trade solution across the European Economic Area (EEA). According to Mastercard, the Mastercard Trade Solution powered by Octet Europe with a goal to help small and medium-sized enterprises (SMEs) grow… Read More

June 12, 2020 @ 8:12 am By Samantha Hurst  |  

UK banking group Barclays announced earlier this week the launch of its new “Back to Business” toolkit specifically for UK small businesses. The toolkit is to help businesses get back on their feet following the rise of the COVID-19 pandemic. It is also the latest… Read More

June 10, 2020 @ 1:41 pm By Samantha Hurst  |  

NS8, a U.S.-based online fraud detection and prevention for small-and-medium-sized businesses (SMEs), announced on Wednesday it secured $123 million through its Series A funding round, led by Lightspeed Venture Partners with additional backing from AXA Venture Partners. Founded in 2016, NS8 stated it safeguards online businesses… Read More

June 9, 2020 @ 4:02 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has approved more than $4.7 billion in loans to small businesses across the U.S. through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program… Read More

June 1, 2020 @ 11:20 am By Samantha Hurst  |  

U.S. banking group Wallis Bank recently announced it has provided $347.5 million in Paycheck Protection Program (PPP) loans to more than 3,500 small businesses throughout the country that have been impacted by the COVID-19 pandemic. As previously reported, The PPP was established by Congress under… Read More