Tagged: small businesses

June 14, 2023 @ 3:12 pm By Omar Faridi  |  

Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, “to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses.” Discover Bank has “made… Read More

June 14, 2023 @ 12:22 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, today announced the launch of Forwardly, the first of its kind real-time payment (RTP) enabled cash flow management tool “for small and medium sized businesses in North America.” Forwardly was designed “to… Read More

June 13, 2023 @ 2:28 pm By Omar Faridi  |  

American Express (NYSE: AXP) a new partnership with Request to Pay focused fintech startup, Bluechain in order “to help streamline the supplier payment process for small and medium sized enterprises (SMEs).” Invoice management can “be resource intensive for small business owners, especially when using multiple… Read More

June 11, 2023 @ 6:35 pm By Omar Faridi  |  

NEXT Insurance, a digital insurtech transforming small business insurance, recently announced its expanded partnership with Gusto Embedded. The strengthened partnership “will exclusively offer NEXT’s pay-as-you-go workers’ compensation to the small business customers of Gusto Embedded partners through NEXT’s fully embedded insurance solution, NEXT Connect.” Users… Read More

June 10, 2023 @ 12:28 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses. Allica Bank was founded “to serve established UK SMEs (businesses with 10-250 employees)… Read More

June 9, 2023 @ 8:55 am By Omar Faridi  |  

Insify, the end-to-end digital insurance platform designed for Europe’s entrepreneurs and SMEs, announced that it has raised €15 million in Series A financing. Global venture firm Accel “led the investment round and was joined by Visionaries Club as well as existing investors Frontline Ventures and… Read More

June 8, 2023 @ 8:39 am By Omar Faridi  |  

At a time when the EUR/USD pair has never been so sensitive to market fluctuations, iBanFirst is now offering its clients “the possibility of opening local accounts in USD to facilitate the transfer of flows from European SMEs to the US.” It can be particularly… Read More

June 4, 2023 @ 5:28 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), and Skyward Specialty Insurance Group Inc. (NASDAQ: SKWD) , a firm focused on the specialty property and casualty market, announced a partnership agreement that “expands Cowbell’s coverage and capacity of its Prime 250… Read More

June 4, 2023 @ 6:28 am By Omar Faridi  |  

Aliaswire, Inc., a provider of innovative payment and financial technology services, announced that Onboard Partners, LLC has acquired its Payvus small business credit card issuing and capital management business. The acquisition of the Payvus business, technology and intellectual property “will expand Onboard’s already successful financial… Read More

May 31, 2023 @ 9:04 am By Omar Faridi  |  

Muse Finance, a working capital business finance provider – today announces the appointment of Julie Ashmore “as COO to help achieve its ambition to reach 30,000 customers and provide £1.5bn of SME financing in the next three years.” With three decades of experience in fintech,… Read More

May 28, 2023 @ 8:44 pm By Omar Faridi  |  

Abu Dhabi Islamic Bank (ADIB) has reportedly become the first bank in the UAE to provide small and medium-sized enterprises (SMEs) “with convenient remote account opening services through a mobile app by deploying Emirates Face Recognition (EFR) technology.” This new feature will “allow businesses to… Read More

May 26, 2023 @ 8:23 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced it is bolstering its underwriting capabilities with new additions to its UK and US teams. Claud Bilbao joins “as UK Director of Underwriting, reporting to Simon Hughes, General Manager for UK operations.”… Read More

May 25, 2023 @ 6:05 am By Omar Faridi  |  

The Commonwealth Bank of Australia’s (CBA) is launching a new tool to help small and medium sized enterprises (SMEs) to embed sustainability into their operations. CBA’s new Sustainability Action Tool “provides insights into actions businesses can take to reduce their environmental impacts and lower costs.”… Read More

May 24, 2023 @ 3:02 pm By Omar Faridi  |  

With the U.S. Small Business Administration (SBA) actively seeking new ways to help small business owners secure financing during the current credit crunch, Biz2Credit and CPA.com have introduced a new SBA 7(a) lending option “to the CPA Business Funding Portal, a cloud-based platform that supports… Read More

May 23, 2023 @ 9:19 am By Omar Faridi  |  

Assetz Capital recently announced its institutionally funded lending strategy and its move away from retail funding of its lending. The 10-year old alternative lending platform has “continued to focus on its core areas of expertise including ground up residential housebuilding, residential refurbishment, and continued strong… Read More

May 21, 2023 @ 6:31 am By Omar Faridi  |  

Amount, a fintech powering banking technology for consumer and small business account opening, loan origination and financing, announces the appointments of Kevin Trilli as Chief Product Officer and Raj Kolluri as Chief Technology Officer. Kevin Trilli, who “brings over 27 years of industry expertise, joins… Read More

May 15, 2023 @ 8:59 am By Omar Faridi  |  

Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More

May 13, 2023 @ 4:27 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), today released its Cyber Round-Up: Q2 2023 report. The report explores insights from small and medium-sized enterprise (SME) leaders “across the U.S., revealing that many SME leaders with cyber insurance feel better prepared… Read More

May 11, 2023 @ 11:41 pm By Omar Faridi  |  

There are signs of confidence returning to the UK’s 5.5m small and medium-sized businesses and the lending market they rely on, iwoca’s latest SME Expert Index finds. The new research, “carried out with over one hundred SME finance brokers who collectively submitted over 2,500 SME… Read More

May 9, 2023 @ 10:05 pm By Omar Faridi  |  

PolicyStreet, an emerging regional insurtech company, has recorded exponential growth in FY22, with its topline growing by five times compared to the previous financial year (FY21) and attaining sum insured of more than USD 6 billion. Despite the challenging business environment in FY22, PolicyStreet claims… Read More