Tagged: small businesses

June 29, 2022 @ 12:05 pm By Omar Faridi  |  

SME Bank, the bank making life easier for small- and medium-sized enterprises, has teamed up with “next-generation” payment infrastructure provider kevin. in order to create an easy-access one-stop-shop for digital commerce business owners looking for a suite of online payment capabilities for clients, with payments… Read More

June 28, 2022 @ 10:34 am By Omar Faridi  |  

Fundbox, an embedded working capital platform for small businesses, announced that the company has partnered with Galileo Financial Technologies, an open API platform that enables unique and differentiated financial solutions, and MetaBank, a financial empowerment company, “to accelerate its product roadmap and help bring innovative… Read More

June 28, 2022 @ 2:17 am By Omar Faridi  |  

Pie Insurance, an Insurtech company specializing in workers’ comp insurance for small businesses, recently announced small business owners in Alabama and Oregon have access to its workers’ comp insurance. The expansion “increases the company’s coverage footprint to 38 states and Washington D.C, representing 89% of… Read More

June 27, 2022 @ 2:00 am By Omar Faridi  |  

Accounting firms are missing a “key opportunity” to adopt Open Banking to help meet the needs of small businesses facing a cash flow squeeze, according to a report by iwoca, which claims to be one of Europe’s largest small business lenders, and AccountingWeb. The report,… Read More

June 26, 2022 @ 10:22 pm By Omar Faridi  |  

Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced that it’s partnering with Experian to help establish credit profiles for businesses that “are new to credit or otherwise credit invisible, and thereby potentially expand the range of… Read More

June 24, 2022 @ 8:31 am By Omar Faridi  |  

This month, Funding Circle, one of the UK’s largest small business loan platforms, has refreshed its ‘Money To Do More’ scheme “with enhanced benefits for Funding Circle employees, known as Circlers.” The company has “set aside £300k this year, with each of Funding Circle’s 600… Read More

June 23, 2022 @ 1:27 pm By Omar Faridi  |  

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to an update shared with CI. This key milestone comes five years after the digital bank launched its Personal Current Accounts in May 2017, while its… Read More

June 22, 2022 @ 9:38 am By Omar Faridi  |  

Nuula, a Fintech focused on providing small businesses the tools and the capital they need to succeed, announced a new personal loan search feature that “allows small business owners and entrepreneurs that are smaller or earlier stage to search 30+ top lenders for personal loan… Read More

June 21, 2022 @ 8:04 pm By Omar Faridi  |  

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

June 21, 2022 @ 12:37 am By Omar Faridi  |  

The phenomenon of digitalization is becoming a vital part of our daily life, according to an update from October. So, considering digitalization in European SMEs, the team at October looks into where we currently stand. While new digital solutions are increasingly being used in the… Read More

June 20, 2022 @ 11:26 pm By Omar Faridi  |  

Spend management Fintech Airbase founder and CEO Thejo Kote recently commented on the latest development from Fintech firm Brex. Brex recently announced that they are going “to close all the accounts of small businesses to focus on enterprises and subscription revenue.” As noted by Thejo… Read More

June 20, 2022 @ 2:00 am By Omar Faridi  |  

Funding Circle recently appointed a new Managing Director to lead FlexiPay expansion. Funding Circle, which claims to be one the UK’s largest small business loan platforms, confirmed the appointment of Jerome Fernandez as Managing Director, FlexiPay. FlexiPay is described as “the first short-term finance product… Read More

June 15, 2022 @ 4:05 pm By Omar Faridi  |  

Nuula, a Fintech company focused on providing small businesses the tools and the capital they need to succeed, announced its launch in Canada. Nuula will provide Canadian small business owners with a way to monitor the performance of their business and “access a range of… Read More

June 15, 2022 @ 1:38 pm By Omar Faridi  |  

C2FO, which claims to be the largest global platform for working capital, recently announced the launch of the C2FO CashFlow+™ Card, a new option that “enables businesses to accelerate invoice payment without the discount typically required in exchange for early payment.” The CashFlow+ Card “puts… Read More

June 13, 2022 @ 12:22 am By Omar Faridi  |  

Supporting Italian SMEs in their business projects of growth, development and competitiveness, taking advantage of the key opportunities offered by digital export: this is reportedly the purpose of the agreement made by Banca Sella and Business Vision, a firm focused on e-commerce development and an… Read More

June 11, 2022 @ 1:59 pm By Omar Faridi  |  

Cashplus Bank, the Fintech bank for UK-based small businesses, recently revealed that it has become the first UK bank to introduce a Mastercard-powered Digital Health Check tool for SMEs. The Digital Health Check, which will reportedly be available to the public for free, offers a… Read More

June 9, 2022 @ 10:49 pm By Omar Faridi  |  

Codat, the universal API for small business data, recently announced that it has acquired $100 million in capital via a Series C round that was led by JP Morgan Growth Equity Partners. Canapi Ventures and Shopify also participated in the investment round and Plaid has… Read More

June 8, 2022 @ 8:17 am By Omar Faridi  |  

Invoice finance and embedded finance (think: buy now, pay later options at checkout) help companies with improving their cash flow. On top of this, they manage operational expenditure “to improve their business growth,” the MarketFinance team explains. Invoice finance has been a tool companies have… Read More

June 2, 2022 @ 1:07 am By Omar Faridi  |  

Visa (NYSE: V), a “world leader” in digital payments, announced that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform “with the power of digital payments.” The first step in this collaboration “is the launch of the… Read More

May 30, 2022 @ 7:12 pm By Omar Faridi  |  

Data from Mastercard’s (NYSE: MA) 2022 Borderless Payments Report has revealed “two in five (44%) global small and medium sized businesses (SMEs) fear they will never achieve the same revenue levels as before the pandemic, although online business and international sales offer a real lifeline.”… Read More