Tagged: smbs

Lithuania based Finbee Expands Services to Poland

Finbee are reportedly expanding their service geography and launching their first set of services in Poland. Finbee revealed that they are now offering loans for small and medium-sized businesses (SMBs) for up to PLN 200,000 for “up to three years, without collateral.” Tomas Maciulaitis, CEO… Read More

Intuit and Global Fintech Adyen to Help SMBs Get Paid Faster

Intuit Inc. (Nasdaq: INTU), the financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a collaboration with Adyen (ADYEN:AMS), the fintech for businesses, to help small and mid-market businesses (SMBs) easily manage electronic payments. The companies will integrate Adyen‘s embedded payment services into Intuit’s… Read More

Spendesk and Adyen to Accelerate SMB Innovation with Embedded Payments

Adyen (ADYEN:AMS), the financial technology platform for businesses, has announced its long-term strategic partnership with Spendesk, the spend management platform for medium-sized businesses. The partnership will support innovation in embedded financial services, as Spendesk continues to accelerate bringing products to market in 2025, and Adyen… Read More

UK SMEs Have Not Experienced Benefits of Declining Inflation – iwoca Research Study

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 — one of Europe’s SME lenders. The research study, which comes ahead of the… Read More

Mastercard Announces New Benefits to Support Small Businesses in Canada

Mastercard (NYSE: MA) announced recently that it has launched various new benefits in support of small businesses operating across Canada. Curated new cardholder benefits provide savings on products and solutions tailored to meet the requirements of Canadian business owners. In order to to acknowledge Small… Read More

Twill Brings AI’s Benefits to SMEs: Large companies can deploy data science teams… The mom-and-pop can’t. Enter Twill.

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

UK Fintech Codat Reports £14M in Revenue and £34M in Losses for FY 2023

UK Fintech firm Codat has recently released its FY 2023 report. The UK based Fintech Codat is reporting a modest £14 million in total revenue for this period a swell as £34 million in losses for the same financial period. Codat is a UK-headquartered fintech… Read More

Financial Platform for SMBs: BILL Remains Focused on Payments with Capabilities of Faster Speed for Small Businesses

BILL (NYSE: BILL), a financial operations platform for small and midsize businesses (SMBs), announced new payment offerings for SMBs and accountants to make payments faster, easier, and more secure. The new capabilities, which are “part of BILL’s powerful payments engine, include a new international payment… Read More

PayPal Ventures Leads Fintech Firm Ume’s $15M Series A Round

Ume, a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, has announced it has raised $15 million in Series A equity funding. The investment round was led by PayPal Ventures, “with participation from NFX, Globo Ventures, Clocktower Ventures, Big… Read More

Boston based Fintech Centime Introduces AP Solution that Pays Businesses to Automate Accounts Payable

Centime, a Boston-based fintech that offers comprehensive cash management and banking solutions to small to midsize businesses (SMBs), has announced an innovative approach to Accounts Payable (AP) automation that goes beyond the basic promise of ROI. Centime’s new offering not only streamlines the AP process… Read More

Global Fintech FIS Introduces Digital Lending Solution for SMBs

FIS (NYSE: FIS), a global firm focused on financial technology, announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s small business financial solutions technology platform, the solution aims to “reduce the barriers to funding for small and… Read More

Human Interest, the 401(k) Provider, Announces Key Steps Towards Public Company Readiness

Human Interest, the 401(k) provider, announced significant steps towards public company readiness with financings of $267M and key hires and board appointments, “all of whom share deep, first-hand experience taking companies public.” The funding includes a previously unannounced Series E raise “led by Marshall Wace… Read More

Fintech Firm Bluevine Announces Layoffs at Israel based Offices

Bluevine is reportedly laying off around 12% of its Israel-based workforce. Bluevine says it is on a mission to enable “a better financial future for small business owners through innovative banking solutions designed just for them.” By combining technology and security with their team’s expertise… Read More

Insurtech: NEXT Insurance Announces Availability of Business Owner’s Policy, a Solution for Small Businesses

NEXT Insurance, a digital insurer transforming small business insurance, announced the availability of its Business Owner’s Policy (BOP), a comprehensive insurance solution designed with the specific needs of small businesses in mind. Building upon NEXT’s AI-powered, proprietary platform and underwriting expertise, NEXT’s BOP offering “enables… Read More

Australia’s CBA Cautions Small Businesses Against Tax Time Scams

Commonwealth Bank is urging small businesses to be extra vigilant this tax season, as scammers use sophisticated tactics to rob hardworking Australians of their tax returns. With the end of financial year approaching, scammers and cybercriminals “generally ramp up their tax scam activity, using phishing… Read More

Small Businesses in Canada Stabilizing Operations Amid Slowing Decline in Revenue – Report

Xero, the global small business platform, released its latest Xero Small Business Insights (XSBI) quarterly update for Canada, based on data from October to December 2023. The data showed that Canada’s small business sales decline “may be levelling off, which is an encouraging signal for… Read More

Number of Growing UK Sectors Reaches 10-Month High, Lloyds Banking Group Report Claims

The number of UK sectors reporting output growth hit a 10-month high in February, with companies indicating rising demand and spreading business optimism, according to the latest Lloyds Bank UK Sector Tracker. In February, 10 of the 14 UK sectors monitored by the Tracker reported… Read More

Portugal’s Banco BPI and Fintech Personetics Launch App to Assist SMBs with Operations

Portuguese bank Banco BPI and Personetics announced the introduction of Pulsoo, an independently branded application that empowers small and medium business (SMB) owners to manage their businesses. In a single pane of glass that can be quickly consulted and queried throughout the business day, Pulsoo… Read More

iwoca and Business Account Provider Countingup to Provide Flexible Loans

iwoca, which claims to be one of Europe’s largest SME lenders, announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup’s users at the touch of a button. Building on Countingup’s suite of built-in finance, accounting and… Read More

Real-Time International Payments: Ebury and Fintech Nium to Enable Remittance Service in Brazil

Ebury, one of the largest fintech companies specializing in transactions for SMEs, announced its partnership expansion with Nium, the enabler of real-time global payments, to deliver a groundbreaking global remittance service in Brazil. The announcement follows regulatory “approval of Ebury’s acquisition of Brazilian fintech Bexs,… Read More

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