Tagged: smbs

Eden Amirav: CEO at Become, an Online Funding Platform for SMEs, Explains How Fintech has Improved Lending Ecosystems

Eden Amirav, CEO at Become (formerly Lending Express), a leading online platform that helps small and medium-sized businesses (SMBs) find and optimize funding solutions, recently shared his views and insights with Crowdfund Insider. Become uses its proprietary technology to assist and nurture businesses throughout the… Read More

UK-based OakNorth Bank Confirms that SME-focused Real Estate Lender, OIMIO, to Launch in the Netherlands

UK-based OakNorth, a digital bank for small and medium-sized companies (SMEs) that offers business and property loans, has confirmed that OIMIO, a commercial real estate SME-focused lender, has established operations in the Netherlands. The lending firm will be launching a supplier’s credit analysis and monitoring… Read More

Fintech Innovation May Address Late Payments and Unpaid Invoices Problem in UK’s B2B Industry: Report

New research performed in the UK has revealed that fewer business-to-business (B2B) invoices were paid late in 2019 when compared to 2018. Construction company Kier Construction is among several firms that have benefited from the UK’s efforts to settle payments in a timely manner. The… Read More

Ride-hailing Service Provider Grab to Partner One of Singapore’s Largest Telecom Firms, Singtel, to Acquire Digital Full Bank License

Non-financial firm ride-hailing service provider Grab confirmed on December 29 that it is partnering with one of Singapore’s largest telecommunication companies, Singtel, in order to acquire a digital full bank license in the Asian country. Singapore is currently accepting applications for a licenses to establish… Read More

India-based Aye Finance Secures INR 1 Billion ($14 Million) in Debt Financing from BlueOrchard

India-headquartered Aye Finance has acquired INR 1 billion (over $14 million) in debt funding from BlueOrchard. Aye Finance’s management noted that it will use the capital raised to further expand its line of products and services (in India), which mainly include its small to medium-sized… Read More

Sweden-based TrueCaller, Operator of Caller-ID System, to Further Expand its Financial Services-related Business

Telephone Communication Call

Sweden-headquartered TrueCaller, a company that runs a caller-identification system, is further expanding its financial services business. The firm is piloting a new program to offer credit to small business owners based in India, which reportedly make up around 20 million of the total 140 million… Read More

Brazil-based Fintech Platform Cora Raises $10 Million in Round Led by Kaszek Ventures

Igor Senra and Leo Mendes, founders of online payments company MOIP, which was acquired by WireCard in 2016, have raised $10 million in order to help fund the operations of a new company, called Cora. Senra and Mendez developed their first business by providing services… Read More

Small Business Lender Herio Capital Captures $10 Million in Funding

Online small business lender, Herio Capital, announced this week that it has funded over $10 million to American entrepreneurs in 2015. This milestone comes after another record month of origination volume for the firm, in which Herio funded $3 million to borrowers. Sherif Hassan, founder and managing partner… Read More

Dealstruck Teams Up With VEDC to Provide Small Businesses With Joint Lending Solutions

Online direct lender Dealstruck announced on Wednesday it has formed a partnership with Valley Economic Development Center (VEDC), a non-profit lender, to provide small businesses with a greater variety of flexible financing options. By combining financing offerings, Dealstruck and VEDC are now able to tailor side-by-side lending packages for… Read More

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