Tagged: smbs

July 10, 2022 @ 11:07 pm By Omar Faridi  |  

Starling Bank is introducing Bills Manager for small businesses in order to help business and sole trader account customers “streamline” their finances. The feature gives small businesses the ability “to have a Direct Debit or standing order taken from money set aside in any of… Read More

July 7, 2022 @ 7:16 am By Omar Faridi  |  

UK-based business financial platform Tide has teamed up with Transcorp International Limited in order to issue prepaid cards intended for SMEs across India. The co-branded Tide Expense Cards should be introduced as an entry product, supported by India‘s card payment network, Rupay. The Tide app… Read More

July 6, 2022 @ 9:37 am By Omar Faridi  |  

ThinCats, which claims to be the “leading” alternative finance provider to SMEs, recently  announced the appointment of Richard Newman, Senior Director, Transaction Management to manage its Midlands transaction team. Richard reportedly has over 20 years of corporate finance experience occupying senior roles at HSBC, RBS… Read More

July 6, 2022 @ 8:38 am By Omar Faridi  |  

Last year, October had carried out a survey among their community of lenders in order to gain insights into the topics they were “eager to learn more about.” One topic came back repeatedly: their platform statistics. To answer your questions related to stats, October is… Read More

July 3, 2022 @ 11:17 am By Omar Faridi  |  

GetVantage, India’s revenue-based financing Fintech & growth platform for SMEs, has raised $36 million in growth funding led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, and returning investors Chiratae Ventures and Dream Incubator Japan. Other new investors who participated in this investment round “include… Read More

July 2, 2022 @ 9:13 am By Omar Faridi  |  

Westpac has announced that it will roll-out new technology which will “enable small businesses to accept payments from customers via their compatible Android mobile.” Westpac Tap on Phone leverages Airpay TAP technology from Australian payment technology provider Quest Payment Systems. It is being trialed with… Read More

June 30, 2022 @ 11:15 pm By Omar Faridi  |  

4Trans, a Fintech specializing in financial products for supply chain and logistics companies, has secured an €18 million investment from backers “including Atmos, Tera Ventures, and Lighthouse.” Impact investment fund management firm based in the UK, Advance Global Capital “has also extended a revolving credit… Read More

June 29, 2022 @ 6:58 pm By Omar Faridi  |  

NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small- and mid-sized businesses, recently announced the entry into an acquisition agreement with On the Barrelhead, Inc., a data-driven platform that “provides consumers and SMBs with credit-driven product recommendations to help improve… Read More

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 @ 7:12 pm By Omar Faridi  |  

ForwardAI, a Fintech providing aggregated access to accounting and business data and analysis, recently announced its partnership with C2FO, which claims to be the largest global platform for working capital. Through the collaboration, C2FO’s small business customers will “gain access to ForwardAI’s premium cash flow… 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 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 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 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 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 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