July 9, 2018 @ 3:20 pm By Samantha Hurst  |  

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

July 9, 2018 @ 8:42 am By Samantha Hurst  |  

On Monday, Canadian fintech startup Citrusxchange Inc. announced it has launched its blockchain based supply chain and invoice financing platform, Kwikxchange.  The company reported its platform caters to small and medium enterprises seeking supply chain financing and invoice financing. The platform was also developed under… Read More

July 2, 2018 @ 2:06 pm By Samantha Hurst  |  

American Express (NYSE: AXP) announced last week plans to launch a co-branded Amazon credit card for small businesses in the U.S. According to the credit giant, the new card will enhance the way small businesses buy goods and services across Amazon and is part of… Read More

June 27, 2018 @ 9:37 am By Samantha Hurst  |  

TD Bank announced on Tuesday it has formed a new partnership with BizEquity to provide its small and mid-size business customers and prospects from Maine to Florida a no-cost comprehensive business valuation through a cutting-edge digital application. The bank revealed that through its relationship with the Philadelphia-based fintech it now offers… Read More

June 25, 2018 @ 1:26 pm By Samantha Hurst  |  

Last week, National Bank announced it has launched a new mobile point of sale solution, Easy Pay, which is powered by Montreal fintech, Mobeewave and will be used by SME clients. National Bank reported that by collaborating with its partner, Global Payments, it claims to… Read More

May 24, 2018 @ 9:35 am By Samantha Hurst  |  

Sberbank announced on Thursday it has extended more than ₽535 billion in loans to SMEs since the start of 2018. The bank reported that over the first four months of 2018, lending to SMEs increased by 74.4% vs. the same period in 2017. “Sberbank has… Read More

May 14, 2018 @ 2:20 pm By Samantha Hurst  |  

Banking giant Santander is currently making preparation to launch a new stand-alone UK digital bank specifically for SMEs within the next few months. According to the Telegraph, The Spain-based bank is also considering bringing its digital lending service, Openbank to the UK as well. A spokesperson… Read More

May 9, 2018 @ 8:30 am By JD Alois  |  

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

April 19, 2018 @ 8:50 am By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it is putting the UK government “on notice” to improve access to finance for property SMEs by forging better partnerships with the alternative finance industry.  LendInvest reported that in a new report entitled Putting Finance First: the alternative route to… Read More

April 11, 2018 @ 3:53 pm By JD Alois  |  

Securities and Exchange Commission Chair Jay Clayton re-affirmed his commitment to bolster the environment for smaller companies to more easily raise the growth capital they need and to help foster a more conducive IPO market for SMEs. Speaking at an Equity Market Structure Symposium in… Read More

April 9, 2018 @ 2:31 pm By Samantha Hurst  |  

Lendr, a provider of flexible working capital to small- and medium-sized businesses, specializing in business finance and factoring solutions, announced on Monday it has launched a new business debit card product to service its growing client base.   Lendr reported that the ability to fund business owners in… Read More

January 26, 2018 @ 9:59 am By Samantha Hurst  |  

Online balance sheet lender, Nucleus Commercial Finance, reportedly lent £350 million in 2017. Founded in 2011, the lender revealed its platform was created in order to provide UK SEMs with alternative funding options. It was revealed: “At Nucleus, we combine the stability of bank finance with the… Read More

October 27, 2017 @ 3:20 pm By Samantha Hurst  |  

ING announced this week it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. According to ING, this proposition fits its strategy to grow its lending business to SMEs and creating a differentiating customer experience. The offering has… Read More

September 28, 2017 @ 1:30 pm By Samantha Hurst  |  

Last week, ABN AMRO announced the launch of its new SMEs initiative, New10. According to the company, New10 allows SMEs to know within 15 minutes whether they qualify for a loan and under what terms and conditions. ABN AMRO noted New10 meets the needs of this group… Read More

August 3, 2017 @ 11:31 am By JD Alois  |  

Square (NYSE:SQ) reported Q2 earnings yesterday. The company topped expectations by posting a loss of ($0.04) a share versus an expected loss of ($0.05) a share. While the company entered its existence as a streamlined payments processor for everyone, Square has quickly morphed into a… Read More

July 24, 2017 @ 6:05 am By Erin Hobey  |  

Last month Michael Koenitzer joined Global Debt Registry (GDR) as its Director of Business Development in the new New York office.  Since joining the GDR team he has focused on building and supporting customer relationships with key investor accounts and senior lenders. Koenitzer joined GDR with… Read More

March 27, 2017 @ 2:04 pm By Samantha Hurst  |  

German-based SME lending platform Bitbond and African payment services provider BitPesa announced on Monday they have formed a new partnership to improve access to African SMEs financing.  Bitbond stated that by working with BitPesa, borrowers who receive funding on its lending platform can now have their loan… Read More

March 10, 2017 @ 7:55 am By JD Alois  |  

PwC’s Accelerator has published the first edition of their SME Equity Financing Atlas.  According to their data, equity investments in SMEs have been growing steadily over the last years. The main drivers are the accumulation of capital in investor’s hand, new technologies and low-interest rates…. Read More

February 24, 2017 @ 11:56 am By JD Alois  |  

As traditional banks reduce their physical presence across the country some online lenders are increasing their brick and mortar operations.  Assetz Capital is investing in their regional team and, in fact, grew their numbers by 110% during 2016. Stuart Law CEO and co-founder of the P2P… Read More

February 20, 2017 @ 2:20 pm By Therese Torris  |  

At the onset of the marketplace lending market, lending to businesses was equated with lending to small and very small businesses: businesses at the low end of the small and medium-size enterprise (SME) market who were borrowing on average under €100,000.  However, as the alternative lending… Read More