Tagged: sme’s

July 3, 2023 @ 7:55 am By Omar Faridi  |  

Qardus, which claims to be an ethical & Sharia-compliant financing platform for social impact SMEs and investors, has secured 106% (£318,837) of its £300,002 target from 153 investors (at the time of writing) with 17 days left in the firm’s crowdfunding campaign carried out via… Read More

July 2, 2023 @ 2:40 pm By Omar Faridi  |  

Businesses in the UK can now give their trade customers up to 12 months to pay for products or services, with a new feature of iwoca‘s integrated B2B payments solution iwocaPay. Building on a 3 month offering, iwocaPay has now added “a second option allowing… Read More

July 1, 2023 @ 6:08 am By Omar Faridi  |  

The Global Entrepreneurship Network (GEN) and Hello Alice, the fintech helping over one million small businesses access capital, announced the creation of a $70M Equitable Access Fund, with initial funding “led by Wells Fargo, that will be developed and deployed over the next five years… Read More

June 30, 2023 @ 11:30 am By Omar Faridi  |  

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, announced the launch of the Forwardly Partner Program, which offers rewards to accountants, bookkeepers and financial professionals who refer business to Forwardly, the first real-time payments solution for small businesses in the… Read More

June 30, 2023 @ 7:49 am By Omar Faridi  |  

LHV Bank, a provider of banking services to global fintechs and SME lending solutions to UK businesses, announces the appointment of Rachelle Frewer “as its incoming Chief Financial Officer.” Subject to regulatory approval, Rachelle will “start her position on 2 January 2024 and will also… Read More

June 29, 2023 @ 9:29 am By Omar Faridi  |  

European SMEs are increasingly using cards and making online and  virtual payments, according to research by Qonto, the European business finance  solution for SMEs. Analysis published has looked at “the spending habits of 350,000 SMEs and freelancers.” The  data “shows increased card usage as well… Read More

June 28, 2023 @ 10:25 am By Omar Faridi  |  

We recently spoke with Raffaele Sadun, CFO of C2FO, a US-based global Fintech platform that’s on a mission to provide every business with equitable, convenient access to working capital. As Sadun explains, working capital isn’t just nice to have — it’s essential for business growth… Read More

June 25, 2023 @ 12:46 pm By Omar Faridi  |  

SAP Fioneer, a global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will “enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of… Read More

June 23, 2023 @ 7:16 am By Omar Faridi  |  

Funding Circle (LSE: FCH),which claims to be the UK’s largest small business lending platform, and Waterfall Asset Management (WAM), a multi-national institutional asset manager, announce “the closing of a £240m securitization backed by SME loans.” The loans, “financed by funds managed by WAM, and originated… Read More

June 21, 2023 @ 11:17 pm By Omar Faridi  |  

Bluevine, the provider of small business banking solutions, today announced the appointment of Kevin McLaughlin as the company’s new Senior Director of PR & Communications. McLaughlin is said to be “a seasoned communications leader and marketing strategist with significant expertise supporting financial services and technology… Read More

June 20, 2023 @ 11:12 am By Omar Faridi  |  

Global fintech SumUp has unveiled its latest UK campaign, with a merchant-centric push that champions the businesses, entrepreneurs and SMEs that power the country, dubbed ‘Local Heroes’. The focus of the campaign is SumUp merchants “from West London and its aim is to use a… Read More

June 18, 2023 @ 12:29 pm By Omar Faridi  |  

Comerica Bank announced the launch of Comerica Small Business Convenient Capital, its first “fully digital,” end-to-end new lending platform “to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.” Built in collaboration with Amount, a digitally enabled lender and credit… Read More

June 16, 2023 @ 9:57 am By Omar Faridi  |  

Tide, the business financial platform, has announced it will help 200,000 female-led businesses start out by the end of 2027. It is the first fintech to support female-led SMEs on this scale. The commitment is part of Tide‘s efforts “to promote gender equality and remove… Read More

June 14, 2023 @ 12:22 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, today announced the launch of Forwardly, the first of its kind real-time payment (RTP) enabled cash flow management tool “for small and medium sized businesses in North America.” Forwardly was designed “to… Read More

June 13, 2023 @ 2:28 pm By Omar Faridi  |  

American Express (NYSE: AXP) a new partnership with Request to Pay focused fintech startup, Bluechain in order “to help streamline the supplier payment process for small and medium sized enterprises (SMEs).” Invoice management can “be resource intensive for small business owners, especially when using multiple… Read More

June 12, 2023 @ 6:57 pm By Omar Faridi  |  

AMNIS Treasury Services AG (amnis), a Fintech company founded in 2014 with the objective of simplifying international banking for SMEs, has recently acquired the SME portfolio of FX-Consulting AG. With this strategic move, the two Zurich-based companies aim “to enhance their support for Swiss SMEs… Read More

June 11, 2023 @ 6:35 pm By Omar Faridi  |  

NEXT Insurance, a digital insurtech transforming small business insurance, recently announced its expanded partnership with Gusto Embedded. The strengthened partnership “will exclusively offer NEXT’s pay-as-you-go workers’ compensation to the small business customers of Gusto Embedded partners through NEXT’s fully embedded insurance solution, NEXT Connect.” Users… Read More

June 10, 2023 @ 12:28 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses. Allica Bank was founded “to serve established UK SMEs (businesses with 10-250 employees)… Read More

June 9, 2023 @ 8:55 am By Omar Faridi  |  

Insify, the end-to-end digital insurance platform designed for Europe’s entrepreneurs and SMEs, announced that it has raised €15 million in Series A financing. Global venture firm Accel “led the investment round and was joined by Visionaries Club as well as existing investors Frontline Ventures and… Read More

June 8, 2023 @ 8:39 am By Omar Faridi  |  

At a time when the EUR/USD pair has never been so sensitive to market fluctuations, iBanFirst is now offering its clients “the possibility of opening local accounts in USD to facilitate the transfer of flows from European SMEs to the US.” It can be particularly… Read More