Tagged: sme’s

March 20, 2023 @ 8:20 am By Omar Faridi  |  

Manchester-based Fintechs, BankiFi and Financielle have announced the joint launch of a new playbook for small-to-medium sized enterprises (SMEs), “giving business owners back their most valuable asset – time.” The new playbook has been designed “to help SMEs, especially those that are female led, to… Read More

March 19, 2023 @ 10:56 pm By Omar Faridi  |  

The team at Debitum notes that platform performance in February reveals a solid start of the year. New Loan originator – Flexiadea Polska – assets are “available for investments; increased rates for existing Loan Originators; improvements of the platform (‘About us’ section rebuilt); new deposits… Read More

March 15, 2023 @ 10:42 pm By Omar Faridi  |  

Payment service provider Clik2pay is announcing a new integration with global small business platform, Xero, “offering the ability for Canadian small businesses to pay their Xero invoices securely from almost any Canadian bank account using Interac e-Transfer™, one of the most trusted money transfer systems… Read More

March 15, 2023 @ 10:38 pm By Omar Faridi  |  

livi bank, which claims to be one of Hong Kong’s leading lifestyle and technology-driven virtual banks, recently announced the full launch of livi Business, which is described as its game-changing service designed “to empower SMEs (small and medium enterprises) to pursue their ambitions by meeting… Read More

March 10, 2023 @ 10:42 pm By Omar Faridi  |  

BILL (NYSE: BILL), a key player focused on financial automation software for small and midsize businesses (SMBs), announced a partnership with BMO in order “to digitize and streamline business payments.” BMO Bill Connect, powered by BILL, is a bill pay and invoicing platform that “helps… Read More

March 6, 2023 @ 2:44 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced Cowbell 365, an around-the-clock service that “offers policyholders comprehensive support for risk improvement and incident response.” Cowbell 365 “provides 24-hour availability every day of the week, 365 days of the year, bringing… Read More

March 2, 2023 @ 7:33 pm By Omar Faridi  |  

Walmart (NYSE: WMT) and Citi (NYSE: C) are collaborating to introduce the Bridge built by Citi platform (Bridge) to Walmart’s 10,000 small- and medium-sized businesses (SMBs) in their US-based supplier network. Bridge is “a digital platform that connects SMBs with a diverse group of more… Read More

March 2, 2023 @ 6:17 am By Omar Faridi  |  

As consumers move more regularly between online and in-the-store, small businesses need the latest tools “to provide the same type of shopping experiences seen at big brand companies.” To make payments simple and provide small businesses with an easy-to-use portal to manage their website, inventory… Read More

February 24, 2023 @ 9:02 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has announced a partnership with Sage, a firm focused on accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The collaboration “makes it simpler for small businesses to secure funding.” With the incorporation of Sage Accounting and Funding Circle’s… Read More

February 17, 2023 @ 12:17 pm By Omar Faridi  |  

Visa Inc. (NYSE: V) announced new offers aimed “to help small and micro businesses (SMBs) accept digital payments, fine-tune their essential systems and save on the technology needed to grow and build business resilience.” With Visa SavingsEdge, eligible Visa Small Business cardholders can “unlock automatic… Read More

February 17, 2023 @ 8:25 am By Omar Faridi  |  

As online purchases have soared in the last few years, so has the level of online fraud. In 2021, e-commerce fraud in the UK “jumped to GBP 1.3 billion.” As many merchants make the transition to online stores, “ensuring their transactions are protected is crucial.”… Read More

February 16, 2023 @ 9:27 am By Omar Faridi  |  

Demand for finance from the UK’s 5.5m small and medium-sized businesses1 is on the rise at the same time as banks are “reducing their lending appetite,” according to iwoca’s latest SME Expert Index. More than eight in ten SME finance brokers (82%) agree “that major… Read More

February 15, 2023 @ 12:35 pm By Omar Faridi  |  

The team at Coinmetro has announced that their firm has acquired Ignium.io, a blockchain-native fundraising platform for small to medium-sized enterprises (SMEs), for EUR 4 mil.” Ignium was “created to address the pressing issue of 60 million small businesses world-wide lacking optimum financial services.” The… Read More

February 12, 2023 @ 6:49 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced a partnership with Millennial Shift Technologies, a custom branded e-trading platform suite. The partnership will deliver Cowbell’s cyber insurance programs, Cowbell Prime 100 and 250, on Millennial Shift’s e-trading broker platform, mFactor…. Read More

February 11, 2023 @ 12:45 pm By Omar Faridi  |  

October has been providing financing to Qonto, Europe’s financial management company, for almost two years now. Integrated directly via API with the Qonto platform, October “analyzes customer requests in a few clicks to provide them with an instant loan offer.” With over 40,000 active retail… Read More

February 11, 2023 @ 10:17 am By Omar Faridi  |  

February has started with “great news” from Debitum‘s UK Loan originator, the company Triple Dragon. Two new A+ ABS programs are added to Debitum. Both programs are “on increased interest rate – by 1% p.a. compared to the regular rate.” 1st ABS program details: Total… Read More

February 5, 2023 @ 3:27 pm By Omar Faridi  |  

Center, a software company helping businesses gain visibility into and manage employee spending, released insights from its fourth annual Expense Management Trends survey, revealing that “despite an uncertain economic environment, over a third of respondents (36%) plan to spend more than $250k annually on travel,… Read More

February 4, 2023 @ 4:27 pm By Omar Faridi  |  

  There’s a lot of frustration when credit card readers “do not respond to a customer’s dips, taps and swipes—or require a reset halfway through a transaction.” According to the J.D. Power 2023 U.S. Merchant Services Satisfaction Study, the small business owners “who are fighting… Read More

February 4, 2023 @ 10:10 am By Omar Faridi  |  

Pie Insurance, a tech-enabled provider of workers’ compensation insurance to small businesses, announced that Pie Insurance Group has “secured a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of ‘a-‘ (Excellent)” from AM Best, a global credit rating agency and data… Read More

February 3, 2023 @ 8:26 am By Omar Faridi  |  

iwoca reaches net profitability in Q4 2022 and experiences over 50% increase in the number of small and medium-sized businesses funded across the UK and Germany This comes as iwoca “increases its funding line with Pollen Street Capital from £125m to £170m.” The total number… Read More