Tagged: sme’s

April 12, 2022 @ 9:08 pm By Omar Faridi  |  

Kayamo is teaming up with Netbank, a fully-regulated bank that provides Banking-As-A-Service solutions through open APIs, to improve the way they release loan payouts and collect loan repayments–”overall, to provide a better user experience for their end-customers.” Prior to this partnership, Kayamo needed “to complete… Read More

April 6, 2022 @ 12:07 pm By JD Alois  |  

Alchemy, a Fintech providing Lending as a Service, has announced an SaaS small business lending feature that fully automates commercial loans. In a release, Alchemy explains that they have spent years perfecting their automated application process, decision engine, and workflows that allow lenders to negotiate… Read More

April 4, 2022 @ 10:17 pm By Omar Faridi  |  

PayMint, the Egypt-headquartered Fintech firm, has closed a seed funding round (of 7 figures) from AUR Fintech-which is a subsidiary of AUR Capital, in order to support PayMint’s business expansion plan in Fintech and SMEs’ financial inclusion in Egyptian markets. PayMint introduced its services back… Read More

March 25, 2022 @ 11:01 am By Omar Faridi  |  

FintechOS, a tech partner offering “high-productivity” Fintech infrastructure solutions for firms providing financial services, confirmed the launch of its accelerators for SME mobile lending and onboarding. The accelerators enable service provides to conveniently and efficiently enhance the SME customer onboarding process and streamline the loan… Read More

March 23, 2022 @ 7:31 pm By Omar Faridi  |  

Thinking Capital, Canada’s Fintech provider of credit and insights to small businesses and a member of the Purpose Unlimited family of companies today announced its new name: Driven, by Purpose. The name <<Driven, by Purpose>> “celebrates the drive and the generative energy of small businesses… Read More

March 22, 2022 @ 10:22 pm By Omar Faridi  |  

Finally, the Fintech startup whose goal is to help small businesses automate their accounting and finance functions, has announced a $95 million Series A, including equity and debt. The investment round has been led by PeakSpan Capital along with contributions from Active Capital, 500 FinTech,… Read More

March 15, 2022 @ 3:06 pm By Omar Faridi  |  

UK-based ThinCats, the alternative finance provider to SMEs, has reportedly appointed Billy Ferguson to serve as the firm’s CTO. Ferguson brings considerable professional experience within the IT industry, having previously served in key roles at Aldermore Bank, Allianz Insurance as well as Prudential. Ferguson will… Read More

March 14, 2022 @ 11:17 pm By Omar Faridi  |  

Malaysia Debt Ventures (MDV), a subsidiary of the Minister of Finance (MOF) and dedicated tech financier, is reportedly establishing a pilot fund valued at RM500,000 to be invested through Funding Societies, a Southeast Asia-based SME digital financing platform. This move intends to reach underserved companies,… Read More

March 11, 2022 @ 12:28 pm By Omar Faridi  |  

Funding Options, a UK firm helping business owners get the right finance in place, so they can “trade, plan and grow with confidence,” has been focused on expanding its range of financial services. Calling all Accountants and Advisory Professionals – Funding Cloud: Connect has officially… Read More

March 10, 2022 @ 8:51 pm By Omar Faridi  |  

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

March 4, 2022 @ 8:26 am By Omar Faridi  |  

UK-based MarketFinance notes that while consumer apps have undergone major digital transformation over the past decade, many B2B experiences have “remained largely offline and clunky.” MarketFinance writes in a blog post that they have “grown used to consumer experiences being unlocked with a few taps,… Read More

March 3, 2022 @ 9:08 pm By Omar Faridi  |  

Tide, which is the United Kingdom’s business financial platform with full-scale operations set to launch in India, has confirmed their plans to support 500,000 female-led companies by 2027. UK based #fintech #Tide commits to incubate 500,000 women-led small businesses in India in next five years,… Read More

March 2, 2022 @ 10:50 am By Omar Faridi  |  

Empowered by Enfuce’s payment platform, AirPay Digital is able to provide smart business cards featuring automated bookkeeping. AirPay, which claims to be the first card payment solution to cover the transaction journey from point-of-sale to company accounting, has selected Enfuce, one of Europe’s Fintech firms,… Read More

March 1, 2022 @ 5:45 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, recently announced a partnership with Visa (NYSE: V). The partnership will aim to increase Tribal’s issuance of business credit cards in Mexico, Brazil, Colombia, Chile, Peru, Argentina, Panama, Uruguay, and the Dominican Republic to “create… Read More

February 28, 2022 @ 2:52 pm By Omar Faridi  |  

The UK government’s Help to Grow scheme has seen “painfully slow” uptake from small businesses – “despite the current economic landscape leaving many of them in desperate need of support,” according to an update shared with CI. Mikkel Velin, Co-CEO of B2B embedded lending provider… Read More

February 28, 2022 @ 3:27 am By Omar Faridi  |  

European marketplace lender October recently commented on the French state-guaranteed loans. On March 2020, the French State announced an “exceptional package of €300Bn state-guaranteed loans (PGE) to support SMEs during the Covid-19 crisis.” Since the launch of this first state-guaranteed loan via the October platform… Read More

February 27, 2022 @ 11:37 pm By Omar Faridi  |  

Since the start of the Coronavirus crisis, both digital-service use and the digital market have grown significantly in Southeast Asia. According to the e-Conomy SEA 2021 Report by Google, Temasek, and Bain & Company, there are now around 350 million digital consumers in the region… Read More

February 27, 2022 @ 9:39 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) notes that they have made enhancements to the SME Financing Guarantee Scheme. The Financial Secretary confirmed in the 2022-23 Budget today (23 February) that the application period for the 80% Guarantee Product, the 90% Guarantee Product and the Special… Read More

February 27, 2022 @ 6:21 pm By Omar Faridi  |  

Pakistan’s NayaPay Pvt. has reportedly acquired $13 million in early-stage capital as it aims to onboard consumers who an underbanked or financially underserved. The Karachi-headquartered Fintech firm’s seed round has been led by Zayn Capital, MSA Novo and Silicon Valley’s early-stage investor Graph Ventures, CEO… Read More

February 25, 2022 @ 8:16 am By Omar Faridi  |  

European Fintech iwoca reveals that a new B2B payments solution is bringing together instant payments, free transactions and flexible financing “to address cash flow problems for both buyers and suppliers.” As mentioned in an update shared with Crowdfund Insider, online Fintech firm iwoca has noted… Read More