Tagged: sme’s

September 17, 2021 @ 8:18 am By Omar Faridi  |  

Validis, the provider of open accounting data analytics, reveals that it has teamed up with Bank North, the recently accredited SME-focused virtual bank. Having acquired a UK banking permit (Authorization with Restrictions), Bank North is prepared to launch its first lending pod in Manchester this… Read More

September 16, 2021 @ 4:10 pm By Omar Faridi  |  

Intuit (Nasdaq: INTU), the international tech platform that develops TurboTax, QuickBooks, Mint, and Credit Karma, reveals that it will be acquiring Mailchimp, an established customer engagement and marketing service for SMEs. The planned Mailchimp acquisition for around $12 billion in cash and stock aims to… Read More

September 16, 2021 @ 7:54 am By Omar Faridi  |  

ForwardAI, a Fintech firm offering aggregated access to business and accounting data and analysis, has introduced PreciseMatch, which is described as an intelligent transaction mapping technology that “automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.” Banking… Read More

September 13, 2021 @ 7:51 am By Omar Faridi  |  

Stockholm-headquartered Qred, a small business lending service provider, has reportedly received a substantial investment from Nordic Capital. Although the exact amount invested has not been shared publicly, Sweden’s Breakit.se reveals that Nordic Capital may have invested just over half a billion kronor (appr. €49 million)… Read More

September 7, 2021 @ 2:59 pm By Omar Faridi  |  

Trade Ledger, an international digital lending platform, has teamed up with ScotPac, Australia and New Zealand’s biggest non-bank SME lender, in order to develop an origination and underwriting experience for business funding. As mentioned in a release, the partnership demonstrates the scope of the Trade… Read More

September 2, 2021 @ 11:44 am By Omar Faridi  |  

PayEm, the international spend and procurement platform for high-growth and multinational organizations, reveals that it has secured $27M in funding. As mentioned in a release shared with CI, the $27M consists of a $7M seed round that was led by Pitango First and NFX along… Read More

September 2, 2021 @ 6:53 am By Omar Faridi  |  

iwoca, one of the largest small business lenders in Europe, has introduced its “industry-first” cash advance product on Funding Xchange for small business online sellers. iwoca will reportedly be the first lender in the United Kingdom – leveraging Open Banking – to provide fully automated… Read More

September 1, 2021 @ 7:39 am By Omar Faridi  |  

Capitalise.com, a digital “super” platform that enables accountants and their SME customers to gain access to capital with a range of credit and risk tools, has secured £10 million from Experian, QED Investors, Gauss Ventures, Hambro Perks, and Post Finance. The investment acquired by Capitalise.com… Read More

August 30, 2021 @ 4:25 pm By Omar Faridi  |  

Sensibill, the customer data platform that “enriches” SKU-level data for the financial services sector, and FreeAgent, a provider of cloud accounting software for SMBs and accountants, will be supporting over 110,000 business clients to “better manage their business expenses.” As mentioned in a release, the… Read More

August 27, 2021 @ 11:37 am By Omar Faridi  |  

i2c Inc., a provider of virtual payment and banking tech, reveals that it has teamed up with Credijusto, a technology-enabled SME lender in Mexico. Through the partnership, the firms will offer seamless credit services for the nation’s SMBs via the Covalto American Express credit card… Read More

August 27, 2021 @ 8:11 am By Omar Faridi  |  

Monit, a mobile financial platform for small businesses, states that it plans to improve the connections between banking platforms and their small business clients. The company has announced several new senior management appointments across the organization. Rian Stockbower is now the firm’s first CTO; Max… Read More

August 25, 2021 @ 2:50 pm By Omar Faridi  |  

Small businesses’ average total sales reached 80% of pre-COVID levels, according to a recent Kabbage Survey. COVID-19 vaccination rates among small business owners have outpaced the US national average while issues with recruitment and reopening protocols “persist,” the Kabbage team noted earlier this month. Kabbage,… Read More

August 24, 2021 @ 8:38 am By Omar Faridi  |  

Newly-introduced SME bank, Recognise Bank, reveals that it has acquired £14 million in funding, which includes a recent investment from one of its existing shareholders. The capital injection means that Recognise Bank has now satisfied the financial requirements established by the PRA (Prudential Regulation Authority),… Read More

August 21, 2021 @ 12:00 pm By Omar Faridi  |  

UK-headquartered MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that assisting your clients with getting back on track with their growth plans is a key priority for your accounting company. And making use of the latest UK government financial support for… Read More

August 19, 2021 @ 2:18 pm By Omar Faridi  |  

Stax by Fattmerchant, which claims to be the industry’s “only” complete “all-in-one” solution for managing “everything” in the payments ecosystem, has announced the addition of credit card surcharging to its “feature-rich” technology. As mentioned in a released shared with CI: “With prices of processing fees… Read More

August 17, 2021 @ 5:00 pm By Omar Faridi  |  

Ximena Alemán, Co-CEO at Prometeo, the Latin American (LatAm) Fintech firm that’s leading Open Banking adoption throughout the region, recently shared key industry insights with Crowdfund Insider. Prometeo recently announced the launch of Spark, which is a free-of-cost program for high-potential startups, Fintechs, as well… Read More

August 16, 2021 @ 8:03 am By Omar Faridi  |  

New data from European Fintech iwoca, one of the largest small business lenders, reveals how embedded finance will play a key role for SMEs as they try to recover from the COVID-19 pandemic. Timely insights “bring to life” the wide-ranging benefits of embedded finance, according… Read More

August 16, 2021 @ 7:56 am By Omar Faridi  |  

Datam, a new software-as-a-service (SaaS) platform that allows companies or businesses to begin accepting card payments within minutes, has raised £560,920 of its £550,001 target from 224 investors (at the time of writing) via Seedrs. There are 24 days left in the company’s sale, as… Read More

August 13, 2021 @ 3:35 pm By Omar Faridi  |  

Novo, the powerful small business banking platform, reveals that it has appointed Dani Lima to serve as Executive VP of Revenue and Strategy, and Peter Martinez will be working as the firm’s Director of Engineering. Today, many small business owners in the US spend a… Read More

August 13, 2021 @ 3:32 pm By Omar Faridi  |  

Global startup engagement program Mastercard Start Path is welcoming 11 Fintechs to receive dedicated support, access to clients and product development teams, and opportunities to engage in innovative projects. Finmod, Flourish Savings, GenEQTY, Karri, KeyChain Pay, Kwara, Layer, Osper, Swap, upSWOT and Wellthi have reportedly… Read More