Tagged: small businesses

April 5, 2021 @ 9:47 pm By Omar Faridi  |  

Australia-based banking challenger Judo Bank has released an SME Banking Insights report for February 2021. The extensive report notes that the Australian small to medium-sized enterprises (SME) segment remains the “largest battleground for revenue, profit and growth.” The report adds that this particular segment is… Read More

April 1, 2021 @ 9:49 pm By Omar Faridi  |  

Lithuania-based Debitum, which offers borderless small business financing, recently revealed that it’s pleased to confirm that its users “trust” the platform. Debitum also announced on March 29, 2021, that they’ve crossed the 4 million euros mark in their portfolio. The platform’s management acknowledged that “without… Read More

March 31, 2021 @ 8:53 am By Omar Faridi  |  

European Fintech firm iwoca has released a new index on the SME lending landscape. As noted in a blog post by iwoca, the company’s “SME Expert Index” is described as “an exclusive” index that includes UK brokers which “gives specialist insight on the health of… Read More

March 30, 2021 @ 8:04 am By Omar Faridi  |  

Ireland’s P2P lending platform, Linked Finance, recently welcomed the government’s extension of its €2 billion credit guarantee scheme. The Linked Finance team also confirmed that it has issued €7 million in loans through the scheme (to date). Linked Finance is proud to have provided over… Read More

March 27, 2021 @ 6:38 pm By Omar Faridi  |  

Aspirasi, an online micro-financing and micro-insurance platform operating under Axiata Digital, is providing a more convenient and all-digital financing option for online consumers via Aspirasi CashNow. Now available via digital commerce platform Lazada Malaysia, Aspirasi CashNow is currently open for applications to all Malaysia-based residents… Read More

March 25, 2021 @ 2:14 pm By Samantha Hurst  |  

U.S./Mexico fintech Oyster Financial announced on Wednesday it has launched instant credit and revolving credit lines for Mexico-based small businesses. The new products come less than six months after Oyster Financial raised $14 million through its latest seed funding round, which was led by Monashees and… Read More

March 24, 2021 @ 11:37 pm By Omar Faridi  |  

Fintech firm Become, an online lending platform for SMEs, has shared insights on what may be considered the “real value” of creating a happy or satisfied customer. According to Become, that really is “the million-dollar” (or now billion-dollar due to inflation) question in the world… Read More

March 22, 2021 @ 11:13 am By Samantha Hurst  |  

  Garanti BBVA, BBVA’s Turkish unit, announced on Monday the launch of its new bank account aggregation service specifically for businesses, SMEs, and freelancers. According to Garanti, the services allow clients to view the amount debited and credited to their non-BBVA accounts. Garanti did explain… Read More

March 22, 2021 @ 7:34 am By Omar Faridi  |  

Monzo, a UK-based digital bank that recently raised £50 million as part of a Series G extension, is celebrating one-year of offering Monzo Business. One year ago, on March 17, 2020, the banking challenger had launched Monzo Business. Since that time, Monzo reveals it has… Read More

March 20, 2021 @ 4:41 pm By Omar Faridi  |  

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, has published a blog post that looks into how small businesses can settle their tax payments. Divvy confirms in its blog post that the… Read More

March 19, 2021 @ 3:38 pm By Omar Faridi  |  

The Research and Insights team at PayPal (NASDAQ: PYPL) notes that when the COVID-19 pandemic began, Jennifer Vaughan started noticing a visible change in her business’s customer base. Usually, Jennifer’s “high-end” paper store, Mulberry Paper and More, had been appealing to professional artists. However, Jennifer… Read More

March 19, 2021 @ 7:55 am By Samantha Hurst  |  

    Nordic banking group Nordea announced earlier this week it has partnered with the European Investment Fund (EIF) to guarantee lending solutions to small businesses. Nordea reported that the European Fund will provide it with €700 million in guarantee capacity for 2021. The guarantee program… Read More

March 17, 2021 @ 11:24 am By Samantha Hurst  |  

  Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday it has teamed up with Amazon Business to provide eligible members the opportunity to access customized small business insurance. According to Next Insurance, the collaboration will allow Business Prime members to… Read More

March 15, 2021 @ 10:20 pm By Omar Faridi  |  

After the rollout of Trusple, which is AntChain’s global trade and financial services platform, DBS (SGX:D05) has confirmed that it’s the first major Asian banking institution to finalize a trade financing transaction via the platform. The digital transaction was valued at more than $40,000. The… Read More

March 12, 2021 @ 7:57 am By Samantha Hurst  |  

Autobooks, a U.S.-based small business payment and accounting services platform, announced on Thursday it raised $25 million through its Series B financing round, which was led by MissionOG with participation from Renaissance Venture Capital, Detroit Venture Partners, Draper Triangle, and TD Bank Group. Founded in 2015, Autobooks… Read More

March 11, 2021 @ 7:54 am By Samantha Hurst  |  

Payoneer Inc., the global payment and commerce-enabling platform, announced on Wednesday it has joined forces with Mastercard to launch the Payoneer Digital Purchasing Mastercard, which is a tailor-made purchase card specifically for small to mid-sized businesses, eCommerce sellers, and freelancers worldwide. Payoneer reported that through… Read More

March 11, 2021 @ 7:32 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has reported reaching profitability as it returns a record start to the year. The Fintech business lender has reportedly started the year off with a considerable increase in lending volumes. MarketFinance has disbursed… Read More

March 9, 2021 @ 10:51 pm By Omar Faridi  |  

Fintech Unicorn Brex has announced the launch of its Instant Payouts feature, which is now available for sellers on Shopify, enabling them to instantly access payouts, earn cash back, and “free up cash flow so they can scale their businesses faster.” Last Fall, Brex introduced… Read More

March 9, 2021 @ 11:11 am By Samantha Hurst  |  

    Global payments platform Veem announced on Tuesday the launch of Veem Local, which is a new product package offering that provides a no-fee domestic payment product, including ACH and check payment options for small businesses. Veem reported that its latest product release puts… Read More

March 8, 2021 @ 10:59 pm By Omar Faridi  |  

Fintech industry experts from Qatar and Bangladesh recently talked about potential opportunities in the financial services sector during a webinar.  Bangladesh Forum Qatar (BFQ) had organized the webinar on “An Exploration of the Qatar – Bangladesh Startup and Fintech Opportunities” along with assistance from the… Read More