Tagged: small businesses

Australian Banking Challenger Judo Bank Shares Top Factors SMEs Need their Banking Service Providers to Deliver

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

Lithuania’s Debitum, which Offers Borderless SME Financing, Reveals its Portfolio has Crossed €4M Mark

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

European Fintech iwoca Releases New Index on the SME Lending Landscape

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

Ireland’s P2P Lender Linked Finance Reports Issuing €7M in Loans via Government’s Credit Guarantee Scheme

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

Microfinancing and Microinsurance Platform Aspirasi to Offer Seamless All-Digital Financing Options to Online Consumers

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

Oyster Financial Unveils Instant Credit & Revolving Credit Lines For Mexican Small Businesses

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

Fintech Become, an Online Lending Platform for SMEs, Shares Insights on Customer Satisfaction and Digital Commerce

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

Garanti BBVA Launches Banking Account Aggregation Service For Businesses, SMEs, & Freelancers

  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

Digital Banking Challenger Monzo Celebrates 1 Year of Monzo Business, Plans to Support International Payments

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

Expense Management Fintech Divvy Confirms it Supports Small Businesses with Better Financial Tools and Budget Controls

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

Women Entrepreneurs Reveal how they Launched Small Businesses During Pandemic, Supported by Digital Payments with PayPal

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

Nordea Partners With The European Investment Fund to Introduce Guaranteed Lending Solutions For SMEs

    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

Next Insurance Teams Up With Amazon Business to Provide EligibleSmall Businesses With Affordable Digital Insurance Options

  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

DBS Becomes First Major Asian Bank to Finalize Trade Financing Transaction via AntChain’s Trusple Platform

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

Small Business Payment & Account Service Platform Autobooks Secures $25 Million Through Series B Funding Round Led By MissionOG

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

Following SPAC Announcement, Payoneer Teams Up With Mastercard to Offer Tailor-Made Purchase Card Specifically For Small to Mid-Sized Businesses

Photo courtest velkr0 on Flickr: http://www.flickr.com/photos/velkr0/

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

UK’s Invoice Financing Platform MarketFinance Reports Reaching Profitablity, Kicks Off 2021 with Considerable Increase in Lending

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

Silicon Valley Fintech Brex Launches Instant Payouts Feature, Now Available for Sellers on Shopify and Amazon

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

Veem Lunches Product Package Offering “Veem Local” to Provide No-Fee Domestic Payments For Small Businesses

    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

Fintech Industry Professionals from Qatar and Bangladesh Comment on Latest Initiatives to Support SMEs, Diversify Economies

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

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