SME

50 articles tagged with this keyword

/payments

Mastercard partners with Nuclei to launch business subscription management tool in EEMEA

Companies using Mastercard Business cards in the Eastern Europe, Middle East and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs.

/crime

Mulberri and Acronis partner for US SMB cyber insurance

Mulberri, an AI-driven insurance platform, today announced it has partnered with Acronis, a global leader in cyber protection, to embed Mulberri’s Cyber Insurance to Acronis small & medium-sized businesses customers based in the US.

/payments

Satago partners with mmob on embedded finance proposition

Today, Satago, a leading fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.

/sustainable

Maybank collaborates with Doxa

Maybank announces an MOU signed with Singapore-headquartered fintech, Doxa Holdings International (Doxa), to collaborate on providing and elevating supply chain financing (SCF) solutions for market players in the building and construction sector, and later expanding into other industries.

/payments

SumUp launches early payouts in UK

Global fintech SumUp has launched 7AM payouts in the UK, a first-of-its-kind feature, giving merchants near-instant access to their money. As the UK cost of living crisis persists, SumUp has responded by working with merchants to ensure they get their money faster, to help manage cash flow and keep up with expenses.

/wholesale

LATAM fintech Clara raises $60m

Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD ​ in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.

/wholesale

European Investment Bank and illimity agree €200 million funding package for SMEs

The European Investment Bank (the “EIB”) and illimity Bank S.p.A. (“illimity” or the “Bank”) have finalized an agreement worth 200 million euro aimed at supporting the working capital and liquidity needs of SMEs, with specific emphasis being given to sustainable investments and businesses operating in the Cohesion Regions.

/wholesale

Moni unveils new community-powered business loans for African SMEs

Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range of business loans that enables market traders, spare part dealers, textile traders and other small business owners in Africa to take advantage of the power of their communities to access the working capital they need to run and scale their businesses.

/people

Channel Capital advances fintech strategy with new head of investor relations

Channel Capital Advisors LLP (Channel) has appointed Bhoomika Kesaria as its new head of investor relations.

/retail

Starling launches Bulk Payments feature for small businesses

Starling Bank’s business banking customers can now make Bulk Payments to multiple recipients. The new subscription service can be used to help support payroll, reimburse staff expenses or pay suppliers, all at the same time.

/startups

Paysend launches UK store for SMEs

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Paysend Store for UK merchants.

/payments

Vyne and Wix partner to streamline merchant payments

Vyne, the specialist pay with bank account-to-account (A2A) payments platform, today launches its SME proposition via a new partnership with Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence. The partnership will give Wix’s UK based merchants access to Vyne’s open banking payments infrastructure, enabling them to offer their customers the ability to pay directly from their mobile banking app.

/payments

Aussie payments provider Pin Payments expands to New Zealand

Australia’s online payments provider Pin Payments has recently expanded its offering to New Zealand.

/retail

Virgin Money and Superscript partner up to provide insurance to SMEs

Virgin Money, the high-street bank, is partnering with Superscript, the insurtech scale-up, to provide its business banking customers with customisable, flexible, subscription-based business insurance.

/payments

Mastercard reveals two in five SMEs worry they'll never hit pre-pandemic revenue

Data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (44%) global small and medium sized businesses (SMEs) fear they will never achieve the same revenue levels as before the pandemic, although online business and international sales offer a real lifeline.

/wholesale

Experian to acquire majority stake in Brazil based Mova for $7.9mn

Experian Plc, the global information services company, has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A. (‘MOVA’), a leading fintech in Brazil that helps equip any company, including non-banks, with the expertise and technology to perform data-driven credit assessments of their SME end-clients.

/wholesale

Icici Bank launches digital ecosystem forr SMEs

ICICI Bank today announced that it has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, including customers of other banks.

/people

Funding Options appoints Malcolm Leach as CTO

Digital finance platform Funding Options has appointed Malcolm Leach to its management team as CTO, continuing its mission to bridge the SME funding gap by providing businesses with the best finance options on the market, at speed and powered by technology.

/wholesale

SME Finance ships AI-powered revenue-based financing product

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, has launched Smart Loan — a revenue-based financing solution offering a fairer, faster AI-powered service for startups and SMEs, including e-commerce sites, seeking unsecured lending up to €50,000.

/wholesale

Wells Fargo unveils Small Business Resource Navigator

Today, Wells Fargo announces the Small Business Resource Navigator, an online portal helping connect small business owners to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country.