SME

54 articles tagged with this keyword

/startups

Nigerian SME finance startup Payhippo closes $3 million seed funding

Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, announced today that it raised $3 million in seed funding.

/SME

Cross River Bank acquires small business software provider Betterfin

Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced the acquisition of Betterfin, a transformative financial platform that enables small business owners to access a wide range of financial products and solutions, capital markets data, and manage their own lending and cash flow processes.

/wholesale

Cambodia's Hattha Bank selects Temenos to speed up lending to SMEs

Temenos (SIX: TEMN), the banking software company, today announced that Cambodian Hattha Bank has selected Temenos Infinity to power the launch of its SME banking business.

/wholesale

Capital on Tap secures £450 million funding facility

Capital on Tap, a UK based fintech, has secured a £450m funding facility with Atalaya Capital Management, BNP Paribas, and HSBC to support their continued UK growth.

/retail

Novo opens app marketplace

Novo, the powerfully simple small business banking platform, today launched the Novo App Marketplace to help small businesses seamlessly tailor their banking platform and increase visibility into their business finances and cashflow.

/sustainable

Funding Options leads call for government-discounted green loans to helps SMEs to Net Zero

With environmental summit COP26 opening in Glasgow on 31 October, a group of financial services providers and small business leaders are lobbying the government to adopt proposals designed to reduce the carbon footprint of UK SMEs and make the nation a world leader in green finance.

/startups

Nigerian fntech Brass secures $1.7mn financing round

Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses.

/wholesale

Codat, Cashplus and Swoop share $12.5 million award from Banking Competition Remedies Board

The Board of Banking Competition Remedies Ltd (BCR) today announces the results of the Capability and Innovation Fund Pool F grant process.

/wholesale

Intuit introduces Money by QuickBooks

Intuit (Nasdaq: INTU) today announced Money by QuickBooks, the latest addition to a comprehensive and ever-expanding suite of QuickBooks offerings that power small businesses with the ability to get paid and manage their cash flow.

/wholesale

Asante closes first tranche of $7.5m Series A funding to bridge the gap in MSME lending in Africa

Asante Financial Services Group (“Asante”) announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings.

/security

ASTRI applies privacy-preserving 'Federated Learning' technology for credit scoring of MSMEs

The Hong Kong Applied Science and Technology Research Institute (ASTRI) joins forces with tech-embracing companies to leverage a privacy-preserving technology, called “Federated Learning”, to develop artificial intelligence (AI) models and output in the form of encrypted parameters that serve as a reference for financial institutions to conduct comprehensive credit analyses for micro, small and medium-sized enterprises (MSMEs) to help them get access to financing.

/startups

Dutch digital bank Fibr launches to power SME lending across Europe

FIBR, the connected digital bank, has launched with the sole focus of servicing European SMEs, through combining the stability of a bank with the agility and technology of a fintech.

/payments

Mastercard partners with Digital PayGo to drive secure payments for SMEs in Zambia

Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises (SMEs) to safely make and receive digital payments through various online channels.

/SME

Cashplus and Aldermore team on seamless savings account for SME

Aldermore Bank and Cashplus Bank have today announced an exclusive partnership which delivers an easy to manage business savings solution for time-poor SMEs with returns 50 times that of those offered by the largest high street banks.