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SME
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331

At $3 Billion in Loans, Amazon is Quickly Becoming a Huge SME Lender

By Crowdfund Insider

Amazon (NASDAQ:AMZN) announced today that it had originated over $3 billion in loans to more than 20,000 small businesses since 2011. One billion of those loans came in the past 12 months. Peyush Nahar, VP for Amazon Marketplace, released a statement on the milestone; (more…)

Global trends, p2p/online lending, SME

June 9, 2017

228

Here’s how likely your startup is to get acquired at any stage

By Jason Rowley for Techcrunch.com

Let’s say you randomly selected 1,000 seed-stage startups based in the United States. How many of those would go on to raise a Series A? Of companies that go on to raise a Series A, how many would go on to raise a Series B? You could keep this process going until only a few companies remain. (more…)

Global trends, Hotnews, SME

May 24, 2017

112

CreditHero wants to help fix credit scores for those afraid to even look

By Matthew Lynley for Techcrunch

With apps like Robinhood and services like Wealthfront for investing, and Credit Karma to check your credit score regularly, it might seem like financial services are finally getting more palatable and mainstream. But to Nicole Sanchez, people still need to have decent credit to get to the point where they’ll use those services — and that’s a huge hurdle to cross. (more…)

Credit scoring, SME

May 16, 2017

MarketInvoice Receives £45 Million to Lend from BNI Europe

MarketInvoice, a UK based invoice financing platform, has received a £45 million lending commitment from Portuguese bank BNI Europa. (more…)

Deals, p2p/online lending, SME

May 15, 2017

Tungsten Targets Procure-to-Pay Friction With New Partner

Electronic invoicing company Tungsten has teamed up with the Institute of Finance and Management (IOFM) to help educate its business customers on how to streamline supply chain management. (more…)

p2p/online lending, SME

May 9, 2017

155

Intuit Taps Machine Learning For Freelancer Expense Management

As TechCrunch put it in its Tuesday (May 2) report, expense management for the self-employed “sucks.” (more…)

Fintech news, Global trends, Mobile payments/banking, SME

May 4, 2017

215

Australia Tries Its Hand At E-Invoicing

Electronic invoicing within government entities is a proven way to reduce fraud and wasted federal funds. Research shows countries in South America are leading the charge, while Europe and the United States have lagged behind. (more…)

Global trends, InspirAsia, SME

May 2, 2017

358

PayPal launches Business in a Box service for SMBs

PayPal has unveiled a new service, called Business in a Box, which brings together a host of tools designed to help small firms start and run their online operations. (more…)

Banks, p2p/online lending, SME

May 2, 2017

524

RegTech, AI Fuel Strong B2B FinTech Numbers

BY PYMNTS

Good news emerged from the U.S. venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 billion, found a new report from KPMG. Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. (more…)

Deals, Fintech news, Global trends, SME

April 28, 2017

233

Getting The SME Crowdfunding Model Off The Ground

By PYMNTS

Regulation A+ has made a mostly quiet splash on the market. Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital. (more…)

Crowdfunding/investing, Fintech news, Global trends, Hotnews, p2p/online lending, SME

April 12, 2017

223

Capital Float Tops Up Capital Raise

By PYMNTS,

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 million raise announced Monday (April 10). (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending, SME

April 11, 2017

272

Indonesia’s Pawoon app for small businesses raises series A

By Nadine Freischlad for Tech in Asia, 

Pawoon, one of the point-of-sales startups targeting Indonesia’s millions of small and medium businesses, has raised a series A round of funding. (more…)

Fintech news, POS/mPOS and online acquiring, SME

March 21, 2017

254

Industry 4.0: The Five Steps Towards A Digital Supply Chain

by Stefan Schrauf, Philipp Berttram and Morten Grunwald

If the vision of Industry 4.0 is to be realized, most enterprise processes — manufacturing, product development, customer relations, and the workplace itself — must become fully digitized. A critical element will be the arrival of the digital supply chain. (more…)

Hotnews, SME

March 21, 2017

194

‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders

By PYMNTS

Alternative SME lending platform MarketInvoice has named Giles Andrews as its first chairman, and according to reports, that means Andrews will chair the board of not one, but two alternative lending platforms. (more…)

Fintech news, Hotnews, p2p/online lending, SME

March 21, 2017

316

German fintech software firm Bexio raises €7 million

By TechEU

The German startup Bexio, a provider of cloud-based software for SMEs, has raised €7 million. The funding comes from Swisscom Ventures and existing investors Redalpine Venture Partners AG and Armada Investment AG.  (more…)

Deals, Fintech news, SME

February 23, 2017

431

Capital Float to disburse $746.5m in SME loans in FY18

By DealStreetAsia

SME lending platform, Capital Float, disbursed Rs1,000 crore in loans during the 10 months ended January 2017, and it expects to disburse Rs5,000 crore in the next one year, said top executives of the company. (more…)

Fintech news, India, p2p/online lending, SME

February 21, 2017

332

A Banking Revolution For Small Business – UK’s Nesta Challenges Fin Tech To Step Up To The Plate

By Forbes

Small business banking in the United Kingdom is about to undergo a radical shake-up, driven in part by pressure from the competition regulator. (more…)

About, Banks, Fintech news, Government activities, SME

February 18, 2017

350

Mastercard Partnership Automates AP For UAE Firms

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates, reports said Sunday (Feb. 12). (more…)

Fintech news, Payment systems, SME

February 14, 2017

546

Former DBS bankers back fintech remittance start-up

By The Business Times

FORMER DBS bankers are backing a fintech remittance payments start-up.

Singapore financial technology start-up SingX on Thursday said it has launched a cheaper, faster and more convenient online remittance platform which charges consumers a fraction of what they typically pay for overseas money transfers. (more…)

Fintech news, Remittances, Singapore, SME

February 9, 2017

315

Fundbox Navigates SME FinTech Innovation

Small business finance is one of the most competitive, innovative and challenging markets in which to operate. 2016 was a big year for the industry, with some of the largest names in alternative finance faltering, the industry as a whole taking a wait-and-see approach to regulation and its ongoing expansion as new market entrants continued to filter in. (more…)

Fintech news, p2p/online lending, SME

February 9, 2017

376

Square launches dedicated point-of-sale app and service for retail merchants

By  for VentureBeat

Square has always wanted to be a part of the success of small businesses, but as a growing public company, it needs to develop products that will cater to bigger clients. Today, the commerce company announced it is launching dedicated tools for retailers to help manage inventory in multiple locations and across unlimited employees, all through the Square experience. (more…)

Fintech news, POS/mPOS and online acquiring, SME

February 8, 2017

342

Klarna agrees £60 million deal to acquire Wonga’s BillPay

By Finextra

Fast-growing Swedish payments startup Klarna has acquired Germany’s BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga. (more…)

Deals, Fintech news, p2p/online lending, POS/mPOS and online acquiring, SME

February 6, 2017

430

LendMart Opens For SME Lending Business In Canada

By PYMNTS

A new alternative lending service for SMEs is launching in Canada.

LendMart announced Tuesday (Jan. 31) that it is rolling out its small business financing services in the country to help businesses find a loan from somewhere other than a traditional bank. (more…)

Fintech news, p2p/online lending, SME

February 1, 2017

Spotcap Launches in New Zealand with A$20M from Heartland

By FinSMEs

spotcapBerlin, Germany-based online lender Spotcap is launching New Zealand operations in Auckland and received A$20m in financing. (more…)

Deals, Fintech news, p2p/online lending, SME

January 31, 2017

424

Square to save sellers $350 in processing fees if they use Apple Pay

By  for VentureBeat

Square wants to encourage more usage of Apple Pay, and to do so, it’s cutting some of its fees. The cuts will save businesses up to $350 so they can process more than $12,000 in payments through the mobile payment technology — but only for a limited time. (more…)

Fintech news, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 31, 2017

Currency Capital Receives Growth Capital Investment

By FinSMEs

131Currency Capital, a Los Angeles, CA-based online equipment financing exchange serving owners of small- and medium-sized companies, raised a growth capital funding. 

Lovell Minnick Partners made the investment, which will support Currency Capital’s growth strategies. (more…)

Deals, Fintech news, p2p/online lending, SME

January 31, 2017

408

‘Unified commerce’ can drive user payment experience and merchant sales

By Melissa Gonzalez for PaymentsSource

The payments ecosystem is vast and the complexity is only heightening, but with the right integration of hardware and software solutions providers can empower retailers to not only improve in-store experiences but enhance data collection and the ability to analyze customer behaviors.

(more…)

Analytics, Marketing Report, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 29, 2017

528

Making a Difference with FinTech – Three Examples

By Elena Mesropyan for LTP

There is enough said about the scale of the FinTech industry, its inclusive agenda and massive surrounding ecosystem, but the real value of this industry is not in millions that are moving around in funding, expansion and acquisition deals. The value is measured in micro-processes, in the real, everyday difference FinTech startups make for small businesses and individuals. (more…)

Analytics, Government activities, Mobile payments/banking, p2p-payments, RegTech, SME

January 29, 2017

380

Deeper into China: CoAssets invests US$145K in a Chinese product crowdfunding platform

By Anisa Menur A. Maulani for e27

Australian Stock Exchange (ASX)-listed startup CoAssets today announced that it has made a RMB1 million (US$145,000) strategic investment in Fujian-based crowdfunding startup Da Xian Bing, for 10 per cent of the company, with 60 per cent to be recouped from CoAssets’ joint venture partner Fujian Yaosheng. (more…)

China, Crowdfunding/investing, Deals, Fintech news, SME

January 23, 2017