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624

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

613

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

776

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

763

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

650

‘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

820

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

658

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

788

Top Business-to-Business Wealth Tech Players

By Julie Muhn for Finovate Blog

If you’ve been following our series on wealth tech, you’ve seen our analysis of the industry as a whole, a review of the top trends, and an examination of B2C wealth tech players. (more…)

About, Financial Markets / Trading, SME

January 21, 2017

530

Corporates need a ‘consumer style’ invoice experience

By Prabhat Vira for PaymentsSource

 Any CFO with a smartphone has grown accustomed to the ways in which fintech has removed the friction from their daily lives.

(more…)

Analytics, Marketing Report, SME

January 21, 2017

754

WEX, OnDeck Double-Team Against SME Funding Gaps

The alternative finance industry may have emerged as competition to the banks, but today, it’s commonplace for traditional FIs to partner with alt-lenders. That partnership trend appears to be permeating other areas of SME financial services, with the latest tie-up to be between OnDeck Capital and WEX. (more…)

Banks, Fintech news, p2p/online lending, SME

January 18, 2017

540

Thiel backs French biz banking startup Qonto

By Finextra

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch. (more…)

Fintech news, Mobile payments/banking, SME

January 17, 2017

640

Banks will suffer for using consumer platforms for small biz bill pay

By Sanjeev Kriplani for PaymentsSource

For banks that serve small and medium-sized businesses, the opportunity is especially great. But to realize it, banks must deploy easy to use, SMB-specific, mobile-friendly business banking experiences – an undertaking that’s not as simple as it may seem.

(more…)

Analytics, Banks, Mobile payments/banking, SME

January 13, 2017

881

617

Alternative, Traditional SME Finance Spheres See Growth

The past few years have seen some of the largest changes in the history of small business lending, and that evolution hasn’t been stifled by borders. Across the globe this week, new small business lenders emerged, new data on SME lending rates surfaced and new initiatives to provide small business with access to capital launched — in both the traditional and alternative spheres. (more…)

Analytics, Fintech news, Global trends, p2p/online lending, SME

January 9, 2017

734

How Mobile Banking Wins the Loyalty of Small Businesses

By LTP

Personal mobile banking has already created a stir, reaching 43% of active users in 2015 (FED). While customers have warmly welcomed this new convenient way of handling daily banking operations, little emphasis is actually made on small businesses. It seems the mobile revolution has yet to reach this market segment. (more…)

About, Global trends, SME

January 8, 2017

1161

Alternative SME Finance Just Might Survive In 2017

Earlier this month, marketplace lending site Biz2Credit released the findings of its most recent small business lending index. The data revealed that SME loan approval rates at big banks were at an all-time high, hitting 23.7 percent in November. Small banks saw their loan approval rates tick up, too, to 48.8 percent. Meanwhile, approval rates among alternative lenders sunk down, a finding that Biz2Credit CEO Rohit Arora said could be a sign of negative times ahead. (more…)

Fintech news, p2p/online lending, SME

December 28, 2016

990

PaidUp helps Philippine SMEs crowdfund working capital from customers

By Sainul Abudheen K for e27

PaidUp is the story of a journalist who came to the Philippines to do a feature on social entrepreneurs; Eventually, he became an entrepreneur himself (more…)

Fintech news, Mobile payments/banking, Pre-order services, SME

December 28, 2016

Appetize Raises over $20m in Funding

By FinSMEs

appetize

Appetize, a Playa Vista, California-based point-of-sale platform, raised over $20m in funding.

The round was led by Shamrock Capital Advisors with participation from Oak View Group and current investors. In conjunction with the funding, Andy Howard and Alan Resnikoff of Shamrock Partners joined Appetize’s board while Oak View Group’s Tim Leiweke will become a board observer. (more…)

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

December 21, 2016

601

Lloyds partners startups peddling bill payments tech and AI virtual assistants

By Finextra

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year’s Startupbootcamp demo day in London. (more…)

Accelerators/Incubators/Labs, AI / Machine Learning / Big Data, Banks, Bots, Deals, PFM/PFP services, SME

December 20, 2016

551

Unsung hero: the bootstrapped startup that forearmed its users against a cash famine

By  for TechInAsia

Some 200 households in the residential societies along the Baner-Pashan link road in Pune, near Mumbai, have been spared the pain of the sudden cash famine in India. (more…)

About, Fintech news, India, p2p/online lending, SME

December 20, 2016

1012

9 Fintech Solutions For SMEs In Singapore

By

For small and medium-sized enterprises (SMEs), dealing with their finances and ensuring appropriate funding can be a real struggle. The reasons are manifold: finances of SMEs are characterized by high complexity, yet are low scale. (more…)

Crowdfunding/investing, Fintech news, p2p/online lending, Payment processors/providers/gateways, Singapore, SME

December 20, 2016

535

Price f(x) raises €4M Series A for pricing optimization SaaS

By  for TechCrunch

Price f(x), a pricing optimization SaaS, has raised €4 million in Series A funding. Leading the round is Prague-based Credo Ventures, and London-based Talis Capital. Noteworthy, this is the first outside funding the European startup has taken since it was founded six years ago and despite being profitable for the last three of those. (more…)

Deals, Fintech news, SME

December 20, 2016

566

Online lender BlueVine closes $49m Series D round

By Finextra

BlueVine, a leading online provider of everyday financing to small businesses, announced today it has closed $49 million in funding. (more…)

Deals, Fintech news, p2p/online lending, SME

December 15, 2016

469

Indifi Technologies, an Indian startup that helps SMEs get loans, raises US$10 million Series B

By Kevin McSpadden for e27

Indifi Technologies, a Gurgaon-based fintech startup that leverages technology to simplify the small business loan process, announced today it has raised a US$10 million Series B led by Omidyar Network. (more…)

Deals, Fintech news, p2p/online lending, SME

December 15, 2016

FinTech Startup Symend Closes $1M Seed Funding Round

symend

By FinSMEs

Symend Inc., a Calgary, AB, Canada-based fintech startup, raised $1m in seed funding.

Backers included unnamed business angels. (more…)

Deals, Fintech news, Security, SME

December 10, 2016

918

Ring out the old, ring in the new

By Finextra

Sophie Guibaud, VP of European expansion at Fidor Bank looks back at the key banking tech trends of 2016 and what we can expect to rise to the top in the year ahead. (more…)

About, AI / Machine Learning / Big Data, Banks, Bots, Fintech news, Security, SME

December 9, 2016

507

Decentralized Marketplace OpenBazaar to Release Version 2.0

By

OpenBazaar, a decentralized peer-to-peer e-commerce portal for goods and service trading using Bitcoin, will soon release an updated version 2.0 that further improve users’ privacy and security on the internet. (more…)

Cryptocurrencies, Fintech news, SME

December 8, 2016

751

MasterCard to roll out pay-by-instalments in UK with Verifone

By Finextra

Mastercard today announced an important partnership with Verifone (NYSE: PAY), a global leader in payments and commerce solutions, to roll out a new instalment pay application at retailers across the UK. (more…)

Fintech news, POS/mPOS and online acquiring, SME

December 1, 2016