SMBs

SMBs
Intuit Launches Financial Management Tool for One-Person Businesses
February 21, 2024

Intuit has unveiled a new financial tool called QuickBooks Solopreneur, tailored specifically for one-person businesses. This product offers intuitive features to help these entrepreneurs manage their finances, set goals and stay tax-ready, the global financial technology platform said in a Wednesday (Feb. 21) press release. “QuickBooks Solopreneur is...

SMBs
BankiFi Partners With Praetura to Expand Small Business Funding Access in UK
February 21, 2024

FinTech BankiFi has partnered with financier Praetura to develop a lending-as-a-service solution for small to medium-sized enterprises (SMEs) in the U.K. The platform is specifically designed to help SMEs access growth funding, even if they do not meet the requirements of traditional banks, according to a Wednesday (Feb....

SMBs
Fiserv and Genesis Bank Provide POS Technology to Small Businesses
February 20, 2024

Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local communities by providing customized access to Clover from Fiserv, the company said in a Tuesday (Feb. 20) news...

SMBs
Coris Raises $3.7 Million, Adds 2 New Risk Management Products
February 01, 2024

Risk management platform provider Coris has raised $3.7 million in its first funding round. The company has also introduced two new products — a fraud model and a know-your-business (KYB) offering — that it will offer alongside its centralized risk management platform, Coris said in a Thursday...

SMBs
The Smaller the Business, the Less Interested They Seem in Using Credit — Why?
January 31, 2024

Flexible and accessible borrowing tools are a financial cornerstone for many small to mid-sized businesses (SMBs). PYMNTS Intelligence’s latest study finds that 90% of SMBs have used at least one type of borrowing tool in the past year. Approximately three-fourths of SMBs are using revolving...

SMBs
Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
January 30, 2024

Canadian FinTech company Nuvei launched its first integration into Microsoft Dynamics 365 Business Central. The integration will enable small- to medium-sized businesses (SMBs) to incorporate various payment methods into their existing enterprise resource planning (ERP) modules, the companies said in a Tuesday (Jan. 30) press...

SMBs
Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
January 25, 2024

Small- to medium-sized businesses (SMBs) are increasingly facing challenges in accessing the credit they need to run and grow their operations. As rising costs and inflation take a toll, many are turning to external financing options. However, despite the availability of various financing options, a...

SMBs
Nav Launches Service for Small Businesses Rejected for Financing
January 17, 2024

Nav has launched a “next best option” service for small businesses that have been rejected for a credit card or loan. A new addition to Nav’s financial health platform for small businesses, this service aims to provide transparency and guidance for these small businesses that are...

SMBs
AI Poised to Drive Small Business Lending Decisions
January 17, 2024

Small- to medium-sized businesses (SMBs) are, by definition, firms with the most potential to grow. But, somewhat counterintuitively, SMBs also represent a category most likely to suffer from a lack of financial inclusion within the broader landscape. This leaves them shut out from the lending,...