A partnership of open banking network Plaid and embedded financing platform YouLend boosted the availability of capital to small- to medium-sized businesses (SMBs) in Europe. Together the two companies have delivered a financing process that is almost three times faster than that of traditional lenders...
Global financial technology platform Intuit has unveiled a range of new innovations that aim to empower accountants and small businesses through its QuickBooks online ecosystem. One of the major announcements at the company’s QuickBooks Connect conference was the introduction of QuickBooks Ledger, Intuit said in a Tuesday (Nov. 14)...
Whether it’s driving innovation or creating employment opportunities, small and medium-sized businesses (SMBs) play a vital role in the economy. However, one significant hurdle stands in their way — access to credit. SMBs are grappling with the challenge of securing the financing necessary to survive,...
Stockholm-based FinTech company Froda and Copenhagen-based Ageras are partnering to provide small- to medium-sized businesses (SMBs) across Europe with better access to financing. Through Froda Emedded, the companies aim to provide faster and more accessible financing, Froda said in a Tuesday (Nov. 7) press release on MyNewsDesk. The partnership between Froda...
Consumer financing company Synchrony launched a digital learning platform for small businesses. The Synchrony Small Business Learning Center aims to help the company’s small- to medium-sized business (SMB) partners and wellness providers enhance the ways in which they operate and grow their businesses, according to...
Access to credit is a significant challenge for many small and midsized businesses (SMBs), leaving them vulnerable to closure. According to recent data, only 47% of SMBs generating annual revenues of $10 million or less had access to business or personal financing as of July...
Mastercard and EedenBull, a FinTech focused on digital payment management solutions, teamed up to introduce a card and spend management solution for small- to medium-sized businesses (SMBs) in the Asia-Pacific (APAC) region. The Q Business platform, a digital solution aimed at optimizing operational spend, will...
Intuit has added new eCommerce management features to its QuickBooks Online accounting software. These innovations aim to help small businesses manage their inventory across multiple sales channels from a centralized platform, the company said in a Wednesday (Nov. 1) press release. For product-based businesses, tracking inventory...
It is becoming more expensive and complex for companies to operate globally, and firms need better access to money to keep their businesses afloat. Inflation remains high and persistent worldwide, with a deeper impact on regions like Latin America and the Caribbean (LAC). Against this...
