SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.

iwoca Debuts OpenLending Platform For Banks, FinTechs

iwoca Debuts OpenLending Platform For Banks, FinTechs
iwoca Debuts OpenLending Platform For Banks, FinTechs
March 18, 2020  |  B2B Payments

One of the largest business lenders in Europe, iwoca, has announced a new platform called OpenLending that can bring together both FinTechs and banks and...

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In Australia, i2c Teams With Archa On SMB Solutions
In Australia, i2c Teams With Archa On SMB Solutions
March 18, 2020  |  Partnerships / Acquisitions

Global payment and open banking technology company i2c has teamed up with corporate card provider Archa on a corporate credit program aimed at small- and...

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Tackling The Coronavirus Impact On SMBs And Individuals
Tackling The Coronavirus Impact On SMBs And Individuals
March 18, 2020  |  Today In Data

 Companies are working to help restaurants and individuals impacted by the coronavirus. Kroger and the Zero Hunger | Zero Waste Foundation announced a commitment to deploy hunger relief resources,...

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Penta Lands $20M For Corporate Banking Tech
Penta Lands $20M For Corporate Banking Tech
March 17, 2020  |  B2B Payments

Germany’s Penta, which works in banking for small- to medium-sized businesses (SMBs), has completed a 18.5-million-euro ($20.4 million) funding round, according to a TechCrunch report....

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Monzo’s Business Banking Account Offering Goes Live
Monzo’s Business Banking Account Offering Goes Live
March 17, 2020  |  B2B Payments

U.K. challenger bank Monzo has launched business bank accounts this week after a year-long trial period in which 2,500 customers got early access, according to a...

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Facebook Funds $100M In Grants For SMBs Hurt By Coronavirus
Facebook Funds $100M In Grants For SMBs Hurt By Coronavirus
March 17, 2020  |  Coronavirus

Facebook wants to help small and medium-sized businesses (SMBs) survive the coronavirus pandemic, and is offering $100 million in grants to 30,000 companies in over...

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Easing Recurring Collections For Tech-Averse SMBs
Easing Recurring Collections For Tech-Averse SMBs
March 17, 2020  |  B2B Payments

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated,...

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As SMBs Grapple With Virus, No Assurance From Insurance
As SMBs Grapple With Virus, No Assurance From Insurance
March 17, 2020  |  Coronavirus

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a...

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Kenya Prioritizes M-Pesa Digital Money During Coronavirus Scare
Kenya Prioritizes M-Pesa Digital Money During Coronavirus Scare
March 16, 2020  |  Coronavirus

Safaricom, the largest telecom company in Kenya, said that it was going to waive fees for M-Pesa, the country’s largest digital money service, to help...

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