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.

Penta Lands $20M For Corporate Banking Tech

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  |  Economy

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  |  Economy

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  |  Economy

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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Fed Promises Flow Of Credit To Homes And Businesses
Fed Promises Flow Of Credit To Homes And Businesses
March 16, 2020  |  Bank Regulation

The U.S. Federal Reserve has announced that it’s prepared to use its “full range of tools” to help households and businesses and stay on top...

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The Conundrum Of Mixing Tech With Humans In SMB Finance
The Conundrum Of Mixing Tech With Humans In SMB Finance
March 16, 2020  |  B2B Payments

The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. Get the Full Story Complete the form to...

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