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.

Numarics Raises €10.2 Million to Offer Small Businesses All-in-One Digital CFO Solution
Numarics Raises €10.2 Million to Offer Small Businesses All-in-One Digital CFO Solution
July 06, 2023  |  Back-office

Swiss FinTech startup Numarics has raised €10 million ($10.9 million) in a seed funding round, offering small and medium-sized businesses (SMBs) a digital CFO solution...

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Afreximbank and Fiducia Partner on Supply Chain Finance in Africa
Afreximbank and Fiducia Partner on Supply Chain Finance in Africa
July 06, 2023  |  Partnerships

Afreximbank and Fiducia have partnered to address the “supply chain finance gap” in Africa. The bank and the supply chain financing firm have formed a strategic partnership in which Afreximbank...

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IFC and Thai Credit Partner to Help Small Businesses
IFC and Thai Credit Partner to Help Small Businesses
July 05, 2023  |  Partnerships

International Finance Corporation (IFC) and Thai Credit Retail Bank have partnered to help small businesses in Thailand. As a global development institution that is a member of...

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Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
July 05, 2023  |  Investments

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. The company took in $27 million in its first funding round,...

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NorthOne Integrates With Plaid for Enhanced Cash Flow Controls
NorthOne Integrates With Plaid for Enhanced Cash Flow Controls
July 05, 2023  |  Partnerships

Business banking app NorthOne has integrated with Plaid to provide customers with better cash flow controls. The integration lets small businesses that use NorthOne link their financial accounts through Plaid for...

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PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
July 05, 2023  |  Spend Management

Businesses have turned to a number of potential solutions to address cash flow. In the United States, 60% of small to midsized businesses (SMBs) in...

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ReturnQueen Founders Are on a Mission to Make Returns a Brand-Building Experience
ReturnQueen Founders Are on a Mission to Make Returns a Brand-Building Experience
July 05, 2023  |  Retail

Returns have long been a cumbersome process for consumers, commonly regarded as a task most of them detest. This intense dislike has gradually permeated through...

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Statement Raises $1.9 Million for Payments Marketplace for Small Businesses
Statement Raises $1.9 Million for Payments Marketplace for Small Businesses
July 03, 2023  |  Investments

Statement has raised 1.5 million pounds (about $1.9 million) for its platform that connects small businesses and payments providers. The pre-seed funding round was led by...

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A Tight Economy Calls for Spend Management Automation
A Tight Economy Calls for Spend Management Automation
June 30, 2023  |  Spend Management

A troubled economy continues to take its toll on small to midsized businesses (SMBs). Just half of small business banking customers are now considered financially...

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