Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements, more widespread automation and an expansion of the number of nonbank lenders that are licensed to issue Small Business Administration...
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers across four markets — Kenya, India, the Philippines and Mexico — are now using the...
In emerging markets, expanding access to financial services for small- to medium-sized businesses (SMBs) is imperative to promoting wider economic growth. FinTech has made significant strides in promoting financial inclusion for SMBs in need of access to capital and supply chain payments technology to optimize...
It’s been nearly a decade since small businesses in Canada have grown as much as they are now, according to the latest data from CIBC Capital Markets. Released Wednesday (April 19), the new research finds 42 percent of job creation was fueled by businesses with...
October 11, 2023
Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India. This collaboration aims to address the challenges faced by small retailers and distributors in the consumer packaged goods (CPG) industry, including supply chain disruptions, payment issues, limited technical skills and lack of […]
July 31, 2023
Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements, more widespread automation and an...
July 20, 2023
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers...
