Small Business Banking news and trends

Markaaz CEO: SMBs Need a ‘Golden Record’ of Truth to Access Lending

October 10, 2024
trust
Amount: Digital Innovations Provide Right Small Business Products at Right Time
SMBs // October 01, 2024

Small businesses have a big problem: access to capital. And this big problem is an equally big opportunity for the lenders that can get it right. But for decades, banks and credit unions, often entrenched in legacy systems, have struggled to provide the seamless, efficient...

Marqeta Teams With Found to Streamline Expense Management
SMBs // September 26, 2024

Card issuer Marqeta has launched a partnership with small business banking platform Found. The collaboration, announced in a news release Thursday (Sept. 26), offers small- to medium-sized business (SMB) owners and self-employed entrepreneurs access to customized business banking capabilities via Found’s Marqeta-powered commercial card solution....

Marqeta and OakNorth Team to Offer SMBs Commercial Cards
SMBs // April 24, 2024

Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers a better view of the finances, the companies said in a news release Wednesday (April...

Finance Super App, Flex, Aims to Streamline Back Office and Cash Flow
SMBs // September 19, 2023

Zaid Rahman, CEO of Flex, told PYMNTS that the traditional channels through which small businesses manage their finances and their operations leave plenty of room for innovation, and for improvement. Most small to midsize businesses (SMBs) do not have the time or resources or staff...

Interviews & Exclusives
Markaaz CEO: SMBs Need a ‘Golden Record’ of Truth to Access Lending

October 10, 2024
If information is power, the lack of information creates a vacuum, especially in small business banking. As to what’s needed? Call it a single source of truth, a worldwide registry and roster of small business information, some of it self-supplied, that offers a real-time and holistic view of a company’s fortunes and challenges. Markaaz CEO […]

Amount: Digital Innovations Provide Right Small Business Products at Right Time

October 01, 2024
Small businesses have a big problem: access to capital. And this big problem is an equally big opportunity for the lenders that can get it right. But for decades, banks...

Finance Super App, Flex, Aims to Streamline Back Office and Cash Flow

September 19, 2023
Zaid Rahman, CEO of Flex, told PYMNTS that the traditional channels through which small businesses manage their finances and their operations leave plenty of room for innovation, and for improvement....

Credit Unions Mix Personal Service, 24/7 Digital Support to Win Small Business Customers

December 09, 2021
Credit unions (CUs) are well-suited to the unique needs of small businesses which struggle to find the services they need through other financial institutions (FIs), such as small loans with...

Quick Reads
Marqeta Teams With Found to Streamline Expense Management

September 26, 2024
Card issuer Marqeta has launched a partnership with small business banking platform Found. The collaboration, announced in a news release Thursday (Sept. 26), offers small- to medium-sized business (SMB) owners and self-employed entrepreneurs access to customized business banking capabilities via Found’s Marqeta-powered commercial card solution. “The SMB economy is traditionally overlooked by big banks and […]

Marqeta and OakNorth Team to Offer SMBs Commercial Cards

April 24, 2024
Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers...

Tide Raises $54.3M In Funding Round

October 07, 2019
Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). The SBI Group, which...

Bank Of America Rolls Out Digital Tool For Entrepreneurs

February 06, 2019
Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. In a press release, Bank...