Smes/page/2 news and trends

Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
Investments // September 03, 2024

Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the company attractive to investors, including the rapidly-growing small and medium-sized enterprise (SME) segment in the...

Mamo Raises $4.3 Million for UAE Small Business Financing
Fintech Investments // July 28, 2024

Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). “Mamo’s mission is to empower...

Clearco and Boundless Team to Expand Working Capital for eCommerce Merchants
eCommerce // July 16, 2024

eCommerce invoice funding firm Clearco has teamed with small-business-focused capital marketplace Boundless. The partnership, announced Tuesday (July 16), is designed to provide working capital to eCommerce brands, with Clearco offering businesses outside their core target direct access to Boundless’ marketplace, and Boundless connecting eCommerce brands...

Decipher Credit Launches SMB Lending Partnership With Validis
SMBs // April 22, 2024

Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable data in real-time, letting small- to medium-sized businesses (SMBs) go from “application to automated spreading” in seconds, the companies said...

Interviews & Exclusives
U.S. Legislators Aim For Faster Construction Company Payments

July 05, 2017
Legislators in markets like the U.K. and Australia have begun to publicly combat late supplier payments to SMEs, but efforts in the U.S. have been far less vocal. But a new bill in the U.S. House of Representatives may get the discussion going around late invoice payments and SME cash flow management struggles. The Small Business […]

India’s Grand (De) Monetization Experiment

July 04, 2017
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push toward digital payments has had effects both positive...

Quick Reads
Monzo Business Customer Base Exceeds 500K

October 16, 2024
British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan for “bigger small businesses” called Team, designed to give business owners more control over their financial management with less expense administration.  TS Anil, Monzo’s CEO, said in a news release […]

Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows

September 03, 2024
Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the...

Mamo Raises $4.3 Million for UAE Small Business Financing

July 28, 2024
Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small...

Clearco and Boundless Team to Expand Working Capital for eCommerce Merchants

July 16, 2024
eCommerce invoice funding firm Clearco has teamed with small-business-focused capital marketplace Boundless. The partnership, announced Tuesday (July 16), is designed to provide working capital to eCommerce brands, with Clearco offering...