Tags SMEs

Tag: SMEs

InsurTech Continuity bags $5m seed to launch AI assistant, expand team

Continuity, a company that uses AI to help insurers bolster underwriting for SMEs, has secured $5m from a seed financing raise.

Mastercard teams with Digital PayGo to support SME payments in Zambia

Mastercard has partnered with Digital PayGo to introduce a new mobile payments solution to help Zambian SMEs make and receive digital payments more safely.

PayTechs replace banks as most important business partners for SMEs

Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.

Two-thirds of European firms feel let down by banking provider during...

A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.

Challenger bank lending continues to climb with 11% uptick in 2020

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

Study finds majority of SMEs want human-digital hybrid banking approach

A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.

Hydr unveils invoice finance platform to aid SMEs with cash flow

UK FinTech startup Hydr has launched an invoice finance platform focused on tackling ‘poor payment culture’ among SMEs.

Goldman Sachs empowers Starling Bank with £50m injection

Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.

UK’s FSB launches campaign to tackle late payments to small businesses

The UK’s Federation of Small Businesses (FSB) has launched a new campaign designed to pressure the government to tackle poor payment practices in the...

Dublin-based Supply Finance closes €4m Series A round

Supply Finance, which provides trade finance products to SMEs across Europe, has closed a €4m Series A investment round.

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