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Continuity, a company that uses AI to help insurers bolster underwriting for SMEs, has secured $5m from a seed financing raise.
Mastercard has partnered with Digital PayGo to introduce a new mobile payments solution to help Zambian SMEs make and receive digital payments more safely.
Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.
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.
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.
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.
UK FinTech startup Hydr has launched an invoice finance platform focused on tackling ‘poor payment culture’ among SMEs.
Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
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...
Supply Finance, which provides trade finance products to SMEs across Europe, has closed a €4m Series A investment round.
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