B2B payments and financing platform Grapple and bookkeeping firm My Accounts and have formed a partnership to help small- to medium-sized businesses (SMBs) apply for funding. The two Sydney, Australia-based companies are teaming up at a time when inadequate cash flow and high cash use...
A new grant program offered by PayPal will provide financial and mentorship support to 20 new and existing Venmo Business Profile users. Each of the 20 businesses selected will receive a $10,000 grant that can be used for any business expenses including rent, marketing, and technology, according to...
The Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee will be looking into liquidity challenges for investors of newer businesses, a press release said Wednesday (July 27). The agency released the agenda for the virtual meeting Aug. 2. The committee gives advice...
Keeping payments flowing smoothly can be complex when making business-to-business (B2B) transactions. One reason is that a mismatch exists between how payers and suppliers want to make and receive payments. Half of small- to medium-sized businesses (SMBs) would prefer to receive payments either via real-time...
Facebook parent Meta is launching Small Business Studios, an initiative designed to support small businesses with virtual and in-person programs. The initiative will include an online hub for training, workshops and “creative inspiration,” as well as a five-city United States tour for in-person training, networking...
British embedded banking FinTech firm BankiFi has landed in North America with the debut of BankiFi Americas, a move that supports the digitization and payment modernization requirements of small- to medium-sized businesses (SMBs). BankiFi’s open cash management platform and architecture allow financial institutions (FIs) to...
Global FinTech firm Triterras is partnering with digital lower trade, groceries and HoReCa marketplace platform Conektr to give micro- and small retailers increased access to working capital across the United Arab Emirates through the inventory management tool on the Conektr app. Through the Triterras’ Invoice...
We learned how resilient small and medium-sized businesses (SMBs) were during the pandemic, but their optimism is waning right now as inflation and recessionary clouds gather, a situation that worsened with today’s news that the Consumer Price Index (CPI) rose to a stunning 9.1% in...
Cloud-based digital banking firm Alkami will be teaming with upSWOT, a FinTech offering mobile banking solutions, to connect apps for data analysis and insight, which a press release on Tuesday (July 12) said would boost financial health for clients. The addition of upSWOT will help...
