Nakad, the supply chain financing provider, has raised $7 million as part of its seed funding round, Economic Times of India reported. According to the company, the new funds will be used for scaling its presence and boosting its employee head count, adding people in...
There are a few ways in which small- and midsized businesses can do battle against inflation. Increase the prices they charge for goods and services, of course. And/or try to stem the higher wages that must be paid in order to keep staff in place. The...
FinTech company Nuula, which provides small businesses with tools and capital, will partner with Mulligan Funding to offer term loans up to $2 million through its app, a press release said Tuesday (May 24). Nuula’s Term Loan feature will let small business owners access financing...
London FinTech startup Previse closed the first phase of its Series B funding round, with $18 million earmarked to expand its offering of working capital finance solutions for small- and medium-sized businesses (SMBs). The funding round was led by Tencent, with participation from existing investors,...
Digital wallets, including PayPal, Apple Pay and Google Pay, have grown in popularity in recent years and can be an important payment feature for global small- to medium-sized businesses (SMBs) to provide to their consumers. Read the report: 2022 Global Digital Shopping Index – SMB...
When shopping with small- to medium-sized businesses (SMBs), the shopping features consumers care about most are rewards programs and the ability to use their preferred payment method. Double-digit shares of SMB customers cited those shopping features as the most important for businesses to offer, with...
London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125 million) lending effort for small- to medium-sized businesses (SMBs), according to a Thursday (May 19) press release. Lending to U.K....
Small- to medium-sized businesses (SMBs) keep pulling through the pandemic heroically and taking digital steps to improve many aspects of their operation, but the back office remains an issue. Surveying 500 SMBs in the consumer goods, manufacturing, eCommerce, retail, wholesale trade or transportation, logistics and...
Three types of Main Street small and medium-sized businesses (SMBs) that were among those most affected by the pandemic have also seen the swiftest recovery over the past year from their pandemic low points. In terms of their year-over-year Main Street Index score variations as...
