Small- to medium-sized businesses (SMBs) represent a puzzle that banks have long struggled to solve. SMBs need fast, flexible and digital-first solutions that help rather than hinder growth. However, their needs have been traditionally underserved by banking incumbents who view them as too small to...
With the news that inflation climbed upward last month, many small- to medium-sized businesses (SMBs) may find themselves walking a tightrope with even fewer safety nets in place than normal. In the best of times, most SMBs enjoy access to a variety of borrowing tools; however,...
Tide will launch its business financial platform in Germany, aiming to serve small businesses in Europe’s largest economy. Already available in the United Kingdom and India, the platform provides connected finance and admin solutions designed for small businesses that don’t have a finance function, the...
The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness on the part of lenders. The impact will hinder the ability of small businesses to capitalize on growth opportunities or...
Pocketbook has selected Grasshopper to provide its small- to medium-sized business (SMB) customers with white-labeled, FDIC-insured commercial checking accounts. The rollout of the products offered by this new partnership was also facilitated by Treasury Prime, the companies said in a Tuesday (March 5) press release. “Pocketbook exists to serve...
Nav has partnered with Fundbox to ease the way for small and medium-sized businesses (SMBs) to access capital. This collaboration aims to help SMBs navigate financial procurement with greater assurance and less hassle, the companies said in a Tuesday (March 5) press release. Nav is a platform for...
BILL is adding new cash flow forecasting and insights capabilities to its financial operations platform for small- to medium-sized businesses (SMBs). These predictive cash flow tools are designed to provide SMBs and their accountants with information that will help them make better business decisions, faster,...
Fundica, a North American funding search engine, has teamed up with Visa to help traditionally underserved small business communities access additional sources of working capital. Together, Fundica and Visa aim to democratize access to government funding, the companies said in a Monday (March 4) press release. ...
Business finance platform multifi has launched 120-day payment terms available to small and medium-sized businesses (SMBs) in the United Kingdom. The official launch of this offering follows a broker pilot program, the company said in a Thursday (Feb. 29) press release emailed to PYMNTS. “We are thrilled...
