PYMNTS-MonitorEdge-May-2024

SMB lending

OneConnect Wields Government Data For SMB Lending
OneConnect Wields Government Data For SMB Lending
January 06, 2020  |  B2B Payments

Chinese firm OneConnect, a blockchain-based small business (SMB) lending platform owned by insurance giant Ping An, has launched a new portal to facilitate SMB lending...

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Community Banks Embrace Faster Payments’ Competitive Edge
Community Banks Embrace Faster Payments’ Competitive Edge
January 06, 2020  |  B2B Payments

Community banks are pushing for a stronger role with their small business (SMB) customers. Yet, the broader perception of smaller financial institutions (FIs) in the...

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UK SMB Lending Challenger B-North Raises $2.6M
UK SMB Lending Challenger B-North Raises $2.6M
January 02, 2020  |  B2B Payments

U.K. startup B-North has raised £2 million (€2.34 million or $2.6 million USD) from existing and new investors through equity crowdfunding platforms Crowdcube and GrowthFunders, according to...

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Saudi Startup Lendo Helps SMBs With Invoices
Saudi Startup Lendo Helps SMBs With Invoices
December 18, 2019  |  B2B Payments

Lendo, a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid...

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Revenue-Based Financing Challenges The Bank Loan Status Quo
Revenue-Based Financing Challenges The Bank Loan Status Quo
December 13, 2019  |  B2B Payments

Traditional bank loans remain the undisputed leader in small business lending. Fueled further in the U.K. by regulatory initiatives (designed to spur competition in small...

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Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target
Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target
December 09, 2019  |  B2B Payments

London’s digital bank startup Starling Bank has loaned just 1 percent of the amount it has pledged to give to small and medium-sized businesses (SMB)...

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UK Finance Solution Provider 1pm Opens New Facilities
UK Finance Solution Provider 1pm Opens New Facilities
November 26, 2019  |  B2B Payments

The U.K.-based independent finance provider 1pm is opening new facilities for the group’s loan division to enable it to better serve small and medium-sized businesses...

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Banking Circle Broadens SMB Lending Reach With Cardstream
Banking Circle Broadens SMB Lending Reach With Cardstream
November 21, 2019  |  B2B Payments

Banking Circle, a company that provides global B2B payment solutions, is collaborating with payment processing company Cardstream to deploy a small business lending solution. In...

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Payro Debuts Payroll Financing For SMB Owners
Payro Debuts Payroll Financing For SMB Owners
November 14, 2019  |  B2B Payments

Payro Finance is launching its payroll financing offering for small and medium-sized business (SMB) owners. In a press release on Thursday (Nov. 14), Payro, which...

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