SME lending

PeopleFund Notches $11M In Series B Round
PeopleFund Notches $11M In Series B Round
November 02, 2018  |  Investments

In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started...

READ MORE >
PayMate CEO On India’s SME Lending Watershed Moment
PayMate CEO On India’s SME Lending Watershed Moment
May 17, 2018  |  South Asia

The SME segment in India has been a consistent bright spot and engine for growth over the last several years. According to government numbers, the...

READ MORE >
National Australia Bank Builds SME Lending Features
National Australia Bank Builds SME Lending Features
August 01, 2017  |  B2B Payments

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME...

READ MORE >
Small Business, Big Banking Not A Winning Combo, Survey Finds
Small Business, Big Banking Not A Winning Combo, Survey Finds
July 31, 2017  |  B2B Payments

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for...

READ MORE >
Lawmaker Queries Alt-Lenders With Concerns Over ‘Trapped’ Small Biz Borrowers
Lawmaker Queries Alt-Lenders With Concerns Over ‘Trapped’ Small Biz Borrowers
July 28, 2017  |  B2B Payments

One U.S. lawmaker has begun to inquire about SMB alternative lending practices, according to JD Supra news reports. Rep. Emanuel Cleaver II (D-Mo.) has reportedly sent letters...

READ MORE >
CircleUp Adds Lines Of Credit To Equity Finance Platform
CircleUp Adds Lines Of Credit To Equity Finance Platform
July 27, 2017  |  B2B Payments

CircleUp is adding a new way to invest in consumer packaged goods (CPG) brands. The crowdfunding platform — which originally launched to link businesses with accredited...

READ MORE >
Indonesian FinTech Launches App For Individual SME Investors
Indonesian FinTech Launches App For Individual SME Investors
July 24, 2017  |  B2B Payments

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates...

READ MORE >
BofA Allows SMEs To Apply For A Loan Through Mobile App
BofA Allows SMEs To Apply For A Loan Through Mobile App
July 21, 2017  |  B2B Payments

Bank of America (BoA) is expanding its mobile service for small- and medium-sized (SME) customers. An announcement by the financial institution (FI) this week said...

READ MORE >
The Lines Are Blurring Between Alternative, Traditional SME Finance
The Lines Are Blurring Between Alternative, Traditional SME Finance
July 19, 2017  |  B2B Payments

Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their...

READ MORE >