Msmes news and trends

Mastercard and Bizom Partner on Supply Chain Financing in India
SMBs // October 11, 2023

Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India.  This collaboration aims to address the challenges faced by small retailers and distributors in the consumer packaged goods (CPG) industry, including supply...

India’s OfBusiness Debuts Raw Material Procurement App
B2B Payments // March 05, 2023

Indian B2B platform OfBusiness has launched an app to help small businesses obtain credit and raw materials. The app lets micro-, small and medium enterprises (MSMEs) procure materials, compare prices with vendors across India, handle orders and track shipments, according to a Sunday (Mar. 5)...

Mastercard, SumUp Partner To Expand ePayments Across Europe
Partnerships / Acquisitions // July 25, 2019

A new partnership between Mastercard and SumUp aims to boost electronic payment acceptance locations across 27 European countries.   Over the next five years, Mastercard and SumUp will bring card acceptance to several million micro, small and medium-sized companies (MSMEs) across Europe, Mastercard announced in a...

State Bank Of India Partners With Invoicemart
B2B Payments // February 11, 2019

State Bank of India announced that it has joined digital invoice discounting marketplace Invoicemart as a financier, a move that will make working capital available for more than 1,400 micro, small and medium enterprises (MSMEs). Initiatives such as the Trade Receivables Discounting System (TReDS) are...

Quick Reads
Visa and GSMA Team to Boost Financial Inclusion

February 26, 2024
Visa has teamed with the GSMA Mobile for Development Foundation to improve financial inclusion. The newly announced Digital Finance for All (DFA) Initiative is aimed at helping 20 million people in low- and middle-income countries in Africa, Asia and Latin America, including women, small-holder farmers (SHFs), and nano, micro and small enterprise (NMSE) owners, Visa said Monday (Feb. 26). […]

Mastercard and Bizom Partner on Supply Chain Financing in India

October 11, 2023
Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India.  This collaboration aims to address the challenges...

Mastercard, SumUp Partner To Expand ePayments Across Europe

July 25, 2019
A new partnership between Mastercard and SumUp aims to boost electronic payment acceptance locations across 27 European countries.   Over the next five years, Mastercard and SumUp will bring card acceptance...