Search Results for: small business

BAI Research Reveals Large Banks Still Lead in Small Business Banking, but Neo-banks are Making Fast Inroads
Banking News

BAI Research Reveals Large Banks Still Lead in Small Business Banking, but Neo-banks are Making Fast Inroads

Fintech News Desk
BAI, a non-profit independent organization that delivers the financial services industry’s most actionable insights, released new BAI Banking Outlook research addressing small business banking insights and trends. In a survey of 600 business owners under $20 million in annual revenue, 60% said a large bank was their primary financial services provider.......
IFC & PayU Invest INR 114cr in Vayana Network to Increase Formal Trade Credit to Micro and Small Businesses
Finance Fintech News

IFC & PayU Invest INR 114cr in Vayana Network to Increase Formal Trade Credit to Micro and Small Businesses

Fintech News Desk
India’s largest trade finance network, announced that it has raised a further INR 114cr as part of its Series C funding from International Finance Corporation (IFC) and PayU, the Payments and Fintech business of Prosus. Vayana plans to use the funds to build products focused on helping MSMEs better manage......
Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance
Business Finance News

Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance

Fintech News Desk
Company collaborates with Community Reinvestment Fund, USA to continue the support of small business recovery from the pandemic Wells Fargo announces the Small Business Resource Navigator, an online portal helping connect small business owners to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country. The......
Corporate Insight to Track the Growing Traditional and Fintech Business Banking Platforms with Launch of Small Business Banking Research Services
Banking News

Corporate Insight to Track the Growing Traditional and Fintech Business Banking Platforms with Launch of Small Business Banking Research Services

Fintech News Desk
New benchmarking and competitive intelligence services will track banking platforms that cater to small business owners, with focus on cash management, merchant services Corporate Insight, the leading provider of competitive intelligence and customer experience research to the financial services industry, announced the launch of its Small Business Banking Research Services.......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide
Banking News

OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide

Fintech News Desk
Largest Black-Owned Bank Joins with Black-Led Small Business Lender OneUnited Bank, the nation’s largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank’s continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines......
Cambridge Savings Bank Empowers Development of Local Small Businesses Through Financial Education Courses
Business Finance News

Cambridge Savings Bank Empowers Development of Local Small Businesses Through Financial Education Courses

Fintech News Desk
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced the launch of its Small Business Financial Education Program. Led by CSB’s Financial Education Manager, Philip Mustone, the program will provide small businesses with information on best practices related to marketing, cash......
Helcim Introduces Free Mobile-First Checkout Tool to Help Bring More Small Business Online
Digital Payments News

Calgary Based Helcim Raises $16 Million Series A To Build The Future Of Payments For Small Business

Fintech News Desk
Funding round led by Information Venture Partners and Aquiline Technology Growth positions the company for long-term success Helcim, a payments company that powers small business, announces that it has closed its Series A funding led by Toronto-based venture capital firm Information Venture Partners (Information VP) and Aquiline Technology Growth (ATG).......
Fiskl Introduces Modern API-driven Accounting For Small Businesses
Banking Finance News

Fiskl Introduces Modern API-driven Accounting For Small Businesses

Fintech News Desk
FISKL introduces modern API-driven accounting for small businesses With Open Finance bi-directional data flow to simplify SMB lending Fiskl, the mobile-first financial management solution for small businesses, announces the launch of modern, API-driven accounting on its platform, now available worldwide. The classic cloud accounting platforms are now facing technology legacy......
VizyPay Awarded Best Small Business Payments Solution
Business Digital Payments News

VizyPay Awarded Best Small Business Payments Solution

Fintech News Desk
6th Annual FinTech Breakthrough Awards recognized the company for its standout solutions tailored to the needs of small businesses across the nation VizyPay, an industry-leading payment processing company for small businesses, announces it was named Best Small Business Payments Solution by the 2022 FinTech Breakthrough Awards, an annual awards program......
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