Search Results for: small business

Monit Launches Mobile Finance Platform to Give Small Business Owners More Control Over Finances with Predictive Cash Flow and Financial Optimization in Their Pocket
Business Fintech News

Monit Launches Mobile Finance Platform to Give Small Business Owners More Control Over Finances with Predictive Cash Flow and Financial Optimization in Their Pocket

Fintech News Desk
by Fintech News Desk0
 Monit, a mobile financial platform designed for small business owners, will launch with a demo at Finovate Fall 2020.  Monit keeps business owners on top of their key financial numbers and forecasts cash flow using advanced, patent-pending predictive technologies packaged in an intuitive, mobile experience. Responding to the COVID crisis,......
Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans
Fintech Investment Services News

Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans

Fintech News Desk
by Fintech News Desk0
Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. Read More: The Influence of Mobile Apps WeChat Pay and......
Xero’s COVID-19 Reports Provide Unique Insights About Impact to Global Small Business
Business Economy Fintech News

Xero’s COVID-19 Reports Provide Unique Insights About Impact to Global Small Business

Fintech News Desk
by Fintech News Desk0
At peak impact,global small business revenues fell by 10 – 40% 43% of small business owners worried about their mental health Small businesses remain resilient despite impact Xero, the global small business platform, released two new reports highlighting the economic and emotional impact of the pandemic on small businesses across......
Xero revamps Starter plan to support sole traders in a rapidly changing small business economy
Business Fintech News

Xero revamps Starter plan to support sole traders in a rapidly changing small business economy

Fintech News Desk
by Fintech News Desk0
Xero unveils new insights, payment and cash flow updates at its virtual event Xero On Air Xero, the global small business platform, today announced that it is increasing the limits on its Starter plan, alongside improving the functionality of payments and insights tools, to help sole traders and new small......
Veem Expands US Product Offering to Simplify Domestic Business Payments
Business Economy Fintech News

Veem Survey Finds 53% of US Small Businesses Are Hopeful About 2021, Expecting Increased Economic Activity

Fintech News Desk
by Fintech News Desk0
Veem’s latest State of Small Business report captures snapshot of small business sentiment ahead of holiday season Veem, the global payment network for small-to-midsize businesses, today announced the release of its quarterly report, “State of Small Business: Q3 Edition: Pre-Holiday Snapshot.” The report, which surveyed over 900 small business owners, focused on......
Wells Fargo Invests in Six Black-Owned Bank
Business Fintech News

Despite Continued Difficulties, Small Business Owner Optimism Continues to Grow in Latest Wells Fargo Survey

Fintech News Desk
by Fintech News Desk0
Q3 study highlights improved future outlook tempered by significant near term headwinds Small business owners have faced unprecedented challenges due to the pandemic and are in the midst of great uncertainty with the upcoming presidential election. However, the Q3 Wells Fargo/Gallup Small Business Index indicates there is a continued spirit of......
OnDeck's "All In" Supporting Small Businesses in New York
Business Fintech News

OnDeck Joins Visa’s Small Business Hub

Fintech News Desk
by Fintech News Desk0
Small Business Hub Provides Consolidated Site to Help Businesses Navigate COVID-19 OnDeck® (NYSE: ONDK), a leader in online small business lending, today announced a collaboration with Visa to support businesses through Visa’s Small Business Hub. OnDeck joins a small group of lenders to offer financing opportunities through the Hub.Read More: Doxim Announces......
Banking Fintech News

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Strengthening Its Commitment to Small Businesses, H&R Block Announces New Vice President and General Manager, Small Business
Business Fintech News

Strengthening Its Commitment to Small Businesses, H&R Block Announces New Vice President and General Manager, Small Business

Fintech News Desk
by Fintech News Desk0
H&R Block announced that Ian Hardman joined the company as vice president and general manager, small business, advancing the company’s focus on growing its services for and support of small business owners. Hardman will be responsible for building cross-functional solutions that help small business owners confidently manage their business and......
Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments
Business Fintech News

Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments

Fintech News Desk
by Fintech News Desk0
Melio provides small businesses with digital payments tools to better manage their supplier payments, minimizing time and cost while maximising cash flow. Founded in April 2018, Melio has since raised $144m in investment. Investors who have led the fundraising rounds include Accel, Aleph, Bessemer Venture Partners, Coatue Management and General......
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