The B2B payments space has just grown, thanks to the new presence of PayPool. The U.S. company, founded just last year, made an announcement Friday (Jan. 6) that it has officially begun services with the launch of its bulk payment and distribution service. Get the...
Two alternative SME lenders are joining forces. Strategic Funding Source announced Thursday (Jan. 5) that it is integrating the solutions of Capify’s own small business financing operation — a move that, while not officially considered a merger, will see a merging of the two companies...
The latest data before the start of the new year on small business employment levels offers an optimistic take. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The past few years have seen some of the largest changes in the history of small business lending, and that evolution hasn’t been stifled by borders. Across the globe this week, new small business lenders emerged, new data on SME lending rates surfaced and new...
Banks are stingy with cash when it comes to lending to SMBs. In Canada, one alternative lender, Bibby Financial Services, sees opportunity where banks may not — chiefly, explains Operations Head Calum Williamson, with manufacturing firms navigating their supply chains and seeking to improve cash...
In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. Get the Full Story Complete...
The issue of late supplier payments in the U.K. seemed to reach a fever pitch in 2016. Government officials introduced new incentives and requirements for speedier B2B payments, and top corporations made promises to pay their own small suppliers on time. And yet, the problem...
Barclays has hit a new milestone in U.K. banking. The financial institution is the first to offer nearly instantaneous small business loans via a mobile app, reports said Thursday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
China has cleared the way for a new bank to enter the market and begin lending to small and micro-sized businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...