Triver secured up to 114 million pounds (about $153 million) to expand the embedded invoice financing it offers to small businesses in the United Kingdom. The company’s financing is part equity, via a 14 million pound Series A round, and part debt facility secured with...
The real-world economy is made up of small- to medium-sized businesses (SMBs) that make, move and install physical things. These firms don’t live in the same cash flow universe as software companies. Orders take weeks to fulfill, invoices sit 60 to 90 days (or longer)...
Small businesses may not be known for switching software providers. Yet, a striking detail in a new study suggests that’s changing fast — and embedded finance is at the center of the shift. The “Embedded Finance: The New Growth Engine for SMBs” report, part of the PYMNTS...
Meta will let small businesses offer a payment option within the WhatsApp Business App. The new service was one of several announced in a Thursday (Sept. 18) press release by the tech giant as it hosted its second business summit in Mumbai, India. “Available on...
U.S. tariffs have ushered in a wave of business for lending startups, Bloomberg reported Monday (Sept. 15). Slope, for example, a company backed by JPMorgan, said applications for its credit lines ballooned by 730% year over year last month, according to the report. The jump...
Watch more: SMBs and Credentials — Fixing Friction Before It Fails You A payment transaction can easily become a point of failure for small- to medium-sized businesses (SMBs). Payment processing errors and overlooked mistakes are not merely minor inconveniences; they represent tangible financial losses and...
Watch more: The Digital Shift Running a small business has never been simple. Owners often juggle thin margins, supply chain pressures, labor costs and rising interest rates — all while trying to keep an eye on cash flow. The volatility of the macro environment makes...
Watch more: SMBs and Unified Commerce — Playing Big in a Mobile-First World Consumer expectations for fluidity between online, mobile and physical storefronts are at an all-time high. But it’s time they all come together. Unified commerce offers small to mid-sized businesses (SMBs) an unprecedented...
Watch more: Business Banking Platform Relay Evolves Into SMB Command Center For most small businesses, the bank balance is still the financial dashboard. “Ninety-two percent of small business owners make financial decisions based on their bank balance,” Relay co-founder and CEO Yoseph West told PYMNTS....