small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

Mastercard and Bizom Partner on Supply Chain Financing in India

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

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...

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kennek Raises $12.5 Million for B2B Lending Platform 
kennek Raises $12.5 Million for B2B Lending Platform 
October 10, 2023  |  Investments

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  The firm will...

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Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
October 09, 2023  |  Cross-border Payments

When it comes to cross-border payments, patience is a virtue — but fees are a reality. That’s because moving money between nations has long been...

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Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023  |  SMBs

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from...

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Small Businesses Look for New Options as Traditional Funding Shrinks
Small Businesses Look for New Options as Traditional Funding Shrinks
October 05, 2023  |  SMBs

Smaller firms feel the credit crunch — and are likely to pivot to new avenues of financing. PYMNTS Intelligence shows that six in 10 smaller...

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Small Business Bankruptcies Jump as Capital Grows Scarce
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023  |  SMBs

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. As The Wall Street Journal  (WSJ) reported Sunday (Oct. 1), the jump...

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EU Retailers Push Back Against 30-Day Payment Rule
EU Retailers Push Back Against 30-Day Payment Rule
October 01, 2023  |  Commercial Payments

European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the...

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Sage and Swoop Partner to Help Small Businesses Access Funding
Sage and Swoop Partner to Help Small Businesses Access Funding
September 29, 2023  |  SMBs

Sage, a provider of accounting and financial technology, has partnered with Swoop, a FinTech company specializing in funding solutions, to provide business funding and cost-savings solutions....

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