SMBs

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

Small Business Loan Platform Ranqx Launches in North America
Small Business Loan Platform Ranqx Launches in North America
August 17, 2022  |  SMBs

Small- to medium-sized business (SMB) loan origination, decisioning and monitoring platform Ranqx has launched operations in North America, saying it will provide SMBs a frictionless...

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Cross River Bank on FIs’ Growing Brand Necessity of Embedded Banking
Cross River Bank on FIs’ Growing Brand Necessity of Embedded Banking
August 17, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Neat Company Nixes Fees for ACH Transactions
Neat Company Nixes Fees for ACH Transactions
August 16, 2022  |  B2B Payments

The Neat Company has eliminated the standard 1% fee for ACH transactions, a move the company said makes it unique among small business financial platforms....

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The Data Point: 87% of Online SMBs Use Buy Now Buttons, Outshining Big Merchants
The Data Point: 87% of Online SMBs Use Buy Now Buttons, Outshining Big Merchants
August 16, 2022  |  SMBs

An advantage of being small is the ability to be nimbler, getting moneymaking decisions made and implemented at speeds enterprise merchants often find hard to...

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Embedded Banking Solutions Provider BankiFi Raises $4.8M
Embedded Banking Solutions Provider BankiFi Raises $4.8M
August 15, 2022  |  Investments

BankiFi, a provider of embedded banking products for small- to medium-sized businesses (SMBs), announced Monday (Aug. 15) that it has raised $4.8 million, with the...

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Nigerian Startup Pastel Raises $5.5M for Small Business Services
Nigerian Startup Pastel Raises $5.5M for Small Business Services
August 15, 2022  |  Investments

Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to...

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SMB Sellers, Payments Surprisingly Resilient in the Face of Global Turmoil
SMB Sellers, Payments Surprisingly Resilient in the Face of Global Turmoil
August 12, 2022  |  B2B Payments

B2B payment digitization came to the rescue during the pandemic, but it also can help businesses cope with humanity’s self-induced catastrophe, war. Get the Full...

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Today in the Connected Economy: Apple to Step up iPhone Production
Today in the Connected Economy: Apple to Step up iPhone Production
August 12, 2022  |  Connected Economy

Today in the connected economy, Apple tells its suppliers to boost production on new iPhones, while also planning to possibly raise the price of the...

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The Data Point: 90% of SMBs Using Unified Payments Save Time
The Data Point: 90% of SMBs Using Unified Payments Save Time
August 12, 2022  |  B2B Payments

B2B payments are notoriously slow and costly — witness the continued use of paper checks sent via snail mail — which is driving more operations to...

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