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.

Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  International

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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Amazon Faces UK Antitrust Probe Over Sales Practices
Amazon Faces UK Antitrust Probe Over Sales Practices
July 06, 2022  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is looking into whether Amazon “has a dominant position in the U.K. and whether it is abusing...

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Finli Hopes to Grow Following $6M Seed Round
Finli Hopes to Grow Following $6M Seed Round
July 06, 2022  |  Investments

Payment management platform Finli said it’s ready to expand its team and business banking capabilities after raising $6 million in seed funding. Get the Full...

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Today in the Connected Economy: Revolut Delves Into in-Person Payments
Today in the Connected Economy: Revolut Delves Into in-Person Payments
July 05, 2022  |  Connected Economy

Today in the connected economy, Revolut launches its card reader, marking the start of its in-person payment ambitions. Plus, Uber brings its services to Israel,...

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With Innovation, Main Street SMBs Poised to Outperform Broader US Economy
With Innovation, Main Street SMBs Poised to Outperform Broader US Economy
July 05, 2022  |  SMBs

The pressures of inflation, of external shocks from geopolitics and supply chains will be too much for Main Street small and medium-sized businesses (SMBs) to...

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Funding Circle, DreamSpring Team to Offer SMB Funding
Funding Circle, DreamSpring Team to Offer SMB Funding
July 05, 2022  |  SMBs

Small business loan platform Funding Circle has teamed with DreamSpring, a nonprofit community development financial institution (CDFI), to increase funding access for small businesses in...

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FinTechs Redefine X-Border Payments for African Consumers, SMBs
FinTechs Redefine X-Border Payments for African Consumers, SMBs
July 05, 2022  |  Cross-border Payments

Remittance corridors that connect African nations to economies in Europe, the Middle East and the U.S. provide a vital lifeline for many individuals moving money...

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Alerus Financial Acquires SMB-Focused Metro Phoenix Bank
Alerus Financial Acquires SMB-Focused Metro Phoenix Bank
July 03, 2022  |  Acquisitions

Alerus Financial announced Friday (July 1) that it has completed its acquisition of MPB BHC, the bank holding company of Metro Phoenix Bank. Get the...

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Banks Use Embedded Payments to Strengthen Digital Ties With SMBs
Banks Use Embedded Payments to Strengthen Digital Ties With SMBs
July 01, 2022  |  Banking

Remy Carole, V.P. of operations at Treasury Prime, told PYMNTS in a recent interview that embedded finance — the ability of FinTechs and other enterprises...

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