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.

EMEA Daily: NatWest Acquires FinTech RoosterMoney; African FinTech Finclusion Raises $20M for Enterprise Development

EMEA Daily: NatWest Acquires FinTech RoosterMoney; African FinTech Finclusion Raises $20M for Enterprise Development
EMEA Daily: NatWest Acquires FinTech RoosterMoney; African FinTech Finclusion Raises $20M for Enterprise Development
October 10, 2021  |  International

In today’s top EMEA news, NatWest acquires youth-oriented FinTech RoosterMoney and African FinTech Finclusion raises $20M for enterprise development. Plus, the U.K. brick-and-mortar retail scene...

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Bank of England: One-Third of UK SMBs ‘Highly Indebted’
Bank of England: One-Third of UK SMBs ‘Highly Indebted’
October 08, 2021  |  Debt

England’s central bank has issued a new report warning of a rise in small business failures in the U.K. by the end of 2021, saying...

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Now Closes $29M Financing Deal to Pay SMBs’ Outstanding Invoices, Scale
Now Closes $29M Financing Deal to Pay SMBs’ Outstanding Invoices, Scale
October 07, 2021  |  SMBs

Now, a FinTech, has received $29 million in financing from a new credit facility and an additional equity investment led by Brigade Capital Management and...

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PYMNTS’ Merchant Index Finds Main Street SMBs Taking Different Paths to Recovery
PYMNTS’ Merchant Index Finds Main Street SMBs Taking Different Paths to Recovery
October 07, 2021  |  SMBs

Big wins for small business seem harder to come by as global enterprises dominate the news and our everyday lives, but small and medium-sized businesses...

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Mastercard Expands Citi Collab to Advance City Possible Program
Mastercard Expands Citi Collab to Advance City Possible Program
October 07, 2021  |  Mastercard

Mastercard and Citi are expanding their relationship to grow the City Possible network by putting their collective resources to work for the good of local...

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Indonesia’s Paper.id Launches B2B BNPL Tool
Indonesia’s Paper.id Launches B2B BNPL Tool
October 06, 2021  |  BNPL

The Indonesian B2B invoicing firm Paper.id has launched a buy now, pay later (BNPL) tool aimed to help small businesses recover from COVID-19-related losses.  Get...

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SMBs Look for Leg Up in Competing on Digital Marketplaces
SMBs Look for Leg Up in Competing on Digital Marketplaces
October 06, 2021  |  Retail

At the beginning of 2021, optimistic prognosticators said the U.S. would be out of the pandemic’s depths by the fall, but with vaccination rates slowed...

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Uptick in Business Bankruptcies Expected
Uptick in Business Bankruptcies Expected
October 06, 2021  |  Pandenomics

Business bankruptcies are predicted to rise next year as governments pull the plug on pandemic-related financial support, CNBC reported on Wednesday (Oct. 6), citing a...

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Bringing UAE’s SMBs Into the Digital Economy
Bringing UAE’s SMBs Into the Digital Economy
October 06, 2021  |  SMBs

Small and midsized businesses (SMBs) have faced the brunt of the COVID-19 pandemic. Although governments have made efforts to provide relief, more needs to be...

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