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.

24% of B2B Payments Made by Large Firms Are Made via Check

24% of B2B Payments Made by Large Firms Are Made via Check
24% of B2B Payments Made by Large Firms Are Made via Check
November 16, 2021  |  B2B Payments

Smaller enterprises often face a familiar dilemma regarding technological investment. They tend to be highly motivated to minimize overhead, boost efficiency and embrace tools that might...

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Plumbers, Home Service Pros Turn To Apps for Help Growing Business
Plumbers, Home Service Pros Turn To Apps for Help Growing Business
November 16, 2021  |  Accounts Receivable

Throughout the pandemic, business survival — especially small business survival — has increasingly depended on how well businesses have been able to manage the great...

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Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
November 15, 2021  |  Investments

Float, a corporate card and spend management platform, has raised $30 million in a Series A funding round, FinTech Futures reported. The company’s total funding...

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Builders Targeted for New BNPL Plan to Ease Pain of Pricey Materials Purchases
Builders Targeted for New BNPL Plan to Ease Pain of Pricey Materials Purchases
November 15, 2021  |  B2B Payments

The construction industry has one of the longest days sales outstanding (DSO) — an average of 83 — so it seems a product that would...

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EMEA Daily: Babylon Health Reports 371% Q3 Revenue Growth; Big Tech Firms Face Tough Week Following EU Clamp-Down
EMEA Daily: Babylon Health Reports 371% Q3 Revenue Growth; Big Tech Firms Face Tough Week...
November 14, 2021  |  Cross-border Payments

In top Europe, Middle East and Africa (EMEA) news, the U.K.’s Babylon Health reports 371% year-over-year revenue growth in the third quarter; Big Tech firms...

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Today in B2B: SMBX Offers Bonds, Not Loans to SMBs; Small Businesses Prioritize Automating AR 
Today in B2B: SMBX Offers Bonds, Not Loans to SMBs; Small Businesses Prioritize Automating AR 
November 12, 2021  |  B2B Payments

Today in B2B payments, FinTech SMBX offers bonds rather than bank loans to small- to medium-sized businesses (SMBs). Plus, Veem announces their Partner Connect program...

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With AfCFTA, African FinTechs See SMB Investment Opportunities 
With AfCFTA, African FinTechs See SMB Investment Opportunities 
November 12, 2021  |  Cross-border Payments

FinTech startups in Africa are ballooning beyond their borders to access a wave of new investments expected to arrive with the advent of the African...

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Coupang Grows Twice as Fast as Korean eCommerce Segment
Coupang Grows Twice as Fast as Korean eCommerce Segment
November 12, 2021  |  eCommerce

Asia-based eCommerce company Coupang, Inc. on Friday (Nov. 12) said its third-quarter net revenue for the period ending Sept. 30 was $4.6 billion, up 48%...

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