Small Business Banking news and trends

Finance Super App, Flex, Aims to Streamline Back Office and Cash Flow
SMBs // September 19, 2023

Zaid Rahman, CEO of Flex, told PYMNTS that the traditional channels through which small businesses manage their finances and their operations leave plenty of room for innovation, and for improvement. Most small to midsize businesses (SMBs) do not have the time or resources or staff...

Truliant Federal Credit Union on Personalizing Digital-First Business Banking
Credit Unions // December 10, 2021

Credit unions are masters of high-touch personal service but need 24/7/365 tools to win small business members. In the Credit Union Tracker, Truliant Federal Credit Union’s Jeff Hibbard explains how success with SMBs must include both.

Credit Unions Mix Personal Service, 24/7 Digital Support to Win Small Business Customers
Credit Unions // December 09, 2021

Credit unions (CUs) are well-suited to the unique needs of small businesses which struggle to find the services they need through other financial institutions (FIs), such as small loans with less return for lenders. Overall, members already have a high interest in business lines of...

Funded FinTechs Look To Get More Capital In The Hands Of SMBs
B2B Payments // July 16, 2021

Whether through embedded lending, small business credit cards or trade finance portals, this week’s newly funded B2B FinTechs are largely looking to get more capital into the hands of companies. But it was a challenger bank targeting SMBs that landed the top spot with its...

Interviews & Exclusives
Finance Super App, Flex, Aims to Streamline Back Office and Cash Flow

September 19, 2023
Zaid Rahman, CEO of Flex, told PYMNTS that the traditional channels through which small businesses manage their finances and their operations leave plenty of room for innovation, and for improvement. Most small to midsize businesses (SMBs) do not have the time or resources or staff to manage back office functions in an optimal manner. They […]

Credit Unions Mix Personal Service, 24/7 Digital Support to Win Small Business Customers

December 09, 2021
Credit unions (CUs) are well-suited to the unique needs of small businesses which struggle to find the services they need through other financial institutions (FIs), such as small loans with...

PayMate CEO On India’s SME Lending Watershed Moment

May 17, 2018
The SME segment in India has been a consistent bright spot and engine for growth over the last several years. According to government numbers, the micro, small and medium enterprises...

Community Banks Take A Swing At FinTech Collaboration

October 16, 2017
Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet...

Quick Reads
Marqeta and OakNorth Team to Offer SMBs Commercial Cards

April 24, 2024
Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers a better view of the finances, the companies said in a news release Wednesday (April 24). “Traditional banking products aren’t always a fit for the specific […]

Tide Raises $54.3M In Funding Round

October 07, 2019
Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). The SBI Group, which...

Bank Of America Rolls Out Digital Tool For Entrepreneurs

February 06, 2019
Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. In a press release, Bank...

SBA Enhances CalPrivate Bank’s Small Business Lending

August 27, 2018
Private Bancorp of America has announced that its subsidiary CalPrivate Bank now has two separate Small Business Lending channels so that it can utilize the Small Business Administration’s (SBA) full...