Smbs/page/3 news and trends

Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses

May 20, 2024
Triver Deploys Experian Solutions to Accelerate Small Business Lending
SMBs // May 20, 2024

Triver, a provider of cash flow financing for small- to medium-sized businesses in the United Kingdom, deployed several Experian data solutions to accelerate onboarding and approvals. With these solutions, SMBs using Triver’s platform can complete the application and approval process in as little as six minutes, the...

Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
Point of Sale // May 18, 2024

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for...

AppTech Payments Aims to Take on Venmo With InstaCash
Payment Methods // May 16, 2024

Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning as a rival to both Venmo and Western Union, according to a Thursday (May 16) press release. “The success...

Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Cross-border Payments // May 15, 2024

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the...

Interviews & Exclusives
Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth

May 18, 2024
Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for their customers’ top needs. And against the current dynamic operating […]

New Technology Puts Financial Improvements on the Menu for Restaurants

May 13, 2024
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12...

Study Finds Small Business Healthcare Providers Receive 25% of Payments Late

May 09, 2024
Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence surveyed for “Small Business Real-Time...

Gen Z Small Business Owners Get Personal for Business Loans

May 03, 2024
At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available...

Quick Reads
Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses

May 20, 2024
Teal raised $8 million in seed funding to build its accounting infrastructure for vertical software-as-a-service (SaaS) businesses. The company’s APIs and tools allow these businesses to build their own accounting suites to offer to their small- to medium-sized business (SMB) customers, Teal said in a Monday (May 20) press release. “Having led Bench Accounting, the largest bookkeeping service […]

Triver Deploys Experian Solutions to Accelerate Small Business Lending

May 20, 2024
Triver, a provider of cash flow financing for small- to medium-sized businesses in the United Kingdom, deployed several Experian data solutions to accelerate onboarding and approvals. With these solutions, SMBs using Triver’s...

AppTech Payments Aims to Take on Venmo With InstaCash

May 16, 2024
Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning...

Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa

May 15, 2024
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized...