Smes news and trends

Lenkie Raises $62 Million to Fund Business Supplier Payments

March 04, 2025
Lenkie, investments, funding, b2b
Lloyds and PayPoint Launch Payments Partnership for Small Businesses
SMBs // December 04, 2024

British payments technology firm PayPoint is expanding its partnership with U.K. bank Lloyds. The collaboration, announced Wednesday (Dec. 4), is designed to provide banking and payments services to roughly 60,000 U.K. small- to medium-sized businesses (SMBs), combining PayPoint and Handepay’s merchant network, and Lloyds’ merchant...

Monzo Business Customer Base Exceeds 500K
Digital Banking // October 16, 2024

British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan for “bigger small businesses” called Team, designed to give business owners more control over their financial management with less expense...

Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
Investments // September 03, 2024

Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the company attractive to investors, including the rapidly-growing small and medium-sized enterprise (SME) segment in the...

Mamo Raises $4.3 Million for UAE Small Business Financing
Fintech Investments // July 28, 2024

Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). “Mamo’s mission is to empower...

Interviews & Exclusives
U.S. Legislators Aim For Faster Construction Company Payments

July 05, 2017
Legislators in markets like the U.K. and Australia have begun to publicly combat late supplier payments to SMEs, but efforts in the U.S. have been far less vocal. But a new bill in the U.S. House of Representatives may get the discussion going around late invoice payments and SME cash flow management struggles. The Small Business […]

India’s Grand (De) Monetization Experiment

July 04, 2017
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push toward digital payments has had effects both positive...

Quick Reads
Lenkie Raises $62 Million to Fund Business Supplier Payments

March 04, 2025
Cashflow management platform Lenkie has raised $62 million in new funding. The U.K. company’s Series A round, announced Tuesday (March 4), is aimed at helping Lenkie expand its payables financing business for small and medium-sized enterprises (SMEs). “While the traditional borrowing experience remains slow, rigid, and reliant on outdated credit assessments (leaving thousands of viable […]

Lloyds and PayPoint Launch Payments Partnership for Small Businesses

December 04, 2024
British payments technology firm PayPoint is expanding its partnership with U.K. bank Lloyds. The collaboration, announced Wednesday (Dec. 4), is designed to provide banking and payments services to roughly 60,000...

Monzo Business Customer Base Exceeds 500K

October 16, 2024
British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan for “bigger small businesses” called...

Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows

September 03, 2024
Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the...