Japan’s $1tn stimulus offers $18,000 to small businesses
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
SME
Visa pours $210m into the coronavirus effort to help SMEs
Visa will split the money between NGOs and investment partners.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Judo Bank lands $307m from government to support SMEs
“This is a really substantial additional signal of support by the government,” says co-CEO.
NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
Will fintech CEOs follow in the footsteps of Dan Price post-coronavirus?
Monzo and Moven’s CEOs have both taken a 100% pay cut.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
MatchMove buys strategic stake in Shopmatic to build SME offering
MatchMove is slowly building up its armoury to morph into a full digital bank.
US non-bank financial firms push Congress for SME lending relief
Legislators are currently working on a bill which addresses small business loans.
FCA sets out guidance for mortgage providers & lenders on COVID-19-related loan scheme
This supports the announcements made by the Chancellor last week.
MatchMove applies for one of Singapore’s full digital bank licences
The company has teamed up with three other bidders.
Disrupting small business banking
I think what we (business owners) really want is an experience driven bank.
Square lands conditional banking licence from FDIC
The bank will be based in Utah.
Citadele Bank invests €10m in SME Finance
The partnership will offer factoring and banking services.
Bank of England dips into US repo to lend banks $15bn
It’s the largest sum the central bank has issued since the financial crisis.
Iwoca launches lending platform to help banks and fintechs tap UK SMEs
The platform has already bagged Monese and Xero as a partners.
What the Fintech? A new podcast from FinTech Futures | Episode 1
Trending topics, useful insights, strong opinions, and a fintech jailhouse – all in our brand new podcast!
Monzo launches first business banking accounts
UK challenger bank steps into the business space with new accounts.
SpotOn raises $50 million in Series B featuring former Twitter CEO
Payments firm plans to extend product development.
SME challenger bank NorthOne raises $21m Series A
New York-based challenger plans to splash the cash on customer acquisition.
Metro Bank partners with ezbob to launch SME lending platform
The bank claims businesses will receive loans in minutes.
Greensill buys Aussie payday advance app Earnd
The acquisition marks Greensill’s move into payday finance.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
“If you want it, go get it!”
Nancy Butler at B-North, shares her experience in banking this international women’s day.
Is the future of banking not open but closed?
Europe and USA have to create their own ecosystems to compete with the East.
CreditEnable announces $2m pre-Series A investment round
The investment will allow it to develop and launch a second-generation product.
India’s lending start-up SMEcorner bags $30m Series B
The round was led by a $10.5 million investment from Germany’s Paragon Partners.
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
The allure of omnichannel: New functionality, seamless SMB journeys
With the right software in place, the ATM can play a new role.
Poland’s digital banking provider Efigence talks private over public cloud
“Banks don’t want to invest in infrastructure when they don’t need it,” says CTO.
Small business lender iwoca raises €100m for German loan growth
The company says it is the largest fintech small business lender in Germany.
TripActions lands $500m credit facility from SVB, Goldman and Comerica
TripActions Liquid will float an employees’ travel spend.
Aspiring neobank EasyEuro raises $4m in pre-A round
The fintech is targeting cross-border trade between Europe and Asia.
Funda Finance Partners in lendtech revamp with nCino
US-based nCino has gained further presence in Australia via a new deal with Funda Finance Partners, an SME lender. New South Wales-based Funda will implement the vendor’s flagship cloud-based solution, nCino Bank Operating System, “to streamline its lending processes and enhance its customer experience”, nCino says. “Funda chose nCino after searching for a technology solution […]
Neobank for UK farmers Oxbury lands licence and launches Series C
Its flagship offering ‘Oxbury Farm Credit’ will roll out later this year.
OakNorth to deploy lending platform for Dutch lender Oimio
Newly-launched firm aims to help SMEs with loans of €1-10 million.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
The future of trade finance
We speak to Mastercard, NatWest and Marco Polo senior executives about their partnership.
