PayFit to double workforce with €70m funding round
French startup automates payroll and HR processes for SMEs.
French startup automates payroll and HR processes for SMEs.
It follows Wave’s recent acquisition of Every.
The fintech has grown by more than 400% in 12 months.
It aims to release customers from time-consuming admin and paperwork.
Bix2X platform aims to improve access to working capital for SMEs.
Bangkok Bank and Commerzbank test DLT-based trade finance solution.
Toronto-based CreditGenie aims to disrupt point-of-sale financing.
More than one-third of start-ups and SMEs are suffering with cash flow issues, with a total of £26bn owed to them.
Finnish start-up serves “everyday entrepreneurs” with business current accounts.
It allows users to manage accounting and payroll insights.
Backers include Kindred Capital, Moneysupermarket Group, and VentureFounders.
This is intended to create a new service allowing UK SMEs to protect their income on an invoice-by-invoice basis.
Transactis makes digital payment services available to small businesses.
SLED agencies can take advantage of GovQuote’s technology to get quotes and a complete digital record for compliance.
The company is based in Deloitte’s London fintech lab.
PayNet CEO says deal will support “Main Street American business”.
And redirects to alternative businesses.
Masthaven aims to significantly increase lending to SMEs and consumers.
APRA has granted a full banking licence.
The system integrator will be Tech Mahindra.
Deal is described as “transformative” for the company.
The petition was started by the director of data analytics firm LendingMetrics.
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Serving corporations and medium-sized businesses in Mexico.
Aims to cut time spent on small business admin tasks.
Built for entrepreneurs for entrepreneurs, Oklahoma’s first new bank since 2009.
Catering for small businesses in Canada.
The bank targets small businesses with a digital banking offer.
Hong Kong fintech plans to hire and grow.
The new bank is a merger of Spaxs and Banca Interprovinciale.
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The Mexican lendtech provides SMEs with credit.
The low-cost payment provider is now expanding to the UK and Europe.
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
An app targeting freelancers and solo entrepeneurs.
The bank will use nCino’s Bank Operating System for customer experience.
Aiming to help SMEs mitigate cash flow risk.
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Will offers business loans, invoice/supply chain financing, and commercial insurance.
The start-up uses blockchain and AI for its lendtech platform.