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British Business Bank supports recovery loans with asset-based lending

News | Payments General | 15 Dec 2023

British Business Bank has launched an asset-based lending version of the Recovery Loan Scheme to make it easier for businesses to access finance.

financial services, product upgrade, lending, SMEs

Marqeta partners with Credi2

News | Online & Mobile Banking | 23 Nov 2023

US-based card issuing platform Marqeta has announced its partnership with Credi2 in order to provide new instalment capabilities for banks across Europe.

partnership, instalment payments, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Earlypay acquires Timelio

News | Payments General | 07 Nov 2023

Earlypay has announced its acquisition of the assets and loan portfolio of Australia-based fintech Timelio, aiming to optimise SMEs’ development process in the region.

acquisition, payments , online payments, digital payments, mobile payments, ecommerce, SMEs

Vero Technologies raises USD 8.5 mln in Series A funding round

News | Online & Mobile Banking | 22 Sep 2023

Vero Technologies, a wholesale financing technology and loan servicing platform, has announced the close of its Series A funding round, led by venture capital fund BankTech Ventures.

funding, financing , lending, Open Banking

PayPoint partners with Funding Circle

News | E-invoicing, SCF & E-procurement | 12 Jan 2023

PayPoint has partnered with Funding Circle, helping UK’s small business lending platform provide funding access to PayPoint’s network of 28,000 UK retailer partners.

partnership, SMEs, retail, fintech, payments

The Paypers Global Fintech Investments Analysis: Q3 2022

Voice of the Industry | Payments General | 04 Nov 2022

The Paypers studied the most relevant investments announced during Q3 2022. While the global fintech industry is growing at a slower pace compared to 2021, BNPL, embedded finance, and lending still seem safe investment bets.

fintech, investment, BNPL, embedded finance, funding, financial services, mobile banking, COVID-19, startup, neobanks, The Paypers Quarterly Analysis series

StrideOne and ZipLoan partner

News | Payments General | 05 Sep 2022

India-based StrideOne and micro, small, and medium enterprises (MSME) lender ZipLoan have partnered for deeper penetration in the MSME credit space.

financial services, partnership, fintech, digital banking, startup

Chinese municipal bank offers first digital yuan loan

News | Cryptocurrencies | 09 Aug 2022

The Rural Commerce Bank of Zhangjiagang has issued its first digital yuan loan backed by intellectual property as collateral.

digital currency, CBDC, fintech, digital payments

Creative Juice announces USD 50 mln fund for content creators

News | Payments General | 21 Apr 2022

Banking app built for online creators, Creative Juice, has announced it gives USD 50 million in funding for the underwrite creator business. 

lending, SMEs, funding, online platform, online banking

Moneytech secures USD 400 mln

News | Payments General | 31 Jan 2022

SME lender Moneytech has secured more than USD 400 million in funding facilities to continue driving its expansion in to the SME lending sector. 

funding, SMEs, lending, investment, financial services

Funding Circle launches FlexiPay

News | Online Payments | 02 Sep 2021

Funding Circle, a UK-based loans platform, has launched FlexiPay to allow small businesses to offer instalment programmes.

online payments, product launch, BNPL

EBRD, Raiffeisen Bank support expansion of Romania-based online retailer eMAG

News | Ecommerce | 12 Jul 2021

The European Bank for Reconstruction and Development (EBRD) has arranged alongside Raiffeisen Bank a debt financing package for Romanian-based online retailer eMAG.

investment, ecommerce, online shopping, SMEs, marketplace

Standard Chartered, CDC pledge USD 100 mln to trade finance agreement

News | E-invoicing, SCF & E-procurement | 24 Nov 2020

Standard Chartered and CDC Group have announced an additional USD 100 million commitment to their existing master risk participation agreement.

Standard Chartered, CDC Group, partnership, trade finance, agreement, master risk participation agreement, South Asia, Africa, supply chain finance, SCF

India-based Chola launches co-lending business with technology from Nucleus Software

News | Payments General | 10 Nov 2020

Cholamandalam Investment and Finance Company (Chola), the financial services arm of the Murugappa Group, has gone live with Nucleus Software’s co-lending solution.

Chola, lending, technology, Nucleus Software, partnership, FinnOne, India, vehicle finance, home loans, loan against property, SME loans

Moneytech takes part in Australia's SME Guarantee Scheme

News | Payments General | 27 Oct 2020

Moneytech has gotten the approval to take part to Australia’s SME Guarantee Scheme, enabling the group to now provide support to SMEs affected by the COVID-19 pandemic.

Moneytech, SME Guarantee Scheme, payments , business loans, lending, finance, SME, COVID-19, Australia

Banco Sabadell originates EUR 576 mln SMEs loan portfolio securitisation

News | E-invoicing, SCF & E-procurement | 11 Sep 2020

Banco Sabadell has originated a loan portfolio securitisation to provide EUR 576 million to support small and medium-sized enterprises (SMEs).

Banco Sabadell, SMEs loan, financing , loan securitisatio

65 percent of Europe-based ecommerce companies needed extra finance between 2018-2020

News | Ecommerce | 02 Jun 2020

A recent survey has unveiled data that shows how 65% of Europe-based ecommerce companies needed extra finance between 2018-2020.

Europe, ecommerce, survey, extra finance, online merchants, UK, Germany, Scandinavia, Netherlands, coronavirus, Nordic merchants

Coronavirus – Keep calm, and innovate

Voice of the Industry | Payments General | 09 Apr 2020

‘How much for your coffee?’ 5 euros, 6 dollars … whatever the price, we might pull out local money, swipe a card, or maybe tap a smartphone to settle the bill. Someone watching from another century in the past would think it were magic.

coronavirus, innovation, banking, ecommerce, Amazon, internet, bank branches, digitalisation, travelling, VR, CBDC, Visa, frictionless, Tesla

TSB unveils support for SME suppliers and customers during coronavirus outbreak

News | E-invoicing, SCF & E-procurement | 24 Mar 2020

TSB has announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. 

TSB, SME, suppliers, coronavirus, payments , cash flow

Saving SMEs one payment at a time

Voice of the Industry | Expert Opinion | 15 Oct 2019

Anders la Cour, Co-founder and CEO of Banking Circle, discusses the findings of the financial utility’s latest insight paper, uncovering the challenges and opportunities ahead for SME payment providers

Anders la Cour, Banking Circle, financial inclusion, SMEs, technology, finance, banking, payments , digital