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UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.
SMEs, cash flow, B2B payments, funding, trade finance
Global fintech company Sopra Banking Software (SBS) has joined the Amazon Web Service ISV Accelerate Programme to drive new business and accelerate sales cycles.
banking, digitalisation, artificial intelligence, cloud banking, data
Netherlands-based financial services provider Mollie has announced the launch of Mollie Capital in the UK to provide retailers with up to GBP 250,000 in financing for growth.
lending, funding, expansion, SMEs, retail
Sweden-based fintech Treyd has announced the launch of its ‘sell first, pay for suppliers later’ solution to inventory SMEs across Ireland.
SMEs, financing , B2B payments, cash flow, expansion
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
Taulia, a provider of solutions for managing working capital, has expanded its global multi-funder network by incorporating the Bank of China London Branch and BNP Paribas.
cash management, supply chain finance, partnership, funding, risk management
Priority Technology Holdings, a unified commerce platform that delivers integrated payments and banking, has partnered with payments gateway provider Datacap Systems.
POS, BaaS, payment processing, unified commerce, partnership
US-based Intuit has announced the launch of new ecommerce capabilities for QuickBooks Online aiming to improve inventory management for small businesses.
product upgrade, spend management, cash management, SMEs, ecommerce
UK-based fintech Uncapped has announced the successful closure of a GBP 200 million debt facility from Fortress Investment Group.
lending, funding, debt facility, fintech
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
iDenfy, a global RegTech startup, has partnered with CardDepot.com to enhance fraud prevention with an AI-powered KYC solution.
partnership, fraud management, fraud detection, fraud prevention, KYC, gift card fraud, identity fraud
US-based startup Koverly has introduced a B2B Buy Now, Pay Later platform to allow businesses to defer FX payments for 30 days.
FX , product launch, B2B payments, BNPL, fintech, startup
Global fintech SumUp has entered a USD 100 mln credit facility with Victory Park Capital (VPC) to accelerate its merchant Cash Advance product.
debt facility, merchants, financing , SMEs, POS
Wearable authentication solutions supplier Token has announced the start of production for its smart ring in the US.
multi-factor authentication, biometric authentication, NFC, biometrics, digital identity
US-based B2B payments platform Melio has partnered with Shopify to launch an accounts payable solution to change how merchants pay and manage their business bills.
partnership, B2B payments, e-invoicing, merchants, ecommerce, payment methods, accounts payable, credit card, bank transfer, ACH, financial services, SMEs, fintech, spend management
US-based financial service and technology company Brex has expanded into travel, with members of Empower being able to book travel inside the Brex mobile app.
product launch, travel payments, spend management, cross-border logistics
US-based POS system Snack POS has partnered with Sunmi, a hardware technology company, to bring innovative hardware to restaurants.
POS, partnership, mobile payments, payment processing, cloud services
Mastercard has partnered with upSWOT, a US-based white-label embedded financial platform, to add data for small businesses on upSWOT’s platform.
partnership, Open Banking, data, embedded finance, SMEs
Israel-based fintech 40Seas has raised USD 111 million composed of seed funding and a credit facility for exporters and importers.
funding, investment, fintech, cross-border payments, accounts receivable
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