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GXS Bank has announced that it obtained regulatory approval to move forward with the acquisition of Validus Capital, the Singapore subsidiary of Validus Group.
acquisition, fintech, digital banking, SMEs, lending, SME lending
UK-based small business lender iwoca has announced that it obtained GBP 200 million in a new funding round.
funding, investment, SMEs, SME lending, financial services
Brazil-based digital bank for the agribusiness sector Agrolend has announced that it raised USD 53 million in a new Series C funding round.
funding, investment, expansion, digital banking, lending, SME lending
UK-based Nationwide has announced that it completed the acquisition of Virgin Money, with the move allowing the financial institution to augment its offering.
acquisition, mobile banking, online banking, digital banking, SMEs, SME lending
Middle East-based payment solutions provider Magnati has entered a strategic agreement with RAKBANK to introduce a merchant financing platform.
partnership, SMEs, SME lending, POS, underwriting, financial services, embedded finance
Ebury, a global financial services company, has entered into a partnership with Danish digital bank kompasbank.
partnership, banks, digital banking, SME lending
HSBC has decided to roll out a financing plan worth HKD 5 billion (USD 641 million) aimed at helping small and medium-sized enterprises (SMEs) in Hong Kong.
banks, SME lending, financial institutions, credit access
UK-based point-of-sale (POS) solution Lopay has entered into a strategic agreement with YouLend to further support SMEs in the UK by providing them with financing.
partnership, financing , SMEs, SME lending, financial services
Piramal Finance, a subsidiary of Piramal Enterprises Limited, has entered into an agreement with the Central Bank of India to expand co-lending operations.
financial services, financial inclusion, credit access, partnership, digital banking, SMEs, SME lending
Lili, a financial platform developed to support small businesses, has joined Dun & Bradstreet in a strategic agreement to optimise business banking.
partnership, SMEs, SME lending, funding, credit access, financial services
UAE-based digital bank Mbanq has entered into a partnership with SMEApprove to optimise the accuracy and efficiency of SME credit evaluations for its client platforms.
partnership, SMEs, SME lending, lending, credit access, credit scoring, banking, digital banking, artificial intelligence
Online aggregator marketplace Qardy has announced that it obtained a USD seven-figure pre-seed funding to further optimise its platform capabilities.
SMEs, SME lending, financial services, financial inclusion, funding
Alternative finance provider ThinCats has received additional capital to further support UK businesses after receiving a GBP 75 million mezzanine facility.
funding, investment, SMEs, SME lending, lending, fintech
Buy Now, Pay Later (BNPL) platform for banks and credit unions, equipifi, has recently launched its pre-purchase BNPL solution, Plan Your Purchase.
BNPL, B2B payments, lending, SME lending, instalment payments, digital payments, online payments, payments , financial institutions, digitalisation, online banking, digital banking
UK-based cashflow financing provider TRIVER has entered a collaboration with Elcom to launch a new service that allows SMEs supplying the public sector to be paid efficiently.
SMEs, SME lending, funding, financial services, online payments
GDS Link has tapped Open Banking provider Atto to augment its credit decision processes for global financial institutions.
lending, risk management, SME lending, Open Banking, data
Global financial technology company FIS has integrated Lendio’s technology to introduce its new SMB Digital Lending solution and support small businesses in accessing funding.
partnership, lending, SME lending, SMEs, product launch, digital banking
The European Investment Fund (EIF) and Danish corporate bank kompasbank have signed portfolio guarantee agreements to provide at least EUR 175 million in loans to Danish SMEs.
SME lending, green finance, investment, funding
At Money 20/20, The Paypers has met with Mike Goodenough, the Banking Services Consultant at LHV, to gain insights into LHV’s plans and strategies in the financial sector.
banks, expansion, banking license, merchant, financial services, payments , card scheme, fintech, SMEs, SME lending
Nida Sattar, Allica Bank: The biggest disruptor in business banking ahead is how established businesses are served, offering vast opportunities to simplify processes and spur SME growth.
SME lending, regulation, banking