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US-based neobank Novo has raise a USD 125 million Series B round to scale operations and reach more customers in the near future.
neobanks, funding, SMEs, cash flow, Same Day ACH
Germany-based fintech Moss has partnered with Klarna Kosma to push digitalisation for SMEs in Europe.
Open Banking, expansion, digitalisation, spend management, SMEs
UK-based digital ecosystem Quid Global has partnered with Currencycloud to launch Quid’s global wallet that supports businesses in their cross-border development.
FX , digital wallet, online payments, SMEs, expansion
International consumer and SME payments are exploding, with huge opportunities on offer for banks that capture this growth. Susana Delgado, Head of Consumer & SME Payments Strategy at Swift, explains what banks need to do to take advantage.
SMEs, banks, cross-border payments
US-based fintech upSWOT has partnered with Cion Digital to help wealth managers and commercial loan brokers better serve SMBs with embedded finance tools.
partnership, banking, online banking, embedded finance, financial services, SMEs, SME lending, cash management
US-based payments platform Square has partnered with American Express to launch a new credit card built for Square sellers on the American Express network.
partnership, product launch, American Express, credit card, payments , SMEs, omnichannel payments solution, lending, SME lending
Singapore-based SME finance management platform YouBiz has launched global transfers in 8 major currencies to a total of 146 countries.
money transfer, SMEs, FX , spend management, cross-border payments
The African Development Bank has loaned the Egyptian state-owned Banque Misr a USD 130 million line of credit.
banks, fintech, SMEs, startup, digitalisation
UK-based remittance platform Wise has partnered with HR and payroll company Deel to enable customers to send funds via Deel using an email address.
instant payments, cross-border payments, product upgrade, SMEs, online payments
Embedded banking solutions provider BankiFi has partnered with Open Finance company MX to enable secure data sharing and account connectivity for businesses using BankiFi’s platform.
partnership, Open Finance, SMEs, financial data
Ireland-based fintech Fexco has partnered with Cashflows to offer an end-to-end Dynamic Currency Solution for ATM providers in Europe.
ATM, SMEs, currency conversion, fintech, payment processing, partnership
Standard Chartered (SC) and US-based fintech platform upSWOT have launched a pilot in Singapore to offer the bank’s SME clients intelligent forecasting capabilities on a single digital platform.
partnership, fintech, SMEs, data analytics
Singapore-based digital wholesale bank ANEXT Bank has unveiled its initiative to drive further industry collaboration to enable inclusive financing for SMEs.
SMEs, embedded finance, ecommerce, financial inclusion, banking
Egypt-based fintech Paymob has planned to make a sizeable investment in the UAE market until 2025 as part of its global growth plans.
expansion, digital payments, Tap-to-Pay, SMEs, POS
Weavr, a UK-based technology provider that offers businesses plug-and-play embedded finance solutions, has announced its launch in Singapore.
expansion, embedded finance, investment, financial services, SMEs
Australia-based payment service provider Live Payments has launched its Tap to Phone contactless payment product LiveTap to boost contactless payment acceptance in Australia.
mobile payments, contactless payments, NFC, Android, SMEs
Klarna Kosma, Klarna's financial technology platform for banks, fintechs and retailers, has announced its partnership with Krea, a Swedish digital loans platform for SMEs.
lending, SME lending, B2B payments, SMEs, BNPL
Netherlands-based fintech Adyen has extended its offering by offering two new embedded financial products, Capital and Accounts, available in the US and Europe.
Adyen, embedded finance, product launch, BaaS, SMEs
Malaysia-based payments company Instapay has announced a new strategic partnership with global card issuer Mastercard to launch Glyd Prepaid Corporate Card for SMEs.
partnership, SMEs, prepaid card, digitalisation, financial inclusion, credit card, personal finance management, spend management, cashless, cash flow
Italy-based paytech Nexi has offered its payment solutions on the b-ilty digital store of high-tech banking group Illimity.
partnership, SMEs, payment processing, POS, Acquirer