The reality of Brexit for small businesses
Small businesses are applying a practical no-nonsense approach to protect themselves and their business.
SME
RFI Global Business Banking Summit 2019: The age of branch banking is over
The time of digital has come.
New Valley Bank & Trust gears up for launch in Massachusetts, selects new lendtech
New Valley Bank & Trust has selected Baker Hill NextGen for its commercial and small business lending operations.
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
Bank of Ireland unveils €2bn Brexit fund for SMEs
“Brexit isn’t ‘business as usual’.”
Validus Capital raises $15m for SME financing
Series B round led by Dutch public-private development bank FMO.
Fun days for insurtech start-up Sunday with $10m funding
Malaysia, Indonesia and Singapore are the next stops for the Thai firm.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Nigerian paytech OyaPay is no more
“Our grand experiment is at an end after 365 days.”
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
Bill.com bans wire transfer fees for small businesses
Here’s a ban that businesses can really get behind.
Data manager Spinr spins into view for fintech SMEs
UK firm offers cloud-based data and API integration platform.
Factris has X factor for Lithuanian expansion
Its investment plans follow on from Debifo acquisition last month.
SME lender Iwoca gets £150 million funding
Takes its total funding to £350 million.
Scotland’s SME challenger bank AlbaCo readies for launch
Glasgow-based entity plans to be ready in early 2020.
UK trade finance challenger Diaspora preps for flight
Will offer a trade finance ecosystem on blockchain.
No Xpence spared as Dubai neobank readies for business
“Gulf region’s first neobank designed by entrepreneurs for entrepreneurs.”
Goldman Sachs leads $44m funding in US business credit start-up Nav
Other investors include Point72 Ventures and Experian Ventures.
UK challenger bank Starling secures £75m for European expansion
Series C funding round led by Merian Global Investors
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
Bill.com partners with Amex to offer new AP solution
Vendor Pay has arrived.
Insurtech CoverHound fetches $58m funding
Plans for US and Japan expansion.
UK and Canada unveil tech innovation competition
Open to ideas in artificial intelligence, internet of things, blockchain and cybersecurity.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Credorax turns to Temenos’ T24 Transact for payments push
Running on the Azure cloud.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Growth Street gets £7.5m funding to grow lendtech business
Round led by Merian Chrysalis Investment.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
AnaCap-backed paytech Heidelpay acquires Universum Group
Its fifth bolt-on acquisition since AnaCap’s initial investment in 2017.
Barclays and Santander join £56m funding in MarketInvoice
UK-based SME lender plans fintech-bank partnerships.
ScaleFactor secures $30m funding for back office automation
Texas-based accounting platform seeks expansion via “business OS”.
Top fintech stories this week – 18 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Goldman Sachs fuels SME finance provider Capify with £75m funding
UK company gets boost for its expansion ambitions.
Kabbage powers Alibaba’s pay later payments programme
Alibaba’s SME customers can get up to $150,000 of financing.
Tide rides with ClearBank on UK SME banking market hunt
Looking for action and funds from £775 million RBS Alternative Remedies Package.
