Tag: SME

QNB unveils Qatar’s premier local payment gateway

QNB Group, the foremost financial institution in the Middle East and Africa, has made waves with the introduction of the new QNB Payment Gateway, marking it as the premier locally established payment gateway in Qatar.

Funding Societies grabs $27m to aid SME credit accessibility in Southeast...

Funding Societies | Modalku, recognised as the most expansive unified SME digital finance platform in Southeast Asia, has bagged $27m. 

Fleximize secures £136m boost from Goldman Sachs and Citi

Fleximize, a multi-award-winning business lender, has successfully bagged a hefty £136m in securitised funding.

Payment platform fumopay completes seed funding

In a significant boost for the Open Banking landscape, British payment platform fumopay announced the successful conclusion of its first-ever seed funding round today

Could new PRA legislation put SME lending at risk?

A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.

Visa, Froda and Lunar team to unveil push-payments for SME loans

Three financial firms – Visa, Froda and Lunar – have announced a global partnership and are launching a technology aimed at resolving push-payment problems.  

Indonesia-based Paper.id scores $12m

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.

Financial management startup FINOM launches in Netherlands

FINOM, a financial management platform aimed at SMEs, has continued its European expansion efforts, with its launch in the Netherlands.

ALAMI nets funding for Shariah-compliant P2P SME lending

Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.

Southeast Asia-focused SME lender Funding Societies scored $144m

Funding Societies, an SME lending platform aimed at Southeast Asia, has closed its oversubscribed Series C+ round on $144m.

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