Tag: SMEs

Key Southeast Asia FinTech investment stats in 2023 (excluding Singapore): · Southeast Asia FinTech deal activity totalled at 111 deals in 2023, a 47% drop...

The latest study from Spendesk, a comprehensive spend management solution catering to SMEs, reveals significant insights into the burgeoning AI sector, particularly its impact on European small and medium-sized businesses (SMBs).

Volopa, known for its expertise in transactions, payments, and expense management, has entered into a strategic partnership with Yapily, a frontrunner in providing Open Banking API solutions. This collaboration is set to redefine the payment experience for finance teams.

Currently, non-listed small and medium-sized enterprises (SMEs) in the EU are not required to report on their environmental, social, and governance (ESG) practices under the EU Green Deal directives like CSRD/EU Taxonomy/CSDDD. However, market realities are such that SME stakeholders, including investors, banks, and customers, are already imposing these reporting requirements.

Escrowpay has raised an additional $4m in funding bringing the Series A to a total of $6m.

Xero has joined forces with Flinks to provide small businesses in North America with secure access to banking data.

Fawry, a frontrunner in e-payment and banking technology, has teamed up with Hulul, a subsidiary of WideBot, a leader in Arabic-focused conversational AI in the MENA region.

Guardz, a cybersecurity innovator known for its unique approach to protecting small businesses, has successfully raised $18 million in a Series A funding round.

Cyberwrite, a leading provider of cyber insurance Artificial Intelligence (AI) solutions, has announced a strategic partnership with MAPFRE to fortify cybersecurity for their clients.

Canada's Department of Finance Advisory Committee on Open Banking has issued its final recommendations report, marking a pivotal step in the nation's journey towards embracing Open Banking.