Tag: SMEs

Canada’s Department of Finance Advisory Committee recommends steps towards open banking

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.

Tamara raises $250m in additional debt financing to bolster its FinTech...

Tamara, Saudi Arabia-based company, secured an additional up to $250m in debt financing, elevating its total warehouse facility to a staggering $400m.

WorldFirst to expand digital eCommerce solutions for Southeast Asian SMEs

WorldFirst has revealed its ambitious plan to introduce e-commerce digital finance solutions across new Southeast Asian markets in 2023 and 2024.

How SMEs can align with the latest sustainability standards

With the introduction of the Corporate Sustainability Reporting Directive (CSRD), companies are now required to disclose their sustainability performance. However, the European Financial Reporting Advisory Group (EFRAG) has acknowledged the challenges faced by small and medium-sized enterprises (SMEs) in meeting these requirements due to their limited resources.

Cowbell, InsurTech leader, secures new funding after a 49% YoY growth

Cowbell, a foremost entity in the realm of cyber insurance tailored for small- and medium-sized enterprises (SMEs), has made headlines with its announcement of substantial growth momentum and a $25m investment.

France announces plans to establish country as global AI leader amid...

Key French FinTech investment stats in Q3 2023: • French FinTech deal activity reached 30 deals in Q3 2023, 42% drop from Q3 2022 • French...

Qatar Central Bank paves the way for Loan-Based Crowdfunding Regulation

The Qatar Central Bank has issued instructions for the Loan-Based Crowdfunding Regulation, underscoring its commitment to regulating and advancing the financial sector within the country.

Indian InsurTech Onsurity nets $24m in Series B

India-based Onsurity, an SME-focused, subscription-led employee healthcare benefits provider, has successfully raised $24m in a Series B funding round.

Cyber risk pioneer Cypherleak secures $750,000 in seed funding

Cypherleak, a trailblazing cyber risk monitoring and scoring startup, has garnered an impressive $750,000 seed round. The financial backing came from prominent investors based...

New unicorns tick up in August led by FinTech companies

Of the three companies that reached unicorn status in August 2023, two were FinTechs highlighting the continued faith in the sector shown by investors The...

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