B2B Fintech News

PMEGP creates 103,219 micro-units and 8,25,752 jobs in India in FY22
Under the Prime Minister’s Employment Generation Program (PMEGP), 103,219 micro-enterprises were set up at a total investment..
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Chicago’s small business development center gets US$3mn funding
New HIRE360 in the city of Chicago has received US$3 million investment for a new Training and Business Development Center..
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Parliamentary panel in India pitches for credit cards for MSME owners
The Parliamentary Standing Committee on Finance in India has recommended providing a credit card to MSME owners, which will..
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US House passes US$55bn Bill to replenish Small Business Grant Program
US House of Representatives has passed HR 3807, a bill that envisages funding the Small Business Grant Program to the tune of US$55..
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Survey paints gloomy outlook for small businesses in US in near future
With the rate of inflation rising month after month and touching 8.5% for the 12-month period that ended in March, small business..
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‘Asia-Pacific may dominate digital payment market during next decade’
The worldwide digital payment market will grow at a CAGR of 24.4% in revenue over the next five years, and the global Digital..
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Loans to MSMEs across Saudi Arabia set to grow during current fiscal
Micro, small and medium enterprises (MSMEs) across Saudi Arabia will continue to grow during the current financial year 2022..
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‘MSMEs can grow by adopting e-commerce and digital technology’
Survey-based studies have revealed that the Covid-19 pandemic caused severe disruptions and distress in India’s MSME sector, particularly manufacturing. Around 67%..
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India’s Axis Bank signs US$150 million deal with ADB to support SMEs
Axis Bank has signed a collaboration agreement with the Asian Development Bank (ADB) to make it easier for SMEs in India..
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SMEs in Sub-Saharan Africa and Southeast Asia need US$160bn in funding
Currently, around 120,000 SMEs in Sub-Saharan Africa and Southeast Asia need US$160 billion in funding, against which..
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Kilo aims to connect 1,000,000 small businesses in Vietnam by next year
Kilo, the business-to-business (B2B) marketplace based in Ho Chi Minh, aims to reach 1,000,000 businesses by the next..
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Zvilo secures €50m debt facility for SME supplier lending in the Balkans
Zvilo, the digital platform that seeks to unlock capital in the Balkan region, has signed a deal with a London-based fintech fund to avail..
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