UK-based OakNorth acquires cashflow startup Fluidly to boost SME support
By Invoice Bazaar | December 14, 2021
UK-based small business digital lender OakNorth Bank has acquired a 100% stake in London-headquartered smart cashflow..
India govt mulls extending Rs 4.5 trillion credit scheme until March 2023
By Invoice Bazaar | December 12, 2021
The Government of India may extend its Rs 4.5 trillion Emergency Credit Line Guarantee Scheme (ECLGS), which ends on March 31..
Many CMSMEs in Bangladesh deprived of loans due to lack of documents
By Invoice Bazaar | December 10, 2021
In Bangladesh, many cottage, micro, small and medium enterprises (CMSMEs) have not yet received financial support from the..
Britain’s SME manufacturers urge govt to create new funding package
By Invoice Bazaar | December 9, 2021
Britain’s SME manufacturers have urged the Government to improve their access to funding to enable them to achieve their full..
India’s PSBs restructure loans worth Rs 585 billion given to MSMEs
By Invoice Bazaar | December 7, 2021
In India, public sector banks (PSBs) have restructured over Rs 585.24 billion worth of loans advanced to 980,000 micro, small and..
Saudi Arabian fintech Lamaa raises US$5.5 million in seed funding
By Invoice Bazaar | December 6, 2021
Lamaa, a Riyadh-based fintech, has raised US$5.5 million for its invoice financing solutions for SMEs, in one of the largest..
WTO launches online platform to enable MSMEs to trade internationally
By Invoice Bazaar | December 5, 2021
The World Trade Organization (WTO) has developed and launched the Trade4MSMEs platform (https://trade4msmes.org) to help..
Technology and innovation bring in a paradigm shift in SME loan processing
By Invoice Bazaar | December 4, 2021
Recent advancement in digital technology has eased SME loan processing by banks. The digital transformation happening at the..
Indian MSMEs bracing up to tackle adverse impact of Omicron variant
By Invoice Bazaar | December 3, 2021
Indian MSMEs, which were striving to get back on track after being hit hard by the adverse impact of the Covid-19 pandemic, are now..
SME employees in Malaysia prefer hybrid working model post-pandemic
By Invoice Bazaar | December 2, 2021
A large section of employees working in various departments in SMEs across Malaysia would prefer a hybrid working model that..
Bangladeshi SMEs must be classified for proper financing, say experts
By Invoice Bazaar | November 30, 2021
Small and medium enterprises (SMEs) in Bangladesh need to be appropriately classified to enable them to secure the right..
LankaBangla Finance obtains US$21 million foreign loans for SME funding
By Invoice Bazaar | November 28, 2021
The Dhaka-headquartered LankaBangla Finance Limited has obtained two foreign currency loans totaling US$21 million..