B2B Fintech News
New export pact to benefit Shariah-compliant SMEs in Saudi Arabia
Under the aegis of the International Islamic Trade Finance Corporation (ITFC), the leading export organizations of Saudi Arabia have..
Read MoreUAE and South Korea sign deal to enhance ties in the SME sector
The UAE has inked an agreement with South Korea to bolster the partnership between the SMEs in the two countries and promote entrepreneurship. Both the countries..
Read MorePMEGP 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..
Read MoreChicago’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..
Read MoreParliamentary 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..
Read MoreUS 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..
Read MoreSurvey 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..
Read More‘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..
Read MoreLoans 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..
Read More‘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%..
Read MoreIndia’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..
Read MoreSMEs 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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