B2B Fintech News
UK-based OakNorth acquires cashflow startup Fluidly to boost SME support
UK-based small business digital lender OakNorth Bank has acquired a 100% stake in London-headquartered smart cashflow..
Read MoreIndia govt mulls extending Rs 4.5 trillion credit scheme until March 2023
The Government of India may extend its Rs 4.5 trillion Emergency Credit Line Guarantee Scheme (ECLGS), which ends on March 31..
Read MoreMany CMSMEs in Bangladesh deprived of loans due to lack of documents
In Bangladesh, many cottage, micro, small and medium enterprises (CMSMEs) have not yet received financial support from the..
Read MoreBritain’s SME manufacturers urge govt to create new funding package
Britain’s SME manufacturers have urged the Government to improve their access to funding to enable them to achieve their full..
Read MoreIndia’s PSBs restructure loans worth Rs 585 billion given to MSMEs
In India, public sector banks (PSBs) have restructured over Rs 585.24 billion worth of loans advanced to 980,000 micro, small and..
Read MoreSaudi Arabian fintech Lamaa raises US$5.5 million in seed funding
Lamaa, a Riyadh-based fintech, has raised US$5.5 million for its invoice financing solutions for SMEs, in one of the largest..
Read MoreWTO launches online platform to enable MSMEs to trade internationally
The World Trade Organization (WTO) has developed and launched the Trade4MSMEs platform (https://trade4msmes.org) to help..
Read MoreTechnology and innovation bring in a paradigm shift in SME loan processing
Recent advancement in digital technology has eased SME loan processing by banks. The digital transformation happening at the..
Read MoreIndian MSMEs bracing up to tackle adverse impact of Omicron variant
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..
Read MoreSME employees in Malaysia prefer hybrid working model post-pandemic
A large section of employees working in various departments in SMEs across Malaysia would prefer a hybrid working model that..
Read MoreBangladeshi SMEs must be classified for proper financing, say experts
Small and medium enterprises (SMEs) in Bangladesh need to be appropriately classified to enable them to secure the right..
Read MoreLankaBangla Finance obtains US$21 million foreign loans for SME funding
The Dhaka-headquartered LankaBangla Finance Limited has obtained two foreign currency loans totaling US$21 million..
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