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Member News: Xero partnered with Revolut to integrate data of their joint customers

Revolut has also announced a partnership with small business cloud accounting company Xero, enabling joint customers to integrate expense data between the two platforms for seamless reconciliation in the UK.

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Four fintechs share £40m funding pot to boost small business finance in UK
Four fintechs have been awarded £40m between them to address the £10bn funding gap caused by the lack of small business finance in the UK. The £40m is part of a £775m programme funded by Royal Bank of Scotland as a condition of its bailout during the financial crisis.A total of £425m will be given in cash grants to rival business banks and...
Traditional players like Visa Inc are racing to create strategic commercial partnerships with rising and potential Fintech companies. Sunday Times’ Julius Bizimungu talked to Otto Williams, the Head of Partnerships, Fintech and Ventures at Visa to discuss the company’s position when it comes to financial technology and their latest work in Africa...
Member News: Ant Financial, third in the ranking of the Top Chinese Internet Players
Member News: Ant Financial/MyBank, third in the ranking of the Top Chinese Internet Players as per China Internet Report 2019 just released. Read the full report https://lnkd.in/dV5bQZz
Dropee partners Grab financial for SME business financing product
Dropee, a Malaysian B2B eCommerce marketplace that digitises supply chain to better connect businesses, announced a partnership with Grab Financial in launching SME Business Financing. The initiative seeks to provide business financing to Dropee’s merchants and retailers who have successfully applied to procure inventories on Dropee’s B2B platform...
MFC Annual Conference 2019: Demystifying Digital in Microfinance
Warsaw (Poland), 06 June 2019 - On the 30th and 31st of May 2019, the Microfinance Centre (MFC) held its 22nd Annual Conference to explore the implications of the digital revolution on financial and social inclusion. The event welcomed 409 delegates to Istanbul (Turkey) representing EU bodies, MFIs, NGOs, investors and FinTechs from 46 countries...
Member News: Fidor Partners with Finn AI to Launch a New AI-powered Chatbot for Banks
SME Finance Forum member, Fidor, announced a new banking chatbot, designed in collaboration with Finn AI, the world’s leading AI-powered conversational banking technology provider. With this development, Fidor has distinguished themself as one of the first digital banking service providers to embed a virtual assistant within their technology stack...
Member News: Strands Reveals Industry-First Insights Generator
SME Finance Forum member, Strands, launched a new generation of Engager, an implementation that transforms every interaction into a guided and meaningful conversation, transforming complex data into relevant customer insights and added-value solutions in real time. Engager 2.0. offers a novel way to engage with users on a new level –benefiting...
CashDirector Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. February 12, 2019 –  CashDirector became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need...
JD Finance Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 3, 2018 – JD Finance became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing...
Member News: DBS and Go-Jek Partner to Launch Payment Services
SME Finance Forum member DBS is working with Go-Jek to launch an app in the coming weeks focused on payment services. According to the article, DBS customers in Singapore will benefit from the upcoming beta-ride hailing services. “As Singapore’s leader in payments with over four million debit and credit cards in circulation and ‘DBS PayLah!’ being...