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Yuze Expands Business Banking Offerings to India, Supporting SME Growth in the Region

The Fintech Times

Its offerings include digital business accounts, automated invoicing, expense tracking tools, and a seamless digital onboarding process. Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy.

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Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. Toh Su Mei “It is heartening to witness how MSMEs are growing beyond their markets, especially micro and small businesses.

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Banks Elevate SMB Lending With FinTech Tie-Ups

PYMNTS

Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). and beyond, with small business lending a particular focal point of these partnerships. Banks Embrace FinTech For Business Lending.

FinTech 56
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Micro-Businesses? Major Role In SMB Banking Disruption

PYMNTS

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. “I think we can all agree that small businesses are at the epicenter of our economy. .

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HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses

The Fintech Times

Southeast Asian digital finance platform for micro, small and medium enterprises (MSMEs), Funding Societies , has signed its third credit facility with HSBC under its ASEAN Growth Fund. Furthermore, the region still has a $2.5trillion credit access gap, making up over half of the global shortfall in small business financing.

APACS 52
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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

“Microfinance institutions and digital lending platforms are gaining traction, providing credit to small businesses and individuals who lack traditional collateral.” Traditional banks struggle with high-risk borrowers, so microfinance companies step in, providing credit to individuals and small businesses.

Finance 59
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Link4, Squirrel Street Mix Invoice Management With AI

PYMNTS

The combined solution can integrate into companies’ existing accounting systems to reduce manual data entry, the firms noted. “We We are aiming for more efficiency and less data entry, which is what this collaboration will achieve,” said Squirrel Street Founder and CEO Simon Foster in a statement. “It