PYMNTS

SEPTEMBER 16, 2019

In layman’s terms, an EIN is like a business’ Social Security number; the Internal Revenue Service (IRS) uses it to help identify businesses when it comes to tax issues. Square will automatically associate a business’ EIN with its Square profile.

IRS 60

IRS Social Security Small Business Payroll 60

PYMNTS

FEBRUARY 20, 2019

Small business (SMB) adoption of technology can be a process filled with growing pains and friction points, thanks to the cost and disruption associated with integrating a new technology. “The smaller-business side of innovation is healthy and alive.” “And a lot of the innovation is coming at the early stage.”

Innovation 76

Innovation Accounts Small Business Advisors 76

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. “A lot of them process 50 to 200 bills a month — it really is like running a business.”

Finance 61

Finance Payroll Advisors Wires 61

PYMNTS

JUNE 11, 2020

We want to be careful at this point, seeing how much money is in the economy,” Treasury Secretary Steven Mnuchin told the Senate Small Business and Entrepreneurship Committee on Wednesday (June 10). “A In May, total nonfarm payroll employment rose by 2.5 A lot of the money is still not in it.”.

Federal Reserve 53

Federal Reserve Treasury Economy Fed 53

PYMNTS

JULY 22, 2020

“The need for frictionless experiences for things like accessing cash flow statements and predictions, optimizing payments and payroll, and loan origination is more critical than ever.”. Serving the small businesses hit hard by this pandemic will also continue to be a significant focus. So, how do FIs serve the new consumer?

Credit Union 74

Credit Union Irrevocability Payroll Origination 74

PYMNTS

AUGUST 5, 2016

4) that it has rolled out a feature enabling clients to use blank check stock to print out their own checks for payroll and accounting purposes. are for small business payroll; on average, it added, a business uses paper checks to make 50 percent of its B2B payments. Patriot Software said on Thursday (Aug.

Checks 40

Checks Payroll B2B On-Demand 40

PYMNTS

JUNE 24, 2019

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always been made. and Europe.

ACH 74

ACH Payment APIs and Integration Business Payments Checks 74

PYMNTS

AUGUST 10, 2018

Asia-Pacific and North American startups took the lead this week, with funding going to small business (SMB) accounting, payroll, B2B eCommerce and cybersecurity firms — just to name a few. Small business accounting firm freee , based in Japan, announced a $60 million Series E funding round this week, said reports.

B2B 40

B2B APACS Cybersecurity Payroll 40

PYMNTS

JUNE 10, 2020

This week’s examination of the latest tie-ups include a new partnership between Coupa and BNP Paribas, as well as a broader discussion of the impact of “open finance” on small businesses by Plaid. “Open finance will allow faster payroll, simpler expense management and streamlined invoicing and budgeting.”

Commercial Card 52

Commercial Card Payroll Finance FinTech 52

CB Insights

NOVEMBER 21, 2019

HR, payroll, and benefits. Companies in this subcategory (1) provide technology to employers to automate human resources, payroll, and benefits processes, or (2) leverage technology to provide these services directly to end-users. or (2) leverage technology to provide P&C or life insurance products directly to end-users.

FinTech 93

FinTech End User Online and Mobile Banking Payment APIs and Integration 93

FICO

JULY 27, 2021

At the same time, repayments for commercial support initiatives, in the shape of Coronavirus Business Interruption Loan Schemes and Business Interruption Loan Schemes - BIBLs and CIBLs - are yet to get underway in earnest. Elsewhere, it’s estimated that more than 600,000 sole traders and small businesses (SMEs) are also at risk.

Card Issuer 52

Card Issuer Payroll Advisors Treasury 52

PYMNTS

JULY 17, 2020

The figures “confirmed the strong snapback in demand as retail sales are now back to their pre-coronavirus levels,” Oxford Economics’ Lydia Boussour and Gregory Daco wrote in a note Thursday, according to Advisor Perspectives. Then there’s the issue of the stimulus. The $600 weekly unemployment subsidy is scheduled to end after July 31.

Federal Reserve 63

Federal Reserve Bureau of the Fiscal Service Fed Fiscal Service 63

PYMNTS

MAY 22, 2020

The Singapore company said it will, for the first time, service corporates directly, an expansion of its existing services to collaborate with banks and investors to extend trade finance to businesses. Asia Capital & Advisors led the round, reports said, while Global eTrade Services and Curzon Investments also participated.

Finance 56

Finance B2B Online and Mobile Banking Participant 56

Fintech Labs Insights

NOVEMBER 23, 2015

LQD Business Finance. Online small business financing. Payroll-based lender. Wealth management system for advisors. Bitcoin-based international payroll . Tags: SMB, enterprise, payments, human resources, crypto-currency, payroll. Total raised: $119 million. HQ: London, England, UK. Source: Crunchbase.

NOV 21

NOV Debit Card FinTech Online and Mobile Banking 21

Fintech Labs Insights

AUGUST 5, 2016

Alt-lender to small businesses. Payroll automation platform. Tags: Consumer, advisors, traders, investing, wealth management, trading, mobile. Total raised: $874 million. HQ: Beijing, China. Source: Crunchbase. Latest round: $35 million. Total raised: $36.6 HQ: Mumbai, India. Source: FT Partners. Source: Crunchbase.

Multi-Currency 17

Multi-Currency FinTech Funds Transfer Advisors 17

Fintech Labs Insights

JUNE 6, 2016

Online financial advisor. Online payments & cash management for small businesses. Back-office platform for financial advisors . Marketplace lender to small businesses. Tags: SMB, accounting, payroll, bookkeeping, billing, payments, invoicing, PFM. Source: FT Partners. Latest round: $5.5

Online and Mobile Banking 20

Online and Mobile Banking Debit Card FinTech Underwriting 20

Fintech Labs Insights

APRIL 4, 2016

Human resources, payroll and health insurance platform. Suite of small business tools for payroll, accounting, invoicing, payments. Tags: Consumer, investing, trading, robo-advisor, porfolio management. Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Total raised: Unknown. Betterment.

Underwriting 18

Underwriting FinTech Online and Mobile Banking Payroll 18

Fintech Labs Insights

SEPTEMBER 19, 2016

Digtial currency management for small businesses. Tags: Investors, traders, advisors, investing. HQ: Guangzhou, China. Source: Crunchbase. BPS Technology. Latest round: $21.2 Total raised: $21.2 HQ: Southport, Australia. Source: FT Partners. Source: FinDevR. Wealth management. Latest round: $12 million Series A. ComparaOnline.

Underwriting 27

Underwriting FinTech P2P Advisors 27

Fintech Labs Insights

MAY 19, 2016

Marketplace small business lending platform. International payment service for small businesses. Accounting, payroll and HR platform for small businesses. Tags: SMB, human resoures, accounting, billing, payroll, invoicing, bookkeeping, insurance. Latest round: $17 million Debt. million ($5.82

FinTech 18

FinTech Debit Card Underwriting Non-Bank 18

Fintech Labs Insights

JUNE 13, 2016

In April, Kabbage teamed up with Santander to bring same-day financing to small businesses in the U.K. 2015 CNBC Disruptors 50 featured alums TransferWise , Personal Capital , Motif Investing , Zen Payroll , Coinbase , Klarna , Wealthfront , Betterment , Twilio , Narrative Science.

Authentication 15

Authentication Small Business Payroll Advisors 15

Fintech Labs Insights

JULY 12, 2016

Accounts receivables platform for small businesses. Alt-lender for small businesses. Tags: SMB, small business, investing. Total raised: $4.8 HQ: London, England, UK. Source: Crunchbase. Smartkarma. Marketplace for Asian investment research. Latest round: $4.7 Total raised: $7.5 HQ: Singapore. million Debt.

Underwriting 17

Underwriting P2P FinTech Online and Mobile Banking 17

Nanonets

APRIL 26, 2024

Bank feeds and automated reconciliation, easy expense claim reimbursement, and online invoicing features are just the start; Xero is a premium accounting software solution for small businesses.   Payroll HR  Payroll is one of the most important tasks a business regularly completes.

Payroll 52

Payroll CRM Reconciliation Automation 52

Nanonets

JANUARY 17, 2024

It's like the go-to gadget in your tech toolbox, seamlessly connecting over 5,000 apps to keep your business running smoother than a hot knife through butter. For small businesses, bootstrapped startups, or anyone counting pennies (because who isn’t?), But here's the kryptonite – the cost.

Payment APIs and Integration 52

Payment APIs and Integration Automation CRM API 52

Fintech Labs Insights

AUGUST 11, 2016

Payroll platform. LQD Business Finance. Alt-lender to small businesses. Tags: Institutions, advisors, investing, financial planning. Source: Crunchbase. Qauntifeed. Digital wealth management platform. Latest round: $4.5 million Series A. Total raised: $4.5 HQ: Hong Kong. Source: Crunchbase. Abacus Labs.

FinTech 18

FinTech Underwriting Debit Card P2P 18

PYMNTS

MARCH 20, 2018

Indeed, small businesses say they are actually demanding more from their accountants and bookkeepers than ever before. In addition to the standard numbers-crunching and tax filing, accountants are expected to serve as strategic advisors to small business clients. I’m a strong believer in that.

Accounts 47

Accounts Small Business Automation AI 47

Nanonets

FEBRUARY 13, 2024

Here are the essential categories that every small business should consider: Operating Expenses : These are the day-to-day expenses that are necessary for your business to function. Personnel Costs : Salaries, wages, benefits, and payroll taxes fall into this category.

IRS 52

IRS Automation Adjustments Audit 52

The Finance Weekly

APRIL 13, 2024

Engineered to cater to small businesses and startups, Cube particularly enhances the financial agility of expanding firms and major enterprises. It also offers comprehensive financial tracking through detailed accounting reports and facilitates seamless collaboration with advisors in a real-time online environment.

Finance 52

Finance Multi-Currency Online and Mobile Banking Credit Cards 52

Fintech Labs Insights

MARCH 14, 2016

Payroll, benefits & compliance platform for employers. Alt-lender for small businesses. Personal and small business financial management. Insurance management for small businesses. Invoicing and inventory management for small businesses. Source: Crunchbase. HQ: New York City.

FinTech 19

FinTech Debit Card Underwriting Point-of-Sale (POS) 19

Fintech Labs Insights

AUGUST 1, 2016

Online payroll system. Alt-lender to small businesses. Alt-lending to small businesses. Alt-lender to small businesses. Tags: Consumer, investing, advisors, wealth management, information, analytics, crowdsourcing. Total dollars raised YTD is now $17.4 billion, more than double the $8.4

Underwriting 17

Underwriting FinTech Online and Mobile Banking Debit Card 17

Fintech Labs Insights

FEBRUARY 5, 2016

Small business alt-lender . Alt-lender for small businesses (Rocket Internet). Real-time payroll platform . Tags: Consumer, advisors, investing, trading. Just five weeks into the new year, fintech companies have raised $4.25 billion in equity and debt worldwide, more than three times the $1.3 million Seed.

FinTech 17

FinTech Bitcoin Blockchain Underwriting 17

Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. These two giants in the small business accounting software space are equally adored in the business community.

Accounts 88

Accounts Payment APIs and Integration Online and Mobile Banking Payroll 88

PYMNTS

DECEMBER 6, 2018

One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB) customers, is through relationship-building. While exact data is sparse, credit unions (CUs) are often lumped into commentary about branch closures and their impact on small businesses.

Credit Union 64

Credit Union FinTech Small Business Non-Bank 64

CB Insights

JUNE 17, 2020

The small business sector has also seen an increase in adoption of contactless options. While 40% of small businesses remained nonoperational due to the pandemic, 27% of those that continued to accept on-premise payments reported an increase in contactless payments made through smartphones and contactless cards.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

Fintech Labs Insights

MARCH 8, 2016

Spending & forecasting software for small businesses. Robo-advisor software for financial institutions. Payroll services. Tags: SMB, management accounting, business intelligence, BI. Total raised: $16.25 HQ: Tel Aviv, Israel. Tags:Consumers, SMB, accredited investors, equity investing, startups. million Seed.

Underwriting 18

Underwriting FinTech Accreditation P2P 18

CB Insights

OCTOBER 31, 2017

” Title: Why is Finance for Small Business Still Broken? Dealstruck closed its doors after more than three years in business. I learned the necessity of good advisors, especially angels and lawyers. It’s a pain to manage payroll, unemployment, insurance, etc in one state. Product: Dealstruck.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

Fintech Labs Insights

APRIL 18, 2016

PocketSuite : Small businesses payment, invoicing, bookin and communication application. Drip Capital : Small business financing. Seed : Small business banking for innovators. Tesorio : Small business. SimplyInsured : Simple health insurance for small businesses.

FinTech 18

FinTech Online and Mobile Banking Small Business Debit Card 18

PYMNTS

OCTOBER 18, 2020

The Payroll Protection Program is the federal COVID-19 relief program that provides loans to small businesses and converts those loans into grants if the businesses meet certain employee-retention guidelines. In announcing his call for a plan advisors separately put at $1.8 billion, Trump in an Oct.

Agreements 60

Agreements Federal Reserve Small Business Payroll 60