Small and medium-sized enterprises (SMEs) are finding it increasingly hard to access funding from high street banks, new data out today reveals.

According to data from fintech firm iwoca, 84 per cent of finance brokers said high street banks were increasingly reluctant to lend to SMEs. This was seven percentage points more than the quarter before.

Currencycloud, the experts in simplifying business in a multi-currency world, have partnered with Australia-based CFD broker GO Markets to streamline and automate client deposits and withdrawals, while benefiting from real-time, API-driven competitive FX rates.

British Business Investments today announces it has committed £30m to the Panoramic SME III fund as part of a final close of £100m. This commitment will allow Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK.

AI and ML algorithms that can process large quantities of data are delivering increased efficiency, scalability and accuracy for fintechs pioneering the technology

Artificial intelligence (AI) and machine learning (ML) adoption is increasing across virtually every industry, but their impact has been particularly notable in the fintech and financial services sector.

Azentio Software (“Azentio“), a Singapore-based software products company owned by funds advised by Apax, is delighted to announce the appointment of Sanjay Singh as its new Chief Executive Officer.

IPC is pleased to announce an industry collaboration that brings together Celoxica’s Market Access Gateway with IPC’s Connexus platform to deliver a hosted, fully managed colocation solution to a Tier 1 Investment Bank in Taiwan, for enhanced Direct Market Access (DMA) and pre-trade risk management.

The crypto and digital assets industry has received the long awaited proposed regulations seeking regulatory clarity and improving taxpayer compliance. Yet regulatory clarity hasn’t quite been reached in some areas, especially for decentralized players and the emerging real-world asset tokenization industry.

Tradeteq, the marketplace for private credit and real assets and provider of securitization-as-a-service, today announced the ability for accredited investors to get access to a multibillion-dollar exchange-traded U.S. Treasury Yield fund (USTY). USTY will be tokenized by digital asset leader Securitize on the XDC Network.

MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card.

The funds were secured from a consortium of renowned GCC-based angel investors, reflecting their belief in the start-up’s vision to reshape financial wellness in the UAE and broaden its reach to other regional markets.

 VizyPay, a payment processing fintech that serves small businesses in rural America, announces its strategic partnership with Clear Lake Bank & Trust. Unified by a shared mission to uplift small businesses, this partnership will provide Clear Lake Bank & Trust customers access to VizyPay’s cost-effective and user-friendly payment technologies.