Reward Finance Group has helped boost Scotland’s economy by providing £8.3m of funding to SMEs in the first 12 months of launching north of the border.

Having experienced unprecedented growth, the SME lender has supported Scottish businesses operating across a diverse range of sectors and is looking to further build on its success by expanding its team internally and further developing its commercial finance broker network in the year ahead.

Today PayU GPO, the leading online payment service provider operating in over 30 emerging markets, announces a strategic partnership with 4fund.com as its official payment operator, delivering enhanced benefits to users across the European Union. The 4fund.com platform is now available to users throughout the EU who can either donate or create their own fundraisers.

BC Payments, the licensed subsidiary of EQT-backed innovative tech-led payments business, Banking Circle Group, has launched in Australia. It will provide Australian FinTechs, payments businesses and banks with global payment solutions, facilitating both onshore and offshore growth. 

Finnovating, the world's first AI-powered global deal-matching platform that connects corporations, investors, and over 100,000 technology startups and scaleups (Fintech, Insurtech, Proptech, etc.), has been named as one of the top 25 Digital Business Solutions companies in the world by CNBC and Statista.

PaySprint Private Limited is proud to unveil SprintNXT, an innovative leap in business banking solutions designed to propel SME / MSME businesses into the future of finance. SprintNXT is not just another banking platform; it's a strategic partner for modern enterprises, paving the way for uncomplicated financial management, enhanced security, and optimal resource allocation.

The global Islamic microfinance industry has reached a significant milestone, surpassing $60 billion in value within the $3.8 trillion Islamic finance landscape. This achievement highlights the growing recognition of Islamic microfinance as a potent tool for poverty alleviation. The industry's potential to bridge financial gaps while adhering to Shariah principles positions it as a viable alternative for fostering financial inclusion and tackling global poverty challenges.

Four in ten (38%) UK small and medium-sized businesses (SMEs) are now taking over 90 days to pay their contract staff, according to new research from Sonovate*, the leading provider of embedded finance and payment solutions for the contingent workforce.

P2P platforms used to take about 5 years to reach key metrics, whereas in current conditions, new companies need just 3 years to do so.

Tezos India, a pioneer in blockchain adoption, announced today that it has partnered with P2P (peer-to-peer) video calling and messaging platform, Huddle. The collaboration combines the innovative capabilities of both entities to create a seamless and decentralised communication experience. The partnership represents a huge advancement in redefining how individuals and companies engage in a digital environment.