Fintech
Who Will Benefit from the Small Business Brex-it?
The fintech platform Brex made waves recently when it decided to walk away from tens of thousands of small business customers. The company announced that
small business
Study Says Small Businesses Are Flocking to TikTok
By now, anyone who spends much time scrolling through TikTok knows the platform has long since moved beyond being a platform for viral dance videos.
funding watch
Small Business POS Player SumUp Raises $624M
We’ve been seeing no shortage of big VC funding rounds for SMB-facing tech companies despite all the talk about a long cold winter ahead for
Fintech
Fintech Brex Is Dropping SMBs — Will Others Follow?
We’ve spent years watching one company after another attack the small business market. Only to retreat, bloodied from unsustainable acquisition costs and churn. So it’s
Fintech
Irish SMB Fintech Swooping into U.S. with New Funding
An Irish small business-focused fintech called Swoop has raised a $6.6 million Series A round designed to help the company expand into the U.S. market.
Data Scout
New MSFT Study Shows How GenZ SMBs Do Things Differently
A new internal survey from Microsoft Stores of 1,000 small business owners shows how GenZ entrepreneurs’ attitudes towards work, mission, technology, and education differ from
Data Scout
Study Points to SMB Pullback on IT Spending in Pandemic’s Wake
A new study from GoTo (the webinar folks) finds that the new hybrid work culture is straining IT teams. And this is especially true among
SaaS
Thryv Eyes $1 Billion in SaaS Revenue by 2027
Thryv held its investor day this week. And during a roughly two-hour session, it laid down some pretty aggressive markers for growing the company’s SaaS
Data Scout
Facebook Study Shows Choppy SMB Pandemic Recovery
Small businesses worldwide are recovering, if in fits and starts, from the body blow delivered by the global pandemic. Facebook’s latest Global State of Small
MCM
Xero Report Cites ‘Resistance to Change’ as Key Tech Adoption Barrier
The global cloud accounting software firm Xero set out this summer to find out what exactly is preventing small businesses from adopting the digital technology
Data Scout
What Are “Necessity Entrepreneurs” and Why Do They Matter?
The other day I was searching for some data on how many more businesses were being launched during Covid vs. pre-Covid. The numbers are way
banking
Hatch Has Designed a Bank for the Bootstrapping Micro Business
A new online banking startup called Hatch just announced it has raised $20 million from Kleiner Perkins, Foundation Capital, and others. What’s Hatch’s angle? The
Fintech
Fintechs Pushing for a Better SMB Credit Scoring Model
The notion of using technology to do a better and faster job of assessing the creditworthiness of small businesses is gaining steam for a variety
small business
Telstra Invests in Building Ozzie Small Business Digital Skills
Telstra, Australia’s leading telecom, has committed A$8.5 million (about US$6.5 million) to improve the digital skills set of Australian small businesses. The assistance comes largely